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Market Narratives
The Australian Cybersecurity Landscape 2024: Navigating Traditional Threats and Emerging AI Challenges
Feb 21, 2025
The evolving cyber threat landscape continues to feature traditional risks like data security, phishing, and ransomware, alongside new challenges driven by AI adoption and third-party vulnerabilities.
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The evolving cyber threat landscape continues to feature traditional risks like data security, phishing, and ransomware, alongside new challenges driven by AI adoption and third-party vulnerabilities. Despite increasing investment in security awareness and testing, there are significant gaps in organisational maturity and AI governance, highlighting the need for a proactive, balanced approach to modern threats.
Core Insights
Threat evolution and cyber security focus
- Traditional threats like data security, phishing, and ransomware remain top concerns, but there is a growing focus on third-party risks and unpatched systems.
- State-sponsored threats have moved higher in priority, reflecting increased attention to advanced persistent threats and geopolitical risks.
AI security and governance challenges
- External developers are…