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Adopting new cyber measures a key priority for businesses as cyber threat concerns grow

Concerns regarding the growing cyber threat continue to rise despite organisations working hard to secure themselves with additional security measures, according to a new survey.

user icon Daniel Croft
Tue, 24 Oct 2023
Adopting new cyber measures a key priority for businesses as cyber threat concerns grow
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Surveying over 5,500 physical security leaders globally, leading unified security and business intelligence organisation Genetec has found that securing systems from cyber threats is a key focus for many businesses.

A report released by Genetec has found that 42 per cent of organisations in Australia and around the globe are engaging new measures and adopting additional cyber security tools in their security environments, a dramatic increase over the last year’s 29 per cent.

Additionally, 42 per cent of end-user respondents based in the Asia-Pacific region have said that a major focus for their department is the adoption of cyber-related tools, a jump from the global average of 33 per cent.

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“It is reassuring to see growing awareness of the cyber security of physical security systems,” said Mathieu Chevalier, principal security architect at Genetec.

“As more organisations look to implement enhanced cyber security measures, they need to look for manufacturers who are committed to cyber security and building tools that help them streamline the maintenance and updates of their systems.”

The increased focus on adopting cyber security tools in the Asia-Pacific region makes sense, with the region facing an increased number of identified vulnerabilities (50 per cent compared to 36 per cent globally).

It’s not just the Asia-Pacific region facing threats and looking to bolster its security. Almost a third (31 per cent) of all end-user respondents worldwide said that their organisation had been targeted by cyber criminals in 2023. Seventy-six per cent of respondents were in the national security and intelligence sector, 46 per cent were banking-and-finance-based, and 21 per cent were in the retail sector.

Additionally, 36 per cent of respondents named cyber security vulnerabilities as a key issue facing their business in 2023.

This trend was particularly prominent in the healthcare centre, with 43 per cent naming vulnerabilities as a critical challenge, unsurprising considering the number of high-profile cyber attacks on major healthcare institutions, as well as the major life or death consequences that can come with a cyber attack on a hospital or healthcare institution.

For additional information on Genetec and its advice on how to best stay cyber resilient, head to the company website here.

Daniel Croft

Daniel Croft

Born in the heart of Western Sydney, Daniel Croft is a passionate journalist with an understanding for and experience writing in the technology space. Having studied at Macquarie University, he joined Momentum Media in 2022, writing across a number of publications including Australian Aviation, Cyber Security Connect and Defence Connect. Outside of writing, Daniel has a keen interest in music, and spends his time playing in bands around Sydney.

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