Deloitte luanches Cyber Intelligence Centre

compliance/united-states/

5 February 2015
| By Staff |
image
image
expand image

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.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

4 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

6 months 2 weeks ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

1 week 3 days ago

ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...

3 days 12 hours ago

ASIC has issued a warning to financial advisers to ensure they are complying with client consent requirements when entering into ongoing fee arrangements....

1 week 2 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
92.15 3 y p.a(%)
3