McGrathNicol today announced the launch of FDetect, a new technology-enabled forensic investigations and risk profiling service developed in collaboration with leading technology and analytics startup, ResponSight.

A study conducted by the Ponemon Institute reports that it takes an average of 281 days to identify and contain a cyber breach in Australia, with the average cost of each incident being AU$3 million. According to AustCyber’s Cyber Security Sector Competitiveness Plan, there is also a shortage of cyber security professionals, with 2,600 vacancies in the field currently unfilled, and an anticipated 16,600 additional workers required by 2026.

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