Deloitte luanches Cyber Intelligence Centre



Deloitte has launched a Cyber Intelligence Centre in Australia under the leadership of the man who developed the concept, James Nunn-Price, amid what it describes as growing threats.
The new centre has been described as the Australasian arm of Deloitte's chain of Cyber Intelligence Centres.
Commenting on the launch, Deloitte Cyber Risk Services partner in Australia, Tommy Viljoen said the threat to Australia's cyber security was growing in severity.
"The average cost of a data breach per Australian organisation is more than $2.5 million a year and rising," he said.
"Given there is no legislation for breach notification in Australia and that most organisations are focussed on prevention as opposed to detection, there is significant under-reporting of cyber breaches in Australia."
The national Cyber Intelligence Centre will link in with Deloitte's existing Cyber Intelligence Centres in the UK, Europe, Canada and the United States.
Recommended for you
The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call.
Two national advice businesses have merged to form a leading holistic advice business with $2.5 billion in funds under management.
Insignia Financial has completed its transition of a range of administration and technology functions to SS&C Technologies as it seeks to be a leading wealth manager by 2030.
ASIC has permanently banned a financial adviser after he allegedly concealed information from clients and misused client funds, among other breaches.