Information and Data Security

Without a doubt, the most crucial asset of any business, aside from staff, is data. From your business data, you’re able to craft information and business insight. Information Data Security is vital to the success of a business.

Making sure this data is secure, and remains so, is a constant challenge in today’s climate. Governments and other lawmakers have finally caught up with technology revealing new regulations on Australian businesses.

Information and data security is now a boardroom conversation.

The days of the wild-west are back – in a sense. Instead of Gold and precious gems, the rush is on for contact details and information.

This rush isn’t reserved for the bad guys either. Businesses and marketers are desperate for your data to build ever-growing profiles. Intricate profiles of your habits, all of them, get built, stored and then used to craft campaigns designed to target you!

Ensuring the data your business collects and stores stays secure is now a boardroom conversation. It can no longer be delegated to the IT dept.

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Ransomware Recover Time

THE DANGER IS REAL AND PRESENT

Symantec reported that in August 2014 crypto-style malware increased in presence 700%.

“The year 2014 may well go down in the history books as the year that extortion attacks went mainstream.” -Brian Krebs, security journalist

Australians as a whole have long had a mentality of threat-isolation. We’ve become complacent, save in the thought we’re protected by our boundaries. Unfortunately, when it comes to cyber-crime and information data security, our borders no longer exist.

The bad guys are after your business information, customer data and Intellectual Property. The efforts and lengths they are going to in order to get it are impressive and effective. Businesses need to realise that big spending alone does not always mean solid information data security.

A WINNING STRATEGY

Build Cyber-Security on a Strong Foundation
Rome wasn’t built in a day. Habits cannot be unlearnt overnight. Cyber-security and information data security is exactly that, a habit. Establish a strong base of security with your staff and processes to build on.
Undertake Extreme Pressure Testing
Processes, angles, opportunities and motivations are always changing for the cyber-criminal element. After establishing a solid security plan, you cannot stop there. Undergoing pressure testing often to identify vulnerabilities is vital.
Invest In Breakthrough Innovation
In the information data security space, don’t be afraid to go to the bleeding edge. With the speed and ferociousness of the threat, this is often where the best solutions are.
Install a Human Firewall
Staggeringly, over 90% of all successful data breaches begin as a Malware attack. Your staff are, without a doubt, your biggest security risk. The solution to this is clear. Educate and train your staff – they are after all the last line of defence from zero-day attacks. Implementing the Cerberus: Security and Awareness training program your staff will have security top of mind.

AUSTRALIA IS A PRIME TARGET

Australia is traditionally an isolated place – war, famine and major tragic events happen here much less than they do in other areas of the world. This often leads us to a place of complacency, the “she’ll be right” attitude that’s become famously Australian. Cyber-criminals have clearly noticed. Between 2016 and 2017, the cost to Australian business due to attacks has risen from $4.3 million to $5.41 million – that’s a 25.8% increase in 12 months!

MALWARE IS THE BIGGEST THREAT

Not only does Malware make up 23% of cyber-attacks to Australian businesses, it also comes in as the most costly at an average cost of $1.57 million USD per year. Due to the evolutionary, agile nature of Malware and its effectiveness, battling it using data and application layer security systems is difficult and hard to determine success.

Global Average Cost Of Cyber-Crime (mil)

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