Centacare Catholic Family Services is a non-profit offering a range of services committed to enhancing people’s quality of life across Australia. Their programs include domestic and family violence, homelessness, registered training, NDIS and carer supports, children’s services, family and relationship supports and health, wellbeing and education.
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The Growing Importance of Data Privacy for Queensland NFPs
Every hour, 10 cyber-crime reports are received by the Australian Cyber Security Centre (ACSC) – and nonprofits are not exempted from these attacks:
- Over 70 charities were affected by last year’s data breach on Pareto Phone, a firm that collects donations from nonprofit supporters. Credit card and other personal information of at least 50,000 individuals were published on the dark web.
- Attackers targeted children’s charity The Smith Family, exposing around 80,000 details – including names, addresses, phone numbers, email addresses, donation records, and the first and last four digits of credit or debit cards.
- A cyber incident also happened at the not-for-profit (NFP) provider of health and aged care services, St. Vincent’s Health Australia, with 4.3 gigabytes of data reportedly stolen from their network.
Why Cyber-Attacks on NFPs are Rising
At least three reasons are behind the increasing cyber incidents experienced by NFPs:
- More and more nonprofits are embracing digitisation and automation. This trend is expected to increase their exposure to cyber risk.
- NFPs are easy targets because cyber criminals assume that they lack sufficient cyber security resources and expertise.
- Many nonprofit organisations handle sensitive information, which are attractive to cybercriminals.
Donor data and client records represent goodwill and trust. For donors, it’s a testament to their belief in the mission of the NFP. For clients, these records represent their personal journeys, often shared in confidence. As data custodians, nonprofits must keep fortifying their digital defences.
Data Privacy Regulations
The Australian Charities and Not-for-profits Commission (ACNC) emphasises the legal obligation for nonprofits to comply with requirements concerning people’s information and data, as outlined in the Privacy Act 1988.
The Privacy Act 1988
Nonprofits in Queensland may be subject to the Privacy Act 1988 if they collect and store people’s information and data, or their annual turnover exceeds $3 million, or if a nonprofit opts in, or in certain other circumstances as described in our article Understanding the Privacy Act Review: Its Impact on Nonprofits, Medical, and Education Sectors.
Here’s how they are to comply:
- Develop a Privacy Policy that outlines how the organisation collects, stores, and uses people’s information and data
- Manage information and data in accordance with all legal and ethical responsibilities
- Implement security measures for storing personal information
- Obtain consent when collecting sensitive and health information
- Inform individuals about the collection of their personal information and its purpose
A good rule of thumb is to consider that all privacy laws apply to your organisation, especially following the recent updates. Data privacy compliance can also:
- Build trust with donors, supporters, and members
- Ensure that a nonprofit meets their legal obligations
- Improve the reputation and community support to an NFP
Health Services Act 1991 (Qld)
For nonprofits in the health sector, the Health Services Act 1991 (Qld) provides the framework for the organisation, management, and delivery of health services in Queensland.
The Act prohibits health staff from disclosing confidential information about a person who is receiving, or who has received, a public sector health service if the person could be identified from the information.
It’s important for health organisations to understand these provisions and ensure they are complying with them. Non-compliance could lead to legal consequences and damage to the organisation’s reputation, so it is best to consult with a compliance professional and stay updated with any changes to the Act.
Data Breach Risks Faced by Nonprofits
Data breaches are a constant threat to nonprofit organisations with consequences potentially undermining their mission. They’re facing digital risks as well as personal, financial, and reputational.
Immediate Risks
When sensitive information is compromised, it can lead to identity theft, financial loss, and fraud. For instance, the Pareto Phone breach highlights the vulnerability of nonprofits to cyber-attacks and the importance of strong cyber security measures.
Damaged Trust
The ramifications are not limited to the immediate financial impact. They can erode the hard-earned trust between nonprofits and their supporters, potentially leading to a decline in donations and volunteer engagement.
Harm to Reputation
The reputational damage can be long-lasting and more costly than the initial data loss. The risks also include legal consequences, especially with the mandatory data breach notification schemes in Queensland.
Far-reaching Impact
A breach on one organisation can affect individuals, but it can also lead to a loss of confidence in the nonprofit sector. NFPs thus need more stringent data protection and compliance practices.
What NFPs can Do for Data Protection
Just like any other sector, Nonprofits must invest in cyber security, educate their staff and volunteers about cyber threats, and establish clear protocols for data management and breach response.
Here are some best practices for data security and privacy you can quickly implement:
- Multi-factor authentication (MFA), as a barrier against unauthorised access
- Regularly updating your systems, which is a key to cyber resilience
- Maintaining backups, which can be your lifeline in case of a disaster
It can be critical for nonprofit organisations to implement data management protocols and prepare for potential breaches with clear response strategies. Every NFP must have clear procedures for a rapid breach response, transparent communication, remediation steps, and an IT disaster recovery plan.
The Importance of NFP-specific Cyber Security Expertise
NFPs have to level up their cyber security expertise, now more than ever before. One way to do it is via a cyber security services provider with significant experience in the Not-For-Profit sector.
ADITS have been supporting NFPs for a number of years as we align with your values of community impact and positive change. We are committed to empowering your organisation to advance your mission with technology operating seamlessly behind the scenes.
Why is it important to have IT and cyber security services that are specially designed for nonprofits?
- Customised Solutions: Nonprofits have distinct needs and missions. When IT services are customised and technology aligned with their specific goals, NFPs are enabled to create a stronger impact efficiently.
- Proactive Monitoring: With dedicated monitoring of systems and software, potential issues in the sector can be detected early, minimising disruptions, and maintaining operational continuity for nonprofits.
- Cyber Security: Protecting sensitive data should be a top priority for any NFP. Tailored cyber security measures will safeguard your mission against increasing cyber threats, ensuring trust, and compliance.
- Strategic Support: Access to experienced IT professionals who understand the nonprofit sector can simplify technology management and reduce costs, allowing organisations to focus on their core mission without tech-related distractions.
In essence, specialised IT and cyber security services will empower you to navigate the complexities of technology with confidence, ensuring donor data security for non-profits and that you remain focused on making the world a better place.
Did you know ADITS can help you with your application for discounted Microsoft licences too? Simply book a consultation and we’ll guide you through the process.
Cyber Security and Data Privacy for the NFP Sector
Board members have an obligation to protect donor and volunteer data, but we understand that not everyone on the board needs to be tech-savvy. Staying up-to-date with the state of cyber security in Australia, understanding your liabilities, and distinguishing between security and compliance can feel overwhelming. At ADITS, we’re here to support organisations in Brisbane, Townsville, and across Queensland with tailored guidance to navigate these complexities confidently.
