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Microsoft Sharepoint and Microsoft Exchange – Security Vulnerabilities – Patch updates available

Alert status – HIGH Background /What has happened? Microsoft released multiple security updates to a range of products in its 12 October 2021 patch release. The ACSC recommends that all vulnerabilities identified in the release should be mitigated as outlined in the ACSC’s Assessing Security Vulnerabilities and Applying Patches. The vulnerabilities identified affect a wide range of Microsoft Office versions and other applications which handle Microsoft Office files. The ACSC wishes to draw particular attention to the following …

Why your organisation’s perimeter cybersecurity model is outdated

The case for identity and access management, according to Thales’ Rana Gupta. Australian organisations continue to increase spending on cyber security, yet serious security breaches continue. Part of the problem is the perimeter security model, argues Rana Gupta, Vice President, APAC, Authentication & Encryption for Thales’ Cloud Licencing & Protection division. Gupta speaks about the issue in a two-part podcast mini-series about zero-trust security (listen to episode 1 below), in which he suggests that a …

ANZ to buy back up to (A$1.5bn) of shares as it has more than doubled its cash profit in the first half in 2021.

Australia and New Zealand Banking Group (ANZ) has unveiled plans to buy back up to $1.1bn (A$1.5bn) of shares, as it marked a sharp rebound by more than doubling its cash profit in the first half. The on-market buyback, part of its capital management plan, is planned to commence next month. At the end of March this year, the bank’s Level 2 CET1 ratio stood at 12.4%, which surpasses APRA’s requirement of 10.5%. The lender expects the …

Cybercrime – Will be $10.5 Trillion By 2025

If it were measured as a country, then cybercrime — which is predicted to inflict damages totalling $6 trillion USD globally in 2021 — would be the world’s third-largest economy after the U.S. and China. Cybersecurity Ventures expects global cybercrime costs to grow by 15 per cent per year over the next five years, reaching $10.5 trillion USD annually by 2025, up from $3 trillion USD in 2015. This represents the greatest transfer of economic wealth in history, …

Jaguar to sell electric cars only from 2025

UK automaker Jaguar Land Rover will only sell electric cars from 2025 as part of a new sustainability strategy. The company announced it would launch six “pure electric variants” during the next five years. This includes the first all-electric vehicle for its Land Rover brand in 2024. It aims to sell electric versions of all Jaguar and Land Rover models by the end of the decade. Jaguar Land Rover has so far produced just one …