Our recent survey of Australian CISOs and CTOs provides valuable insights into the current state and future plans for account protection and cybersecurity measures. Here are the key findings:
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Multi-Factor Authentication (MFA) Adoption: 76.23% of Australian businesses use MFA, indicating a strong recognition of basic security needs.
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Bot Protection: Currently implemented by 39.34% of organizations, with an additional 34.65% planning to adopt it in the future.
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Bot Management Solutions: Cloudflare leads the market with 48.24% usage among respondents.
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Residential Proxy (Resip) Detection: Only 13.11% of organizations currently use this technology, but many plan to implement it soon to address this emerging threat.
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Credential Stuffing Concerns: Businesses are planning various measures to combat this persistent threat, including bot protection, MFA, and checking credentials against known breaches.
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Mobile Security Gap: Low adoption of Web Application and API Protection (WAAP) suggests potential vulnerabilities in mobile application security.
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Executive vs. Engineer Priorities: The survey revealed differences in cybersecurity priorities between these two groups, highlighting the need for a comprehensive approach.
These findings underscore the growing awareness of account protection challenges and the need for more robust, multi-layered security strategies in Australian businesses.