As it is your role as a board member to instil a cyber security and data privacy culture from the top throughout your organisation, enquire about our tailored cyber security training to receive the knowledge that will make you confidently lead your organisation:
Mastering the Types of Disaster Recovery Solutions
If you are running a business in Queensland, then you are no stranger to natural disasters. On average, 11 cyclones hit Australia each year, four of them passing through the state.
But cyclones are not all we’re experiencing – flooding, thunderstorms, bushfires, heatwaves are common. The last few years we also went through a pandemic and a volcanic eruption in the pacific that triggered tsunami warnings for the Australian East coast line.
Any of those events can cause business disruption, as could cyber incidents, hardware failures, and user error.
Because there is no good time to expect a disaster, you must always be prepared!
The Importance of Business Disaster Recovery
To safeguard your business against unexpected disruptions, you need a Business Disaster Recovery (BDR) strategy – your lifeboat in case of a disaster.
Business Continuity, Disaster Recovery, and IT Resilience
Let’s clarify these terms before diving any deeper.
Business continuity is about ensuring your business can continue to run during and after a disaster. It is the overarching concept to disaster recovery, which focuses on restoring your IT systems and data after a disaster. Meanwhile, IT resilience is the ability to adapt and recover quickly from any disruption.
If your business was a ship, IT resilience would include the strength of your ship’s materials, the skills of your crew, and the effectiveness of your maintenance. But those could be overcome by a disaster, so you need to know what to do when it hits.
Business continuity is your plan for keeping your ship’s essential operations going. This could involve moving passengers to safer parts of the ship or using buckets to remove the infiltrated water. In your business, this might mean switching to backup systems or working from a secondary location after a disaster.
Disaster recovery is like your emergency measures if the ship starts to sink. It can include lifeboats and emergency signals or, in real terms, backups of your data or systems that you can restore after a cyber-attack or a hardware failure.
Why You Need a BDR Strategy
A disaster recovery plan for Brisbane and Townsville businesses is a safety net that can enable them to keep operating under adverse conditions. This is crucial if you want:
- Less downtime: A disaster can force you to cease operations temporarily. Your goal is to reduce the pause period and resume ASAP.
- Data protection: Implementing data backup and recovery policies can protect your business data against loss or corruption.
- Reduced financial losses: Data loss or extended downtime can lead to significant losses. Mitigating these risks can prevent your business from losing money.
- Customer trust: Quickly recovering from a disaster can demonstrate reliability and help maintain trust and loyalty.
- Regulatory compliance: Many industries have regulations requiring businesses to have BDR plans in place to protect sensitive data.
- Peace of mind: Knowing there’s a plan in place to handle disasters can provide business owners and stakeholders with peace of mind.
Types of Disaster Recovery Solutions
There are three common types of disaster recovery solutions.
1. Cloud-based Solutions
Cloud-based BDR solutions do not rely on physical servers, the recovery infrastructure is hosted in the cloud. use remote servers. You can access your data from anywhere and at any time.
These solutions are cost-effective (you only pay for what you use) and offer high flexibility and reliability.
2. On-premises Solutions
On-premises disaster recovery involves maintaining backup systems and servers at your business location. You have total control over this setup, but it may require having extra hardware and servers on-site. This can make it costly and lack scalability. For example, you might need duplicated servers that take over if the main servers fail, ensuring the business can still operate.
3. Hybrid Solutions
These combine the best of both worlds, using both cloud and on-premises solutions for optimal flexibility and security. It involves maintaining backup systems on-site and replicating critical systems and data to the cloud.
There are several scenarios where a company might need both a cloud-based and on-premise backup solution such as when a business operates in a hybrid environment, a regulatory compliance, a cost consideration or even for enhanced redundancy.
RTO and RPO: Measuring the Success of Your Disaster Recovery Strategy
Two key metrics in disaster recovery planning are Recovery Time Objective (RTO) and Recovery Point Objective (RPO).
RTO is the maximum time your business can afford to be down after a disaster. Restoring operations within your RTO can help avoid unacceptable losses or harm to your business.
RPO is the maximum amount of data loss you can afford from a disaster. It is the estimated time between the data loss incident and the last available valid backup. If the RPO is unmet, your business could also suffer significant data loss and disruption.
It’s important to note that RTO and RPO are closely related but distinct metrics. Together, these metrics help organisations establish realistic goals and priorities for their disaster recovery efforts.
When planning for disaster recovery, organisations should aim to balance RTO and RPO requirements with the available resources, technology capabilities, and business needs. By defining clear RTO and RPO objectives, organisations can develop effective disaster recovery strategies, implement appropriate backup and recovery solutions, and minimise the impact of potential disruptions on business operations.
Why Data Security and Compliance Matter
BDR solutions play a vital role in helping organisations comply with industry regulations and standards by ensuring the protection, availability, and integrity of their data, facilitating business continuity and disaster recovery planning, and providing auditability and reporting capabilities. By implementing robust BDR strategies, organisations can enhance their regulatory compliance posture and mitigate the risk of non-compliance-related penalties and fines.
For these reasons, regular compliance audits and updates to security protocols are part of many DRPs.
Implementing IT Disaster Recovery Solutions
Disaster recovery planning isn’t just about surviving the next cyclone. It’s about ensuring your business can weather any disaster.
IT disaster recovery services and IT business continuity services can help you:
- Identify your critical IT systems
- Assess the threats to your systems
- Develop an IT recovery plan
- Update your DRP as your business grows
- Test your plan regularly to make sure it works
At ADITS, we partner with Datto for our clients Microsoft 365 backup and Acronis for their on-premise workload.
Don’t wait until it’s too late, contact ADITS and let’s chat about the requirements of your environment and your industry obligations.
ADITS, Named Top Managed Service Provider in Australia by Cloudtango in the 2024 MSP AU Select Awards
Cloudtango has ranked ADITS as the 14th best-rated IT Managed Service Provider (MSP) in its list of Top 50 MSPs in Australia for 2024, out of thousands of MSPs across the country.
Cloudtango, the world’s largest MSP directory, bases its annual awards on performance indicators including customer satisfaction, growth trends, and technical certifications.
This recognition is a testament to the hard work and dedication of the ADITS team, who strive daily to excel for their customers and the business community.
Congratulations to the team—this achievement is for you.
What is MSP Select Australia?
MSP Select Australia is an annual recognition by Cloudtango that honours the most successful Managed Services Providers (MSPs) in Australia.
