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
Money Management examines the share price of financial advice licensees over one year to 31 March, with M&A actions in the final quarter having a positive effect for two licensees.
A $3.5 million settlement for victims of Melissa Caddick has been approved by the Federal Court following an initial agreement last December.
The Reserve Bank of Australia has delivered its first rate decision since the introduction of a new board structure last month.
Digital advice provider Otivo has launched an interactive tool, powered by artificial intelligence and Otivo’s own advice engine, to help answer client questions.