Malicious hacking surpassed accidental data or device loss as the leading cause of data breaches in the first half of this year. Australia is the worlds second most-frequent target of business email compromise (BEC) attacks. CFOs were the most popular targets of BEC attacks (named in 18.89 percent of attacks), with finance directors (7.45 percent), finance managers (6.37 percent), and finance controllers also regularly targeted. The report’s authors recommend a multilayered defence strategy with virtual patching and high-fidelity machine learning providing additional protection.”]

