A cybersecurity roundtable hosted by Deloitte and Australian Parliamentary Secretary to the Prime Minister Christian Porter revealed 92 percent of breaches “are perpetrated by outsiders" and “the average cost of a data breach to an Australian business is more than $2.5 million per year,” CRN reports. Deloitte’s James Nunn-Price said a key initiative is to build cybersecurity expertise to combat the threats, noting, “Our experience is that the niche skills are out there; it is more the complex matter of securing, coordinating and continuing to develop them as the threat to Australia’s cybersecurity is growing in sophistication and severity.” Meanwhile, a Unisys Corporation study found that telcos spark the most distrust amongst Malaysians regarding data privacy, and 59 percent of those surveyed “expect a personal information data breach in the next 12 months at a telco.”
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