The Australian Cyber Security Centre's latest report reveals a rise in cyber crime costs, with steady ransomware and surging DDoS attacks.
The report states that cyber criminals have "relentlessly targeted Australians" over the last 12 months, with increasing frequency of ransomware attacks and data breaches.
Cyber criminals had "relentlessly targeted Australians" over the last 12 months, "with ransomware attacks and data breaches increasing in frequency" - Deputy Prime Minister and Minister for Defence Richard Marles.
According to Marles, cyber criminals used malware to harvest information, launching subsequent attacks and compromising corporate networks and accounts.
Author's summary: Rising cyber crime costs in Australia.