Cybercrime , Fraud Management & Cybercrime

Examining What Went Wrong for Optus

Also: State of Code Security and Vista Equity Partners Bids for KnowBe4
Examining What Went Wrong for Optus

The latest edition of the ISMG Security Report discusses what went wrong for Optus in the wake of one of Australia's biggest data breach incidents, the state of code security today and the recent trend of private equity firms pursuing take-private deals.

In this report, you'll hear (click on player beneath image to listen):

  • ISMG's Jeremy Kirk explain how Optus, Australia's second-largest telecommunications company, suffered a massive knock to its reputation this week as it experienced one of the largest data breaches ever in the country's history;
  • Tom Kellerman of Contrast Security discuss what concerns him the most about the state of code security today and what organizations can do to secure software development and supply chains;
  • ISMG's Michael Novinson describe how Vista Equity Partners has joined Thoma Bravo in the take-private cybersecurity spree, offering to buy security awareness training behemoth KnowBe4.

The ISMG Security Report appears weekly on this and other ISMG websites. Don't miss the Sept. 15 and Sept. 22 editions, which respectively discuss Twitter's security nightmare and financial giant Morgan Stanley's failure to invest in proper oversight in hard drive destruction.

Theme music for the ISMG Security Report is by Ithaca Audio under a Creative Commons license.

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