A cyber assault hit an Australian consumer each second in 2024, marking a staggering twelvefold improve from the earlier yr. This surge contributed to a world cybersecurity disaster, the place 5.6 billion accounts have been compromised worldwide, equating to 176 breaches per second, in keeping with Surfshark.
The worldwide whole represents a virtually eightfold surge from 2023 when solely 23 accounts have been compromised per second.
Australia’s information breach epidemic
Australia recorded 47 million information breaches final yr, up from 2023’s 4.1 million, making it the eleventh most affected nation worldwide, in keeping with Surfshark. On a per capita foundation, 1,785 Australian accounts have been breached per 1,000 residents, far exceeding New Zealand’s 779 per 1,000.
Surfshark, a cybersecurity agency, analysed assault information from 29,000 publicly obtainable databases to place collectively its 2024 information breach recap.
SEE: Phishing Emails in Australia Rise by 30%
“On a world scale, 285 accounts are breached per 100 individuals on common,” Emilija Kucinskaite, senior researcher at Surfshark, mentioned in a press launch. “Nevertheless, in Australia, this quantity goes as much as 732 per 100 individuals. Statistically talking, a median Australian has been affected by information breaches round 7 instances.”
A complete of 554.5 million private information belonging to Australians have been uncovered since 2004, consisting of e mail addresses, passwords, telephone numbers, bank card particulars, IP deal with, and different delicate data. On common, every e mail deal with was breached with three extra items of delicate information.
Certainly, during the last decade, 192.5 million Australian consumer accounts throughout completely different platforms have been compromised, and 106.9 million of those have been accompanied with passwords. This put 56% of breached customers in peril of account takeover, Surfshark discovered, probably leading to id theft, extortion, and different cyber crimes. The uncovered consumer accounts additionally consisted of 49 million distinctive Australian e mail addresses.
A expensive and rising menace
In 2024, the common price of an information breach in Australia reached a report excessive of AUD $4.26 million (USD $2.77 million), representing a 27% improve since 2020. This rise is attributed to:
- Extra phishing assaults
- Longer breach detection instances
- Growing cybersecurity abilities shortages
- The rising sophistication of cyber threats
Moreover, the Workplace of the Australian Info Commissioner discovered that the variety of notifiable information breaches within the first six months of 2024 (527) was 9% greater than the similar interval in 2023 and marked the most important quantity since 2020.
Main cyber assaults that hit Australia
A number of high-profile breaches contributed to record-breaking figures. In April, MediSecure, an digital prescriptions supplier, suffered a ransomware assault compromising the non-public and well being information of roughly 12.9 million Australians.
SEE: Nationwide Public Knowledge Breach: 134 Million Distinctive Emails Leaked
February noticed 122 million people affected by an information leak at B2B demand era firm DemandScience, which, in keeping with Surfshark, included 1.2 million Australians. Then, in Might, IT supplier Outabox suffered a breach affecting about a million patrons of New South Wales and Australian Capital Territory golf equipment.
The world’s largest compilation of passwords to be leaked on-line was additionally found final yr, containing 9,948,575,739 distinctive plaintext entries. The credentials have been found in a file named “rockyou2024.txt” that was posted on a preferred hacking discussion board on July 4, 2024.
Cybersecurity in 2024: a rising battlefield
The rising menace of cyber assaults is not an Australia-specific downside, with the barrier to entry for hackers being lowered by the accessibility of AI.
The highest 5 nations for breach quantity, from highest to lowest, are China, Russia, the U.S., France, and Germany. The highest three accounted for 46% of the world’s information breaches.
Consultants warn that with out important motion, publicity to cyber dangers will solely intensify in 2025.
