The cost of a cyber incident can be enormous. Beyond the costs associated with the technical investigation for determining the cause of the cyber incident, organisations will also have to fork out money for securing ICT infrastructure and making cyber security improvements. And the costs don’t stop there, with many indirect or flow-on costs
Increased use of technology is a key source of competitive advantage, but it is also a key driver of cyber risk. An organisation that hesitates to protect its information assets will likely fall behind its competitors. However, those organisations that find better ways to manage cyber risk can power performance and increase competitiveness through
Australia will have a mandatory data breach notification regime within the next 12 months after the legislation passed parliament in February 2017. This was the third attempt by the Government to implement a system for entities holding personal information to notify the Office of the Australian Information Commissioner (OAIC) and customers if they have
In 2012, Robert Mueller, FBI Director famously said that he was “convinced that there are only two types of companies: those that have been hacked and those that will be.” The statement’s relevance in 2017 is evident – it is inevitable that your organisation will experience a cyber incident, however the focus has shifted.
Within the rapidly globalising and integrated global community, the evolution and rationalisation of technology has presented the real and present danger of cyber-attacks, creating a threat environment for all businesses. With malware becoming more sophisticated and capable of outsmarting traditional anti-virus technologies, business must prioritise cybersecurity and form an enterprise culture of digital awareness,