In 2024, the technical analysis was based on business growth, customer satisfaction and services offering.
We’re incredibly thankful for our customers’ feedback and honoured to be selected!
“By being selected, ADITS demonstrated an excellent track record delivering innovative IT services and cloud solutions while exceeding customer expectations.”
– Cloudtango
The ROI of Managed Security Services: How Investing in Cyber Security Pays Off
You are aware of the risks posed by cyber threats to your business. You know the potential devastation a cyber attack can cause. You’re convinced that cyber security measures can protect you against cyber threats. But how do you know it’s working?
Let’s delve into the tangible benefits of managed security services (MSS), demystify the return on investment (ROI) calculation, and guide you toward making informed choices for your cyber security strategy.
Ready? Click any topic below or simply read on:
- Understanding the Cost of Cyber Attacks
- Calculating the ROI
- Your Gains from Investment: The Hidden Savings
- Quantifiable Metrics for ROI Evaluation
- Selecting Your MSS Provider
- Managed Security Services: An Investment, Not an Expense
Understanding the Cost of Cyber Attacks
Before we explore the ROI, let’s tackle the cost of cyber-attacks. Beyond the immediate financial hit, cyber incidents disrupt operations, erode customer trust, and tarnish reputations.
From legal fees and regulatory fines to lost productivity and brand damage, the impact is far-reaching. But what if there were a way to mitigate these risks and turn the tide in your favour?
Calculating the ROI
ROI is the litmus test for any business investment. The simple financial equation is:
ROI = (Gain from investment – Cost of investment) / Cost of investment
Gains from investment includes cost savings from avoided breaches, reduced downtime, and streamlined operations, while Cost of Investment is the price of your MSS solution.
Your Gains from Investment: The Hidden Savings
When evaluating your ROI, you need to consider the following scenarios.
Avoided Breaches
Every thwarted cyber-attack translates to saved dollars. In Australia the cost of a data breach has significantly grown since 2018, now reaching AUD $4.03 million according to IBM’s report.
MSS providers fortify your defences, minimising the chances of a breach. Imagine the financial relief when you sidestep a costly incident.
Reduced Downtime
Downtime is the nemesis of productivity. With MSS, rapid incident response and proactive threat hunting keep your systems running. The longer your business stays operational, the greater the ROI.
Staffing Cost Savings
Outsourcing security tasks to a third-party provider trims your payroll. Instead of maintaining an in-house security team, you can redirect those funds to growth initiatives.
Enhanced Productivity and Business Continuity
Your staff can channel their energy into strategic endeavours rather than firefighting and monitoring. The ripple effect? Enhanced productivity and a smoother operational flow.
A Managed Security Provider can also help to ensure your business stays compliant with laws and regulations. Reducing your risks of attacks and hefty fines.
Peace of Mind
It could prove difficult to pin a price on this one. When your systems are secure, your team can focus on what matters — innovation, client service, and growth. Imagine the peace of mind knowing that your data is shielded, your operations are resilient, and your reputation remains intact.
Quantifiable Metrics for ROI Evaluation
How do you measure the success of your investment? To gauge the effectiveness of your MSS investment, you can track the key metrics below.
Incident Response Time
How swiftly does your provider react to threats? A rapid response is critical to minimising the impact of security incidents. The shorter the response time, the faster threats can be contained and mitigated.
Metrics to track:
- Time to Detection: How quickly the MSS detects an incident after it occurs.
- Time to Notification: The time taken to notify your organisation about the incident.
- Time to Containment: The duration from detection to isolating or stopping the threat.
You could compare your provider’s response time against industry standards or best practices.
Dwell Time
How long do threats linger undetected? Longer dwell times increase the risk of data breaches and allow attackers to move laterally within your network.
Metrics to monitor:
- Average Dwell Time: Calculate the average time threats persist before detection.
- Maximum Dwell Time: Identify the longest duration a threat remained undetected.
You can implement proactive monitoring and threat hunting to reduce dwell time.
Mean Time to Recovery (MTTR)
How quickly can you bounce back from a cyber incident? Reducing MTTR minimises business disruption and financial losses.
Recovery components:
- Detection to Recovery: The time from identifying an incident to restoring normal operations.
- Investigation and Remediation: The duration spent investigating, analysing, and applying fixes.
You can benchmark your MTTR against industry averages or your own historical data.
The above metrics provide a tangible yardstick for evaluating ROI. Remember, it’s not just about dollars saved; it’s about resilience gained.
Selecting Your MSS Provider
Selecting the right MSS partner is critical, whether you’re in Queensland or elsewhere in Australia. Overall, you must look for:
- Local Expertise: Cyber security services in Brisbane and Townsville should understand the unique challenges faced by Queensland organisations.
- Custom Solutions: One size doesn’t fit all. Seek providers who tailor their offerings to your specific needs and industry.
- Proven Track Record: Investigate their success stories. Have they safeguarded businesses like yours?
Managed Security Services: An Investment, Not an Expense
When you consider cyber security solutions, keep in mind that MSS isn’t an expense but an investment. For every investment, boards and business officials need to consider a variety of factors. This is what we go through during our half-day training session.
Board members and executives can feel empower to protect their organisation effectively with this tailored training program aiming at:
- Understanding the gap between current efforts and where your organisation needs to be
- Discharging your responsibility
- Knowing how to grow a cyber skilled workforce
- Meeting current and future regulation and legislation
Register today for our Board & Executive level Cyber Security training. Let’s turn the tables on cyber threats and build a resilient future together!
Why Your Managed IT Solutions Should Be Tailored to Your Industry
Why do tailors take your body measurements when you come in to have a suit or a dress custom made? To make sure that your new garments will fit perfectly, that it won’t be too tight or too loose, too long or too short.
It’s the same thing with Managed IT Solutions. You want them to match your specific business needs, and these are often driven by the industry you’re in.
