Telstra Security Report 2018 highlights positive ‘shift in mindset’
Telstra’s latest report into cybersecurity has picked up on a ‘shift in mindset’ towards the issue, notably a move towards an ‘expectation of breach’ mentality.
Telstra Security Report 2018 also says that this has led to the organisations increasingly deploying security audits, risk assessments and compliance tools.
However, the study, which covered 13 countries and 1,250 professionals, found that ransomware attacks were on the rise and that 31% of Australian companies are experiencing breaches on a weekly basis. In total, around 55% of breaches go undetected.
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The report’s foreword, co-authored by Neil Campbell, Director of Global Security Solutions and Brian Lautenbach, Chief Information Security Officer for Asia Pacific, observed: “Criminals are increasingly using social engineering to hijack accounts and trick organisations into wiring large amounts of money into their accounts.
“These Business Email Compromise (BEC) attacks are among the highest security risks for IT departments in Australia with nearly a quarter of respondents saying their business has been targeted at least once a month. Government figures suggest BEC attacks cost Australian businesses more than $20mn in 2016.”
Australia is ahead in many of the areas studied when compared with Europe and other parts of the world covered by the report.
For instance, regarding the amount of time it takes to respond to breached, 28% of Australian firms reported they respond in minutes, compared to 22% for organisations in APAC and Europe.
The report also highlights an important awareness of the threats posed by cybercrime.
The executive summary said: “The good news is that the security industry is well aware of these threats. Business and governments are collaborating in areas such as intelligence sharing and offering many forms of support and information services.
“Our research shows 40% of global respondents, including 36% of Australian respondents, have implemented cyber-awareness programmes as part of their cyber preparation strategy.”
EDGEMATRIX and NTT DOCOMO deliver AI at the edge
Leading Japanese telecommunications firm NTT DOCOMO, together with startup EDGEMATRIX, is harnessing the power of 5G to support artificial intelligence-enabled video, real-time analytics and, ultimately, the next step in the evolution of the modern smart city.
Founded under the roof of Silicon Valley tech firm Cloudian, EDGEMATRIX has grown into a cutting edge startup based in Japan. NTT DOCOMO has been a shareholder in the company since 2019, having spent the past two years jointly developing and commercialising EDGEMATRIX's revolutionary edge-AI platform using high-speed, high-capacity, low-latency 5G technology. NTT DOCOMO, together with EDGEMATRIX, launched a world-first edge AI platform for intelligent video analytics, enabling high resolution, high security, and real-time video using AI.
Courtesy of EDGEMATRIX
The platform simplifies, manages and oversees the implementation and integration of AI at the edge, which captures, analyses and stores video close to where it is captured in industrial and retail settings, "on location at factories, buildings and other outdoor and indoor locations." The solution is also used in social infrastructure such as roads, railroads, and long-term care facilities for safety monitoring and anomaly detection.
Using Edge AI Box, a compact indoor and outdoor device equipped with a GPU for deep learning-based AI and a communication module (WiFi/LTE/5G) together with various interfaces such as camera connection, it becomes possible to process video streaming from surveillance cameras on-site (at the edge) and in real-time. EDGEMATRIX's Edge AI Boxes can be installed across a site and then monitored using the company's platform. The platform maps the locations of multiple Edge AI Box devices installed on site, monitors their operational status and enables the devices to be controlled remotely.
EDGEMATRIX's customers can use the platform to pruchase additional AI applications from a rapidly-expanding ecosystem which allow them to implement the right solution for the right situation. This simplifies the implementation and upgrade of edge AI for processing and storing video data captured with video cameras at customer premises either outdoor or indoor. Using "Edge View" feature, it is also possible to simultaneously display on the browser a large number of AI-processed real-time videos from the field.
Partnerships like this are key to NTT DOCOMO’s efforts to integrate 5G technologies into the modern enterprise.
Zaif Siddiqi, Executive Director and Global Head of NTT DOCOMO’s 5G & IoT Business Department, comments: “When you're approaching digital transformation, there's more to it than just leveraging cutting edge technologies into new customer experiences.” Unless the needs of the customer, and the underlying market forces at play, can be truly understood, “5G doesn’t mean anything,” he explains, adding that in order to find the right contexts for deployment, “Selection of the right partners is extremely important to delivering on the potential value of 5G.”