Ransomware attacks strike Aussie businesses with cybercrime on the rise

Peter Dinham from iTWire writes that cybercrime has doubled in Australia in the past 12 months on the back of the emergence of the Internet of Things and virtual cloud environments, according to a new security report.

Consistent with the growing threat and security readiness and maturity within Australian businesses, the report found that executive involvement in cyber security initiatives had increased significantly in the past 12 months and most businesses were planning to increase their IT security spending.

More information: http://www.itwire.com/security/77466-ransomware-attacks-strike-aussie-businesses-with-cybercrime-on-the-rise.html