Why is it important to have Managed IT Solutions that are tailored to your industry? And how can you achieve that? Read on to learn more about:
- Industry-Specific Technology Needs
- Benefits of Tailored Managed IT Solutions
- Key Considerations for Tailoring Managed IT Solutions
- Investing in Tailored Managed IT Solutions
Industry-Specific Technology Needs
Different industries have different IT needs depending on their nature, size, regulations, and customers. Here are some examples:
Industry | IT Needs | Description |
Non-Profits | Donor Management Software | Streamline donor acquisition, communication, and tracking of donations |
Volunteer Management Tools | Manage volunteer recruitment, scheduling, and communication | |
Grant Management Systems | Securely track grant applications, approvals, and reporting | |
Content Management Systems (CMS) for Fundraising | Build and maintain user-friendly websites for fundraising campaigns and information sharing | |
Medical/ Healthcare Services | Electronic Health Records (EHR) | Securely store and manage patient medical records electronically |
Patient Portal Systems | Provide patients with online access to their medical records and appointment scheduling | |
Telemedicine Platforms | Facilitate remote healthcare consultations and appointments | |
Healthcare Data Analytics | Analyse healthcare data to improve patient care, identify trends, and optimise resource allocation | |
Professional Services | Project Management Software | Plan, track, and collaborate effectively on projects with team members and clients |
Customer Relationship Management (CRM) Systems | Manage customer interactions, track leads, and nurture relationships | |
Document Management Systems | Organise, store, and share documents securely within the organisation | |
Communication and Collaboration Tools | Facilitate communication and collaboration between teams and clients through video conferencing, instant messaging, and other tools |
What industry-specific IT technologies are you using? Are you across the trends in your industry?
Benefits of Tailored Managed IT Solutions
The role of technology has become indispensable across all industries. From streamlining operations to fortifying cyber security, Managed IT Solutions have emerged as the backbone of modern businesses. However, the efficacy of these solutions hinges not only on their sophistication but also on their alignment with the unique intricacies of each industry.
Here we delve into the myriad of benefits that transcend the generic, one-size-fits-all approach.
Improved Efficiency and Productivity
Overall, IT solutions can help reduce errors, delays, and downtime, and increase output and quality, but some processes are highly particular to certain industries. Understanding the software, hardware, and processes that are recommended for your industry allows IT specialists to create solutions that can enhance your workflows.
Industry Best Practices and Proven Solutions
IT specialists with experience in your industry understand the latest trends and best practices for technology use within your field. They can leverage this knowledge to recommend and implement solutions proven to be effective for similar businesses. For instance, one of our previous articles looks at how IT Services can help healthcare professionals.
Reduced Costs and Improved ROI
A “one-size-fits-all” approach can lead to unnecessary expenses. With industry-specific IT solutions, you only have to pay for what is directly relevant to your business which can maximise your return on investment.
Stronger Security Measures
With tailored Managed IT Solutions, you can address industry-specific threats, implement targeted security measures, and minimise the risks of system failures or disruptions.
A Managed IT Services Provider (MSP) with industry experience can create a targeted defence plan. This may involve:
- Software and solutions that can detect and block malware or hacking techniques used to target your industry
- Security awareness training for your staff on common industry scams
- Data encryption methods suited to the type of sensitive data you handle
- Customised monitoring of your systems for red flags specific to your industry
- A disaster recovery plan tailored to your industry, so that your critical systems and data can be restored faster in case of a system failure or cyber-attack
Proactive IT Support
By working with a team who is experienced in your industry, you can ensure speedier troubleshooting and more effective problem-solving, minimising downtime and disruptions.
Enhanced Compliance
Complying with your industry legal requirements is critical. Partnering with a Managed Services Provider who understands the intricacies of all of your standards can reduce your risks for fines and reputational damage, and ensure your data and systems are protected from cyber threats.
For example, IT measures that help to comply with the Health Services Act 1991 regulations would be really helpful to a healthcare provider but not to a professional services business.
Better Relationships
Industry-specific Managed IT Services can also help you deliver better services and products to your customers, improving their experience and satisfaction as well as building long-term relationships.
Key Considerations for Tailoring Managed IT Solutions
Customising managed IT solutions to your industry requires studying some key factors, such as:
- Your business goals and objectives: What are you trying to achieve with your IT solutions? How do they align with your overall business strategy and vision?
- Your industry best practices and standards: What are the common IT practices and standards in your industry? How do they affect your operations and performance?
- Your current IT infrastructure: What are the strengths and weaknesses of your existing IT systems and resources? How can they be improved or optimised?
- Your future IT needs and opportunities: What are the emerging trends in your industry? How can they benefit or challenge your business?
Don’t be alarmed! This does not mean you have to consider those alone. You can consult a trusted IT service provider and industry expert.
Collaboration Between IT Providers and Industry Experts
It is crucial for IT service providers and industry experts to work together to continuously improve technology. Industry leaders can share insights, while IT service providers can identify gaps in the strategy and provide guidance for specific software, hardware, and data needs – leading to custom solutions.
Collaboration can also breed innovation by having industry influencers share their pain points and unmet needs.
Working together can level-up an organisation by providing them results such as client satisfaction, risk reduction, and efficiency boost. These can ultimately drive overall industry growth.
Investing in Industry-Specific Managed IT Solutions
Investing in Managed IT Solutions tailored to your industry is a strategic investment in your business’s future. By aligning technology with the specific needs and risks of your industry, you can empower your organisation to thrive and achieve sustainable growth. Whether you’re in Brisbane, Townsville, or anywhere across Queensland, ADITS provides customised solutions to help you harness the power of technology for long-term success.
By partnering with a trusted technology provider like ADITS, get peace of mind that everything is well thought through and that your businesses stays on top, so you can take your focus away. Contact us today to learn more or check out our managed IT services for Brisbane and managed IT solutions for Townsville businesses.
Meeting Australia’s Cyber Security Compliance Standards: A Checklist for SMBs
With a report of cybercrime every 6 minutes in Australia, Cyber security compliance has become more than a regulatory requirement, it is a crucial aspect of safeguarding your business against cyber threats. Australian small and medium-sized businesses (SMBs) face unique challenges in navigating these compliance standards and it can be daunting.
However, with the right guidance and tools, achieving and maintaining compliance can unlock greater protection and stronger reputation. This is why in this article we’ll go through:
- Understanding the Challenges SMBs Encounter with Cyber Security Compliance
- Compliance vs. Cyber Security
- Key Laws, Regulations, and Standards for Cyber Security in Australia
- Your Roadmap to Your Cybersecurity and Industry Data Compliance
Understanding the Challenges SMBs Encounter with Cyber Security Compliance
- Limited Resources: SMBs often have limited financial resources and manpower compared to larger enterprises. This can make it challenging to invest in cyber security and dedicated compliance efforts.
- Lack of Expertise: SMBs may lack in-house dedicated IT staff who can handle cyber security and compliance. Achieving and maintaining compliance also requires significant investments in technology and training.
- Complexity of Regulations: Cyber security regulations and standards can be complex and constantly evolving. SMBs may struggle to understand and interpret the requirements, especially if they operate in multiple industries with varying compliance obligations.
