Endpoint Security
The Australian Cyber Security Centre’s (ACSC) annual cyber threat report for July 2023 to June 2024 underscores the significance of endpoint security in a strong cybersecurity posture. The report highlights a concerning trend of attackers targeting endpoints as an entry point to networks, with attacks including ransomware, malware, and phishing. Additionally, the ACSC notes that these attacks can have serious consequences, such as data breaches, financial loss, and reputational damage. It is imperative that businesses take proactive measures to protect their endpoints and prevent cyber threats from infiltrating their networks.
The report also highlights the following key findings and statistics:
- The ACSC responded to 1100 cybersecurity incidents in the past year.
- Ransomware attacks were a major concern, with the ACSC responding to over 121 incidents (FY23/24), compared to 118 incidents (FY22/23) the previous year.
- Malware remained a common threat, with the ACSC observing 17% of the 143 incidents that impacted critical infrastructure were from malware.
- Phishing remained a major threat in 2023–24, driving many of the 87,000+ cybercrime reports. It was a key tactic behind identity fraud (26% of individual reports) and business email compromise (20% of business reports).
- The average self-reported cost of cybercrime per business report fell 8% overall in 2023–24, with small businesses up 8% to $49,600, medium businesses down 35% to $62,800, and large businesses down 11% to $63,600.
At Think Solutions, we understand the seriousness of these threats, and as a result, we place a great emphasis on protecting our clients’ networks. That’s why we offer a range of advanced endpoint security services, which are meticulously designed to detect and prevent attacks before they can cause damage. Our solutions are customised to meet the unique needs of each client, and we continuously update them to stay ahead of emerging threats. With our expertise and advanced technologies, we provide our clients with peace of mind and enable them to focus on their core business activities without having to worry about cybersecurity concerns.
Frequency of Cybercrime reports
The fiscal year 2023–24 saw a continued high volume of cybercrime reports submitted through ReportCyber, with over 87,400 incidents reported, reflecting a slight 7% decrease from the previous year. On average, a cybercrime report was lodged every 6 minutes, consistent with the prior year. These figures underscore the persistent nature of cyber threats and the ongoing need for proactive cyber security measures.
Why Think Solutions?
Think Solutions empowers businesses to stay ahead of the ever-evolving threat landscape by partnering with us for endpoint security. Our team of cybersecurity experts is constantly monitoring the latest threats and vulnerabilities to ensure our clients have access to the most current and effective security technologies and techniques available. In addition, we have partnered with Sentinel One, a leading provider of endpoint security solutions, who offer a range of ‘Threat Response’ or ‘Threat Hunting’ solutions that can be customised to suit our clients’ budget and cybersecurity approach. By working together, we provide our clients with the most advanced and comprehensive endpoint security services available.
Managed Detection & Response: 24x7x365 Threat Analysis & Containment, Escalation When Necessary
Digital Forensics & Incident Response (DFIR): Forensic Investigation, Malware Analysis, and In-House Incident Response
Active Campaign Threat Hunting & Intelligence Reporting: Hunting for Today’s Most Prolific Threat Actors, Crimeware, and Campaigns
Customised Threat Hunting & Compromise Assessment: Comprehensive Hunting for All: Current & Historical Threats, Indicators of Attack, and Risky Security Practices
Our Key Strategic Partner
