Cybersecurity is everything. Secure your future.

An effective and all-encompassing cybersecurity strategy is a mainstay of survival in a world under siege by highly motivated and sophisticated criminals. As the volume of cyberattacks accelerates year upon year, and new threats and attack tactics emerge, your approach to securing your future needs to develop and mature at the same pace – if not faster.

With global cybersecurity resource shortages, increasingly demanding government regulations, and a rapidly evolving threat landscape, staying safe and compliant are challenges you shouldn’t have to face alone.

What’s changing, and why?

First – what’s not going to change anytime soon?

Cybercrime is obviously not going to just ‘go away’. It’s now an accepted fact of life for all organisations globally, regardless of size or sector. In Deloitte’s Future of Cyber 2023 survey, 90% of respondents reported they’d experienced at least one cyber compromise.

So, what is changing?

The emphasis is now on not only diligently protecting your business and its data and systems, but also ensuring you have in place cybersecurity governance to specify an accountability framework, provide oversight of potential risks, and implement controls to ensure mitigation.

In simple terms, governance is the process of overseeing the cybersecurity teams tasked with mitigating business risks and ensuring that all organisational objectives and standards are met.

The National Institute for Standards and Technology (NIST) Cybersecurity Framework has long advocated five longstanding functions for an effective cybersecurity program: Identify, protect, detect, respond, and recover. In its first update in a decade, the NIST list has grown to six with the important addition of govern.

Governance (and the associated reporting) is also on the mind of the Australian Government as it looks to international standards and frameworks like NIST and ISO 27001 as best practice for businesses and organisations of all sizes.

Failure to take the necessary steps to include governance in your cybersecurity strategy will undoubtedly attract negative attention and penalties from customers, stakeholders and legislators alike should you experience a data breach.

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Emerging and prevalent threats to your environment

Ransomware remains one of the most prevalent and dangerous threats to businesses.

According to CIO.com, ransomware accounts for 10% of all breaches, the average cost of an attack is close to $2 million – and a significant attack will occur once every two seconds by 2031.

Other leading threats include using social engineering tactics to obtain employee data and credentials (75% of these attacks start with an email), malware, third-party exposure where hackers access your network through that of a supplier or someone else with privileged access, poor cyber hygiene (think passwords on sticky notes, recycled/low-grade passwords, and no two-factor authentication, and unpatched device, cloud, or application vulnerabilities.

And the list goes on. But what’s truly important is what you can do about it.

the average cost of an attack is close to $2 million

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What do you need to cybersecure your business?

Unless you entirely manage your cybersecurity in-house, your choice of partner is critical to your ability to comply with governance requirements – let alone the other functions essential to protect your business and customers effectively. ISO 27001 certification should be your minimum expectation of a managed services partner, as well as a range of robust, proven solutions and services designed to cybersecure your business.

We offer cybersecurity services to supplement and support your internal team and capabilities, or depending on your risk profile and requirements, deliver end-to-end 24/7 outsourced security operations. And naturally, we’re ISO 27001 certified.