- Balancing Compliance with Business Operations: SMBs often face the challenge of balancing compliance requirements with day-to-day business operations. Compliance measures may require changes to existing processes which could impact productivity and efficiency.
- Keeping Up-to-date with Technology Advancements: Rapid advancements in technology introduce new cyber security risks and challenges for SMBs. Staying ahead of these developments and implementing relevant security measures can be daunting.
- Data Protection and Privacy Concerns: SMBs handle sensitive customer and business data, making them attractive targets for cyber-attacks. Compliance with data protection and privacy regulations, such as the Australian Privacy Principles, adds another layer of complexity to their cyber security efforts.
Compliance vs. Cyber Security
Whilst the difference is subtle, it’s important to understand that:
- Compliance is about following the laws and regulations for protecting information from being stolen or compromised.
- Cyber security is the practice of shielding IT infrastructures against cyber threats through different means, whether required by law or not.
Compliance exists to meet legal obligations that are meant to protect businesses and individuals. Cyber security refers to the systems and controls a business implement to protect its own assets, and compliance is one way to do that
Cyber Security Compliance Standards: Why It is Relevant to Your Business
Cyber-attacks can be very harmful to SMBs. From financial losses to reputational damage, the outcomes can be disastrous. Compliance with cyber security regulations and standards serves as a foundational step in reducing those risks.
Although compliance is just one aspect of a comprehensive cyber security strategy, businesses can expect to:
- Boost your protection against cyber threats
- Avoid fines, legal fees, and lost revenue
- Be deemed as a responsible business
- Build trust among stakeholders
- Gain a competitive edge
Key Laws, Regulations, and Standards for Cyber Security in Australia
Navigating cyber security compliance in Australia requires organisations to align with various regulations, standards, and frameworks, including the Essential Eight and the Privacy Act.
These are used for organisations to assess their cyber security posture, identify gaps, and implement appropriate measures.
Achieving compliance with cyber security regulations not only helps organisations protect sensitive data and systems but also enhances trust and confidence among stakeholders.
Depending on your industry, you must also comply with additional regulations as described below:
INDUSTRY | LAW/REGULATION |
Cross Sectors |
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Healthcare & Medical Services |
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Not-For-Profits |
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Professional Services |
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Education |
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E-Commerce |
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Critical Infrastructure |
|
Your Roadmap to Cybersecurity and Industry Data Compliance
Businesses may have some flexibility in how they implement compliance measures, but there are specific requirements outlined in laws, regulations, and standards that must be met. Failure to comply with these requirements can result in legal consequences, penalties, or other enforcement actions which it what we explain to Board members and Executives in our tailored cyber security training.
This is why we put together a step-by-step checklist you can follow to help you in your quest for compliance.
Step #1: Risk Assessment
Identify the cyber security risks that your business faces and assess their likely impact. This will help you prioritise your cyber security efforts and allocate resources. Your risk assessment must include analysing your assets, data, systems, processes, and people.
Some questions to ask in this step are:
- What are your most valuable and most sensitive data and digital assets?
- How do you store, access, and share your data?
- Who are the authorised and unauthorised users of your data and systems?
- What are the possible sources and methods of cyber-attacks?
- How would a cyber-attack affect your:
- Business operations?
- Finances?
- Reputation?
By assessing your cyber security risks, you can align your cyber security strategy with your business objectives and priorities. This is a crucial foundation for your next steps. Cyber security risks are ever evolving, so risk assessment should be an ongoing process with regular reviews and updates.
Step #2: Cyber Security Compliance Planning
Develop a cyber security plan that outlines your goals, strategies, actions, and responsibilities. This will comprise business’ compliance policies and protocols. Make sure everything aligns with your business objectives, budget, and resources. Make your plan realistic, measurable, and adaptable to changing circumstances.
Aligning your compliance and cyber security with your overall IT strategy can help you to stay ahead of updates to regulatory compliance. More so, it can fortify your protection, heighten customer trust, and increase your competitive edge. A cyber security partner can guide you toward such alignment.
Step #3: Cyber Security Compliance Implementation
Turn your compliance plan to action starting with communicating it to your entire organisation. Make sure each person understands its importance, so they can all be on board with your plan. Going a step further, you can nurture a compliance mindset into your business culture, with corresponding staff training throughout your organisation.
Implementation is optimal when your IT partner collaborates with your departments and external partners, ensuring a consistent and coordinated approach to cyber security compliance.
Step #4: Compliance Record Keeping
Make sure you keep records of everything. Keeping records attests to being compliant, accountable, transparent, and proactive in managing cyber risks. Documentation can show to your stakeholders, customers, regulators, and auditors your compliance performance and your commitment to safeguarding their digital assets.
Well-kept records enable you to monitor and improve your cyber security compliance over time. They can show you gaps, weaknesses, trends, and best practices to help improve your decision-making, planning, and review processes.
Proper documentation can also support your business’ resilience and recovery in the event of a cyber incident, help restore normal operations, investigate the root causes, analyse the impacts, and implement the lessons learned. When that happens, it is very important that you have records of personal information holdings, data flows, privacy policies, consent forms, contracts, and other APP-compliance documents.
Step #5: Cyber Incident Reporting
As soon as you are made aware of an attack on your business, you need to notify many relevant parties as described in the Information Security Manual (ISM) from the Australian Cyber Security Centre (ACSC).
It includes reporting and notification requirements, such as:
- Internal: Relevant personnel within your organisation should be informed immediately.
- Government:
- Go to the ReportCyber platform or call the ACSC hotline at 1300 CYBER1 (1300 292 371).
- In Queensland, you have to also report to the Office of the Information Commissioner (OIC).
- Industry Regulators: Specific regulators may need to be notified, depending on your industry.
- Law Enforcement Agencies: If the incident involves criminal activity, consider notifying law enforcement. In Queensland, that would be the Financial & Cyber Crime Group.
- Affected Individuals or Customers: If personal data is compromised, you have to inform affected individuals or customers.
You’ll need to use secure communication channels to prevent further compromise.
When reporting or notifying, describe the incident, including the nature of the compromise, affected systems, and potential impact. You may also outline actions taken to contain and mitigate the incident.
Cyber Security Services for Townsville & Brisbane Businesses
The legal requirements for cyber security and data privacy can vary depending on the type of organisation and the nature of the data being handled. Therefore, it’s recommended that you seek advice to ensure compliance with all relevant laws and regulations.
