Many cracks in our cyber defences

The latest Verizon DBIR report reveals Australian organisations need to move at pace, as threat actors continue to exploit vulnerabilities at unprecedented rates.

Verizon's eagerly awaited 2024 Data Breach Investigations Report (DBIR) shows the cracks in our cybersecurity defences are growing wider and organisational cyber resilience is becoming weaker. KordaMentha is proud to have contributed to the report's current edition which analysed a record 30,458 real-world security incidents between November 1, 2022, and October 31 2023. A third of these incidents were confirmed as breaches, occurring across 94 countries.

Among the annual report's most alarming findings is that vulnerability exploitation has almost tripled to 180% as the critical path to initiate a breach.