Cyber security is no longer just about prevention, but a shared responsibility model, owned by everyone.

Addressing ransomware attacks effectively is a very important step in the Government’s cyber reform strategy.

2020 saw major cyber-attacks and breaches affect Australian companies and governments – magnified by the impacts of COVID-19 on business IT systems.

So, where have we have gone awry with native security protection and how can we get back-on-track with first principles?

COVID-19 has brought a whole new raft of threats.  With immense pressure on health systems it has also challenged cyber security as more people work from home.

With new technology comes a new standard. With increased use of online services such as banking, welfare and insurance people will expect an enhanced experience every time.

The answer to pressured budgets and increasing cyber risk can be found in a novel application of an established approach to IT budget management; cyber cost optimisation.

One in three adults have been affected by cybercrime, and estimates are the cost of cybercrime could be as much as $29 billion per year in Australia alone.  

Cyber attacks are not uncommon, but their rising frequency and targeted approach is reason for concern.