At ADITS we developed a tailored cyber security solution built around managed IT, essential security controls, and compliance for a multitude of industries. Whether you’re in Brisbane, Townsville, or beyond, we help structure your data and processes to ensure compliance with relevant regulations. Check out our CyberShield brochure today or get in touch with our cyber security experts.
The Human Element of Cyber Security: How Critical is Cyber Awareness Training?
Technology is now woven into our lives and our work. We are connected from the moment we wake up and check our smartphones, to the late-night emails we send.
But the cyber landscape is full of both opportunities and risks, with human error being the Achilles’ heel that often exposes us to threats.
The First Line of Defence is You
Picture this: A well-intentioned employee at a regional health clinic receives an email. A simple invoice reminder from what she thinks is a trusted supplier, nothing alarming. But the email contains a link that says “Click to review your invoice”. Little does she know that the link is in fact malicious and that she’s about to open the gate to cyber criminals. Patient records are now held hostage, and chaos ensues.
This is a typical scenario. The chilling reality is that it can happen to you or any of your employees. Human errors in cyber security are the leading cause of data breaches. In fact, a staggering
96% of data breaches were caused by or involved human error.
How Cyber Defences Fail Through Human Error
Whether it’s a weak password or a momentary lapse in judgment, our actions can shape the destiny of our digital infrastructure. How can human error open the gates to cyber threats?
Passivity: In the most successful attacks, threat actors take advantage of people’s tendency to become complacent or careless, particularly when performing routine tasks. Attackers are always just waiting to jump at the slightest opportunity. In the infamous Equifax data breach, despite receiving a notice about a vulnerability, Equifax’s IT security team failed to patch it promptly. An expired digital certificate further compounded the issue, granting attackers access to sensitive information.
Poor Password Hygiene: Passwords are our first line of defence, but they can also become our weakest link. Employees who use the same weak password across all of their different apps and platforms will increase the business’ vulnerability to breaches. Once attackers gain access to one of your accounts, nothing is stopping them to access sensitive information.
Misconfigured Systems: Just like any other business function, IT is an expertise. Don’t let misconfigured systems be exploited by threat actors. You can run regular security assessments and configuration audits to identify your risks.
Social Engineering: Cybercriminals prey on our trust and curiosity. Your employees could get manipulated into divulging sensitive information outside of the office.
As we navigate the state of cyber security nowadays, we all have these real-world examples of data breaches in mind such as Latitude, Medibank, Nissan and many more. Australian businesses must fortify their defences and this will be made possible by the empowerment of their employees – and it’s not as difficult as some think.
How Cyber Security Training Can Strengthen Your Defences
Cyber security awareness training plays a pivotal role in safeguarding businesses against the ever-evolving landscape of cyber threats. Let’s delve into the significance of such training, explore its key components, and highlight real-world examples of businesses that have successfully fortified their defences through employee education.
The Importance of Cyber Awareness Training
Cyber security awareness training equips employees with the knowledge and skills needed to recognise threats, mitigate risks, and protect sensitive data. Why does it matter?
- Human-Centric Approach: By educating employees, we transform them into a human firewall, strengthening the organisation’s security posture.
- Cost-Effective: Effective training reduces the security cost per employee by 52%. Investing in awareness programs not only strengthens security but also saves resources.
- Compliance and Reputation: Demonstrating commitment to cyber security education builds trust among stakeholders, customers, and employees. It also ensures compliance with regulatory requirements.
Key Components of Cyber Security Training
What should your training program cover?
- Phishing Awareness
- Password Hygiene
- Safe Browsing and Social Engineering
- Mobile Device Security
- Data Protection and Privacy
Creating an Effective Cyber Security Training Program
Here are some tips about how you can make your training more effective.
1. Assess Your Needs
The best training for your organisation is the one that’s tailored to your needs and the specific risks you face. How do you assess your cyber awareness training needs?
- Access Rights: Identify employees’ roles and responsibilities. Tailor your training based on their access levels (i.e., privileged vs. nonprivileged accounts).
- Legal Obligations: Educate your staff about handling sensitive information and data privacy best practices.
- Threat Landscape: Understand potential threats specific to your industry and organisation. Address these risks in the training content.
- Response Preparedness: Train employees on the appropriate actions to take during a cyber security incident. Define incident response procedures clearly.
2. Engage Your Leadership Team
Obtain buy-in from top management. Clearly articulate the impact of cyber security on business continuity, reputation, and financial stability. Demonstrate the return on investment (ROI) from reduced security incidents and improved compliance. Present concise, data-driven briefings to top management.
The support of your leadership team encourages employee participation. When leaders actively participate and lead the training efforts, employees will follow. Leaders should therefore always grab the chance to emphasise the significance of security awareness. Make sure you provide necessary resources for effective training implementation to support your words with action.
3. Make Learning Interactive
When it comes to cyber awareness training, interactive learning is a game-changer. It can transform passive listeners into active defenders. How can you do that in practical terms?
Customisable Content
Offer training that caters to various skill levels. Not everyone starts at the same point. Then, customise content based on roles and responsibilities within the organisation.
Short, Engaging Formats
Regular quizzes keep employees on their toes. Questions related to phishing, password security, and safe browsing reinforce learning. Also, use short videos with relatable scenarios. For example, a simulated phishing email and how to spot red flags. Visual storytelling is highly effective in capturing attention as well. Animated characters facing cyber threats resonate better than plain text.
Real-World Scenarios
Context always matters. Relate training to everyday situations. Use relevant case studies from other companies when available and share real incidents where employees’ actions impacted security. Learning from others’ mistakes is powerful.
Feedback and Ratings
After quizzes or simulations, provide instant feedback. Reinforce correct behaviours. Also, let employees rate the training. Their input can help improve future sessions.
4. Provide Regular Updates
Cyber threats keep evolving, and so should your training. Keep your content current and relevant.
Regularly share cyber security tips, recent threats, and success stories via newsletters or similar form of communications. Display posters and visual reminders in common areas. Maintain an accessible online repository of training materials.
5. Opt for Ongoing Training
Regular cyber security training is essential for maintaining a vigilant and security-conscious workforce. Instead of running one annual workshop for half a day, that everyone will forget about really quickly, implement 10-minute monthly programs that employees can do whenever it is convenient to them.
Make cyber awareness training an ongoing journey.
There are ways you can make your training fun and engaging in order to break the monotony as we highlight it in one of our previous articles.
Cyber Awareness Training: Guiding Employees Through to Resilience
Cyber security training is not a luxury; it’s a necessity. By investing in employee education, businesses can build resilient defences, protect sensitive data, and stay ahead of the curve. Remember, a well-informed workforce is your strongest line of defence.
