Beyond the numbers with Grant Thornton: Listen now
The explosion of data generated by digital technology, combined with a new degree of connectedness among organisations, means that there is a ripe opportunity for the technologically-savvy and criminally-minded to take advantage.
Cyber attacks are more focused, skillful and ambitious. Geographical borders are essentially meaningless. Regulators and stakeholders are increasing the pressure on organisations to manage these risks and cyber security is now a strategic and boardroom concern. Effective cyber security is rapidly becoming a critical issue on the agenda of business leaders.
From our experience, a majority of cyber attacks could be avoided by good cyber hygiene, which involves getting the basics right and not ignoring the risk.
Additionally, with the introduction of the mandatory data breach notification scheme in Australia in May 2018, there are on average 250 data breach notifications per quarter – of which, approximately 60% are malicious or criminal attacks.
Businesses are under increasing scrutiny over their privacy policy and practices, and cyber security incidents are becoming highly publicised.
Nearly all Australian companies are affected by the mandatory data breach notification scheme. With financial penalties of up to $1.7 million for corporates and $300,000 for directors, understanding your data, potential areas of risk, and having a plan in place is crucial to the financial status and reputation of all businesses affected.
We work with you to identify and guard against potential cyber risks to your organisation and mitigate data breaches and hacks when they occur.
Our team provides detailed, actionable insight that incorporates industry best practice and standards to enable you to strengthen your cyber security position and help you make informed commercial decisions.
Creating a cyber-secure culture by embedding interactive training into your workplace
Data and digital transformation is squarely on the agenda for many businesses.
Australian businesses are navigating complex data security and privacy requirements, sometimes in multiple jurisdictions.
Creating a cyber-secure culture by embedding interactive training into your workplace
Australian businesses are navigating complex data security and privacy requirements, sometimes in multiple jurisdictions.
Data and digital transformation is squarely on the agenda for many businesses.
Cyber security doesn't need to be masked in jargon or require investment in expensive, complex solutions to reduce your risk. Take the steps to understand your current state, detect threats and implement robust defences.
Identify risks, threats and breaches with cyber health check, cybersecurity risk and threat assessments, security policy development, security process or technical assessments, and third-party cybersecurity assurance.
Protect your organisation with comprehensive technical frameworks and broader processes required to protect your business. We can help you with security architecture, security technology implementations, security process design and implementation, identity and access management, privacy and data protection, data classification, enterprise application integrity, business continuity and disaster recovery, and penetration testing.
Respond to imminent cyber threats, and support and monitor your cyber security operations and to respond rapidly and forensically in the event of a security or data breach.
Recover from security or data breaches, and come up with a plan to improve and better manage your cybersecurity capability. Our specialists can help you plan and implement a security program strategy, security governance and security awareness.
We'll be in touch shortly.
In the meantime, if you have any questions, please don't hesitate to contact us via communications@au.gt.com.
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