Local cybersecurity start-up Cybermate has launched Australia's first "affordable" cyber awareness and training app suitable for small and medium-sized enterprises (SMEs).
Dubbed a "Psybersecurity” app, Cybermate 2.0 turns the spotlight onto the human behavioural aspects of cyber risk, thus complementing traditional cybersecurity measures.
Greg Caleo, the chief executive officer of Cybermate, says the innovative new app responds to the escalating cyber threat landscape.
"In the face of cyberattacks that cost Australian businesses an estimated $29 billion per year, it's crucial to address the human element of cyber risk,” he adds. “Our goal with Cybermate 2.0 is to transform how we understand and manage cyber threats, by focusing on the behavioural risks."
Caleo notes that in an age where 85% of breaches involve a human element, Psybersecurity offers a fresh perspective on mitigating cyber risks. “Cybermate 2.0 specifically targets this issue, applying strategies to understand, predict, and reduce behaviours that may compromise security.”
In her report on 'Cyber Security Risks: A Global Review', cybersecurity expert Dr. Jane LeClair says that the human aspect of cybersecurity is often the weakest link.
“This makes solutions like Cybermate's Psybersecurity an essential part of any comprehensive cyber defence strategy,” adds Caleo.
Cybermate 2.0 has several new AI-powered features, such as daily dark web searches, additional personal email address protection, simulated smishing attacks, and an enhanced phishing training simulator.
These tools and a comprehensive reporting dashboard provide users with a complete overview of their cybersecurity status. Notably, the platform aligns with the latest government and insurance requirements, aiding businesses in cybersecurity compliance.
"Our Psybersecurity approach offers a significant reduction in cyber breaches resulting from human behavioural risks. By providing awareness training, simulated attacks, and real-time threat alerts, we help create a secure environment that can adapt to the rapidly changing cyber threat landscape,” claims Caleo.
With Cybermate 2.0, the company seeks to broaden the reach of Psybersecurity benefits, providing businesses with an effective tool to safeguard their systems while meeting compliance standards.
“The internet has made its way throughout the decades into our cities, homes, work and daily lives. Practically everything is connected to technology, and secure IT infrastructure is a known essential, but conventional cybersecurity does not meet the issue at the root. With 95% of breaches caused by human error, we have found that the weakest link in security will always be people,” says Caleo.
"In today's cyber threat landscape, human error continues to be a leading cause of security breaches. As many cybersecurity experts have noted, comprehensive cybersecurity training for employees is no longer a luxury but a necessity for businesses of all sizes. Cybermate 2.0 offers an innovative solution to this challenge, with its unique focus on addressing human behavioural risk in cybersecurity."
“As Australia navigates the increasingly complex digital world, the rise of Psybersecurity marks a significant step forward in cyber defence. By centring on the human element of cyber risk, Cybermate is making a substantial contribution to securing Australia's digital landscape and helping to achieve its goal of making Australia the cyber-safest country on Earth,” the CEO concludes.