Training should integrate with your overall cyber security strategy and we can help you with that. You can review our CyberShield approach, a comprehensive cyber security solution for Brisbane and Townsville businesses.
Together with managed IT, essential security controls, compliance measures, and cyber security services in Townsville, Brisbane, or surrounding areas, we can converge to form your impenetrable shield.
Demystifying Managed Security: What Your Managed Services Provider Doesn’t Cover
Did you know that in Shani Shingnapur (a village in India), the houses have doorways but no doors*?
If you think the village residents are taking security for granted, would you be surprised to learn that some businesses also have no doors?
In Australia, there are businesses that have managed IT services but no cyber security strategy in place – and some may think they do because IT encompasses many different technologies, capabilities and functions. We’re here to tell you that partnering with a Managed IT Services Provider (MSP) does not automatically mean your cyber security is covered. In that instance, it is very much like having a house with just an open doorway or having a house with a door but without any lock at all.
This article explores the difference between general managed services and specialised managed security services, beginning with a background on managed IT services.
(*NOTE: Read to the end to find out why houses have no doors in Shani Shingnapur.)
Understanding Managed IT Services
Managed IT services is the practice where a third-party provider manages your IT by maintaining your infrastructure and anticipating your needs for a fixed monthly fee. These services should align with the goals and vision of the business, and by doing so can boost productivity and efficiency. Often those services include:
- Cloud management
- Monitoring and maintenance
- IT support
- Regular hardware and software upgrades and patch installation
- Backup and recovery
Benefits of Managed IT Services
Managed IT services are for businesses that may not have the time, skills, or experience to deal with certain IT tasks on their own, and also want to focus on more meaningful projects. Partnering with an MSP has many advantages such as:
Cost Savings
- Fixed monthly fee which removes unexpected costs
- Reduced hardware and software expenses
- No need to spend on hiring, training, and retaining in-house IT staff
Less Downtime
- 24/7 system and network monitoring
- Proactive detection and resolution of IT problems can prevent downtime
- Backup and disaster recovery solutions can reduce downtime in case of any cyber threat, catastrophe, or equipment damage
Productivity & Efficiency Boost
- Overseeing all the IT needs of a business helps to keep it running smoothly
- More time and resources to focus on core business activities and goals
Top Tech Tools & Expertise
- Access to a range of the latest tools and technologies
- Tap into specialised knowledge, skills, and experience
The advantages of managed IT may vary from sector to sector. This article shares details applicable to medical, healthcare, and associated services: 5 Key Ways IT Services Can Help Healthcare Professionals.
Cyber Security: The Vital Element
With all the benefits of managed IT, not all MSPs offer the same level of service or expertise. Traditionally MSPs would exclude cyber security from their general managed services, which can unwittingly leave a business vulnerable to cyber threats.
Cyber security has become essential to all businesses and cannot be considered as an add-on anymore. It requires specialised knowledge and tools that help to protect your data, systems, and networks from cyber-attacks, and should align with your day-to-day IT management. Nowadays, you must consider managed IT services agreements that include comprehensive cyber security solutions.
The Specialisation that is Cyber Security
Whilst a heart surgeon is a specialist within the medical field, a cyber security expert is a specialist within IT. All IT professionals will probably have a rather solid understanding of computer systems, but chances are they are not all cyber security experts.
For example, MSPs can install a firewall but may not be equipped to respond to a sophisticated data breach or ransomware. They might also set up email filters to block spam but some won’t have the expertise or the tools if your staff click on a malicious phishing email.
Similarly whilst MSPs usually handle regular software updates, not all MSPs are up-to-date with the latest security vulnerabilities that require urgent patches.
Cyber security specialists are specifically trained to protect your business from all sorts of cyber threats, so they need to have:
- Up-to-date knowledge about security vulnerabilities and threat mitigation techniques, especially since cyber threats keep evolving
- A full understanding of the industry regulations and standards related to data protection and privacy
- Strong problem-solving skills and the agility to quickly respond to security breaches and minimise damage
The Importance of Specialised Cyber Security Services
Cyber security is never a one-size-fits-all solution. Different businesses have unique needs and goals. Every business must have cyber security measures that are tailored to their industry, location, and business objectives and requirements.
If you are a business owner or manager of an organisation, you know the extreme importance of keeping your operations running smoothly and securely. You probably also know how challenging it can be to keep your business fully compliant with regulations and safe against cyber threats. For example, there are compliance issues specific to medical practices as we discuss it in our article How IT Services Can Help with Compliance in Your Medical Practice.
A managed cyber security service could be the answer to those challenges.
Managed Cyber Security Services in Brisbane or Townsville
Managed cyber security services can help your business, whether it is located in Brisbane, Townsville or anywhere else in Queensland, with a comprehensive and tailored protection strategy that could provide:
- Access to a dedicated team of cyber security experts who understand your industry and local market
- A proactive approach that mitigate cyber-attacks before they cause too much damage or disruption
- A 24/7 monitoring and alerting system that detects and responds to any suspicious activity or incident
- A regular reporting and review process that keeps you informed and compliant
- A flexible and scalable service that adapts to your changing needs and growth
What to Look for in a Cyber Security Provider
When choosing a partner for your cyber security needs, look for the following:
- Experience and expertise in your industry and region
- A holistic and integrated approach that covers all aspects of cyber security
- A transparent and collaborative communication style that keeps you in the loop
- A customer-centric and outcome-focused mindset that delivers value and satisfaction
- A commitment to continuous improvement and innovation that keeps you ahead of the curve
Managed Security Services Demystified
*There are no doors in Shani Shingnapur because its residents have faith in the full protection of Lord Shanaishwar (or Shani). The villagers believe that their Lord Shani lives right in the village to protect them from all threats.
What about your business – who is protecting it? Are you 100% confident that your MSP can keep it safe from all cyber threats? Do you need to review your managed IT services contract or call your MSP to review which security measures are included in it?
If you’re not sure about your cyber security posture, how compliant you are with your industry regulations and what reporting to expect as a board member or an executive in your business, ADITS has developed a tailored and comprehensive training workshop.
The key takeaways
- Understand the gap between current efforts and where your organisation needs to be
- Discharge your responsibility
- How to grow a cyber skilled workforce
- Meet current and future regulation and legislation
Register your interest to our board and executive training session:
Top 5 Cyber Threats in 2024 and How to Defend Your Business
Have you noticed? Cyber threats are like a disease. They can infect your systems, spread quickly, and cause damages to your business.
Cyber threats are also evolving, just like new virus strains can emerge anytime (remember COVID?!) – so you need to prepare for them.
