ShareSpace is a cloud based Content and Collaboration product that allows Government agencies to share and work on classified information, securely and compliantly. Earlier versions of ShareSpace have been implemented or trialed within a number of Australian Federal Government agencies with some implementations being accredited to enable the sharing of highly secure information within and between federal and international agencies.
archTIS CEO, Daniel Lai, stated “the exciting thing about partnering with Jindalee is that they have a track record of successfully guiding start-up technology focused companies through their early development years. They understand this market and the huge potential archTIS has to help transform the way business is conducted. Not only will archTIS gain the benefit of their experience but the Jindalee principals have also become investment partners as well. This external validation gives small companies like archTIS a huge boost in confidence.”
Jindalee established SC8 Ltd in 2016 as a technology focused cyber security operation leveraging the strategic alliance Jindalee has built with Edith Cowan University - Australia’s leading cyber research group. Jindalee has played a very active role in driving SC8 from a start-up to having maiden clients and revenues and a highly experienced and effective management team. Jindalee assisted the company in raising $5m in two tranches for SC8 since inception and remains actively involved as major shareholders and directors of the company.
Harry Karelis, Jindalee co-founder said: “Since meeting archTIS in early 2017 I have been impressed by their passion, vision and technical capabilities. Our ability to access domain experts to undertake technical due diligence differentiates Jindalee in the market place and provides us with an informed view of the robustness and significant potential of the ShareSpace platform. We look forward to working with Daniel and his team to make archTIS a true Australian success story."
Media contact: Debbie Tucek +61 2 6162 2783
Email fraud is nothing new, but online criminals have become ever more-effective at spoofing their identities to trick employees into sending them money. The Australian Centre for Cyber Security (ACSC) recorded losses of over $20M to business email compromise (BEC) attacks last year alone, up 230 percent over the previous year – and the full amount is certain to be much larger.
Cybersecurity Insights - Attack
No matter how robust your security, or how diligent your employees, network credentials are a free pass for cybercriminals. This is mostly because employees are relied upon for their own password management. And with more than 4.8 billion sets of stolen credentials said to be available online, odds are that at least a few of your employees’ user IDs and passwords are just waiting to be used by unscrupulous outsiders. Are you ready to stop them?
Cybersecurity Insights - People
Cyber resilience will be particularly important as Australian organisations face increased pressure to quickly detect, respond to, and manage the repercussions of breaches in the wake of 2018’s Notifiable Data Breaches (NDB) scheme.