SYDNEY – 4 December 2017 – Tech Data (NASDAQ: TECD) today announced that it has entered into a distribution agreement with CyberPower Systems, a global leader in uninterruptable power supply (UPS) protection and management products. This agreement adds to the existing relationships between Tech Data and CyberPower Systems in the United States and Vietnam, enabling Tech Data to provide Australian partners with CyberPower Systems’ complete portfolio. The CyberPower Systems portfolio includes UPS battery backup solutions from 600VA to 900KVA, surge protection and power accessories, a vast array of power distribution units (ePDU) and a complete line-up of rack enclosures ranging in size from 6RU to 48RU.
“We are excited to add CyberPower’s total power protection and management offerings to our portfolio,” said Wendy O’Keeffe, country general manager, Australia and New Zealand at Tech Data. “Not only are they one of the fastest-growing power management vendor in the region, but they are continually investing in product development, emerging markets and local resources. We recognise that, through enabling this channel, we can provide our partners the opportunity to deliver greater value, such as turnkey solutions, to their customers which then deliver genuine value-add to our entire partner ecosystem.”
“This new partnership with Tech Data in Australia will complement our global relationship and enhance our position in the local market,” said Brad Andrews, general manager, CyberPower Systems Oceania. “We are currently seeing unprecedented growth across our Oceanic business and have quadrupled our product portfolio over the last six months. With Tech Data’s specialised skill sets and world-class execution, they will enable channel partners to take full advantage of our range of racks, over 100 power distribution unit models and three-phase power systems for data centres to meet the growing power needs of the technology market.”
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.