We present here what to expect with cyber threats this year, alongside the 2024 cyber threats countermeasures. Read on or click on any topic below:
- Ransomware Double Extortion
- Internet of Things (IoT) Devices
- Supply Chain Attacks
- State-Sponsored Attacks (SSA)
- Quantum Computing
1. Ransomware Double Extortion
Ransomware is a form of malware that infects your IT systems and encrypts your data. You will only get your accesses back once you pay a ransom. After you do so, the cyber criminal should release your data but there isn’t any guarantee that things will go back to business as usual.
Ransomwares are not new. The double extortion steps are. The attackers will not only encrypt the victim’s data, they will also steal it and threaten to release it publicly unless you pay another ransom.
On the 2nd of January 2024, the Court Services Victoria (CSV) reported that Victoria’s court system had been hit by ransomware. The attack affected recordings of hearings in County Court cases, the Supreme Court, and the Magistrates Court. “It’s a double extortion approach. They take the data out, and then encrypt it. If you don’t pay, they leak your data, and you will never access it,” noted Robert Potter of Internet 2.0.
How can you prepare for ransomware double extortion?
- Have a strong backup and disaster recovery plan in place so you can restore your data without paying the ransom.
- Keep your computer updated with the latest security patches
- Use strong passwords
- Master email security by avoiding clicking on suspicious links or downloading attachments from unknown sources
- In case you’re victim of a ransomware attack, immediately isolate the affected systems and power them down to prevent further damage. Then, get help from a cyber security solutions provider to chase the bad actors out of your systems and try to recover as much of your data as possible. But remember IT specialists are not magicians, without strong recovery measures in place there isn’t much they can do about that!
2. Internet of Things (IoT) Devices
The Internet of Things (IoT) is the network of devices that can communicate and exchange data online. IoT devices can include smart appliances, sensors, cameras, wearable technology, and more.
Because IoT devices can help with efficiency, productivity, and customer satisfaction, they will become even more prevalent this year. The Australian government estimates 21 billion IoT devices by 2030. However, these can pose a threat to businesses. IoT devices are often not very secure and can be easily hacked, so attackers can use them to gain access to the target’s network.
The most recent available data from Check Point Research showed an average of nearly 60 IoT attacks per week per organisation. The most affected region was Europe, followed by APAC. One of the most affected sectors is Education & Research.
To defend against IoT attacks, organisations should follow these best practices:
- Purchase IoT devices from brands that prioritise security.
- Secure your IoT devices with complex passwords, multi-factor authentication (MFA), encryption, and firewalls.
- Update your IoT devices regularly with the latest software and firmware patches.
- Use separate networks for IT and for IoT.
- Monitor your IoT devices for any suspicious or abnormal activity.
- Educate your staff and customers about the risks and responsibilities of using IoT devices.
- Implement a comprehensive IoT security strategy for your business and a zero-trust policy for connected devices.
3. Supply Chain Attacks
A supply chain attack targets the software, hardware, or services used by an organisation or its suppliers. Attackers will often target the weakest link in the supply chain, which can be a third-party vendor. After gaining access through the supply chain, the attackers will then move laterally to the target’s network.
A memorable supply chain attack happened back in 2021 when cybercrime group, Revil, targeted businesses by exploiting a vulnerability in their Kaseya software platform. The attackers demanded ransoms of up to $7 million. Such attacks will increase this year due to the complexity of global supply chains, the reliance on third-party suppliers and the sophistication of cyber attackers with the widespread use of generative AI tools.
Your business can reinforce its defences against supply chain attacks via these measures:
- Conduct regular risk assessments and audits of your suppliers and partners, verifying their security practices and compliance standards
- Implement robust security controls and policies for your systems and networks, ensuring they are updated and patched regularly*
- Train your staff and stakeholders on how to recognise and report suspicious or malicious activities or communications
- Establish clear communication channels and protocols with your suppliers and partners, so you can verify their identity and authenticity before transacting or sharing any sensitive information
- Develop contingency plans and backup strategies for your supply chain operations, testing them periodically
*Ask your cyber security services Brisbane consultant or cyber security solutions Townsville provider for guidance.
4. State-Sponsored Attacks (SSA)
State-sponsored attacks (SSA) are orchestrated or supported by a government or nation-state. They are often sophisticated and well-funded, targeting specific individuals, organisations, or government entities for political, economic, or espionage purposes. Some examples of such attacks are the hacking of political party conventions, multi-country ransomware attacks, and spying on certain technologies and industries.
SSA pose a serious threat globally as they can cause damage to critical infrastructure, disrupt business operations, steal sensitive data, influence public opinion, and undermine trust. These are expected to increase in 2024, with the spread of AI use and the 2024 elections happening in the United States, India, Russia, the United Kingdom, Taiwan, and Mexico.
Government entities and critical infrastructures must take proactive steps for protection against SSA, such as:
- Implement a robust and tailored cyber security strategy that covers all specific aspects of your network, systems, data, and people
- Monitor your network for any signs of intrusion or compromise, and respond quickly to any incidents
- Collaborate with industry associations, and other government agencies to share information and best practices on SSA prevention and mitigation
5. Quantum Computing
While practical quantum computing could still be a few years away, significant developments will happen in 2024. As quantum computers are able to perform tasks much faster than classical computers, it can be both good and bad for cyber security.
Quantum computing could improve cryptography and create more secure communication channels. But quantum computers can also pose a serious threat to cyber security solutions: They can break some of the current encryption methods that protect data and communications.
Further developments in quantum computing in 2024 could include the following:
- Cyber actors collecting encrypted data now (so they can crack them open when quantum computing allows them to do so)
- Continued investment and research in developing quantum computers by both governments and private companies
- Increased interest in using quantum computers for artificial intelligence, machine learning, optimisation and simulation, cryptography, chemistry, physics, biology, medicine, and finance
To prepare for quantum computing, monitor its developments and trends, and start exploring quantum-resistant encryption methods that would be hard for both classical and quantum computers to solve.
You’re Only As Strong As Your Weakest Link
Considering human error is the leading cause of cyber security incidents, you can start preparing for all these cyber threats by understanding your human risk areas.
ADITS offer a free Human Risk Report to all businesses in Brisbane, Townsville and surrounding areas.
This solution will:
- Scan your domain and employees’ email addresses on the dark web
- Test your staff against a phishing attack
- Give you a security score and the timeframe of your future data breach
- Provide actionable steps you should take to reinforce your infrastructure from the bottom up
Get your free report now: