Cyber-security - Defending your company against cyber attacks

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CYBER-SECURITYDEFENDING YOUR COMPANY AGAINST CYBER-ATTACKS

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CURRENT CYBER-SECURITY CHALLENGES COMPANIES FACE

64%of Australian CIOs say the number of detected security threats has increased compared with 12 months ago




TOP 3 IT SECURITY RISKS FACING ORGANISATIONS

CURRENT CYBER-SECURITY CHALLENGES COMPANIES FACE

SPYING/SPYWARE/RANSOMWARE (economic espionage)

CYBER-CRIME (fraud, extortion and data theft)

46%49% 49%

DATA ABUSE/DATA INTEGRITY




WHAT ABOUT INTERNAL IT SECURITY RISKS

77%of companies allow their employees to access corporate data on their personal devices



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TOP 3 ACTIONS TO PROTECT CORPORATE DATA ON EMPLOYEES’ PERSONAL DEVICES FROM CYBER-ATTACKS

WHAT ABOUT INTERNAL IT SECURITY RISKS

Provide training to employees on maintaining security on personal devices

Request employees sign an acceptable usage policy for keeping company information secure

Deploy mobile device management technology to enforce enhanced protection

56% 55% 49%



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THE KEY CHARACTERISTICSOF AN EFFICIENT IT SECURITY STRATEGY

Has effective governance in place with an overarching view

Takes a risk-based approach to cover the enterprise’s operations and supply chain, including third-party vendors

Has the support of senior management

Creates employee awareness

1

2

3

4




WHAT ARE AUSTRALIAN COMPANIES DOING

The response for many companies is to rethink their IT security practices and to implement an integrated approach to preventing, detecting and mitigating cyber-attacks.




TOP 5 MEASURES COMPANIES ARE TAKING TO ENHANCE IT SECURITY

WHAT ARE AUSTRALIAN COMPANIES DOING

69%

47%

39%

38%

29%

Enhancing/implementing mobile device security

Managing Advanced Persistent Threats (APTs)

Contracting with third-party vendors or adding tools to enhance security

Enhancing cloud security

Implementing multi-factor authentication processes (e.g. tokens, biometrics)



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WHY CYBER-SECURITY SHOULDBE A PRIORITY FOR SMEs

For SMEs, the rise of mobile

technology, cloud technology and

other interactive tools have created

more business opportunities.

At the same time, cyber-attackers

have gained access to some large

companies through their supply chain

that lacked effective protection.

HOWEVER!



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BUSINESSES ARE RELYING ON A MIXED WORKFORCE

COMPANIES NEED TO STAFF UP

PERMANENT SPECIALISTS RISK CONSULTANCIESCONTRACT SPECIALISTS

While having in-house IT security experts is preferable, businesses are changing their hiring strategies toinclude a mixed workforce of permanent and contract specialists, including external risk consultancies.




COMPANIES NEED TO STAFF UP

75%of Australian CIOs say they will face more security threats in the next five years due to a shortage of IT security talent




MOST IN DEMAND AND MOST CHALLENGING TO FIND

TOP 3 TECHNICAL SKILLS IN IT SECURITY

CLOUD SECURITY BIG DATA/DATA ANALYTICS

1 2 3HACKING/PENETRATION

TESTING




DON’T FORGET ABOUT THE SOFT SKILLS!

CYBER-SECURITY SKILLS, A HOT COMMODITY

ANALYTICAL SKILLS COMMUNICATION SKILLSBUSINESS ACUMEN



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IT SECURITY CHECKLIST

Companies need to keep in mind 6 core steps when developing and implementing an effective security program.

Develop policies and processes that will help your company prevent and defend itself against cyber-attacks.

1. BE PROACTIVE

Use the available data to identify which risks are emerging and receding and in which areas you need to implement additional cyber-defences.

2. USE BIG DATA

Create a talent pipeline by investing in your IT professionals through extensive training, or by hiring additional team members or an external consultancy.

4. HAVE THE NECESSARY SKILLS

Encourage regular training of all personnel on cyber-security policies and corporate practices.

6. SUPPORT TRAINING

Make everyone in the company aware of the risks associated with email, social media and confidential information.

5. GET EVERYONE INVOLVED

3. TREAT IT SECURITY AS A CONTINUOUS ENTERPRISE-WIDE PROCESS

Consistently test and re-evaluate existing processes and systems that are designed to minimise the inherent risks.



CYBER-SECURITY

Defending your future


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Cyber-security - Defending your company against cyber attacks

Technology

Transcript of Cyber-security - Defending your company against cyber attacks