​The great Australian IT security spend: More brawn than brains?

​A recent IDC FutureScape report examining the implications of IT security in AP claims Australia is the most spendthrift nation, even up against China, when it comes to spending on IT security. Most of this spend goes into security software, as one might expect as security appliances become virtualised and cloud services mature, yet Australia still had more than its fair share of high-profile attacks.

Michael Lee | 09 Feb | Read more

The week in security: Warnings on open-source spinoffs, US-Europe privacy compromise

The average successful hack gains attackers less than $US15,000 ($A20,600), a recent Ponemon Institute study has found. Yet that may still be enough to lure attackers who are proving adept at navigating “confusing” industry messages on endpoint security, believes one security specialist who argues that the result is hampering companies' ability to shore up privileged-account security.

David Braue | 09 Feb | Read more

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