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
Greater consistency across the ASIC adviser exam has helped boost the number of first-time candidates this year with many opting to sit before undertaking a Professional Year.
Financial advice practice Eureka Whittaker Macnaught is in the process of acquiring three firms to boost its annual revenue to $25 million.
AMP has partnered with Dimensional Fund Advisors and SouthPeak IM to launch a suite of investment solutions aimed at expanding retail access to traditionally institutional funds.
The Financial Advice Association Australia has appealed to licensees to urgently update their FAR records as hundreds of advisers are set to depart by the end of the year.
