Tag: risk management

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Trending: Security as a service
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My Health Records – To opt-in, or to opt-out? That is the question
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Former MasterChef contestant falls victim to online fraud attack
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Research reports say risks to smartphone security aren’t phoney
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Report savages US Government agencies’ cybersecurity efforts
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Study reveals massive cost of cybercrime for Asia Pacific businesses
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Australian Government legislates to protect critical national infrastructure
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US Department of Homeland Security unveils five point strategy to combat cyber risk
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Excel skills of English Council leads to the exposure of “hidden” personal information
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Over half of notifiable data breaches caused by human error

Trending: Security as a service

By Cameron Abbott and Karla Hodgson

Remember the time when you first heard about cloud computing and it took you a few moments of quiet contemplation before you wrapped your head around the concept of computing being situated “up there”?  Of course today we aren’t surprised to learn that over 80% of enterprise workloads will be in the cloud by next year and that a new wave of cloud-based security as a service (SECaaS) solutions are rolling in to address the forecasted USD $5.2 trillion per year in cybercrime damage that is expected to impact within the next 5 years.

Based on the software as a service (SaaS) model, SECaaS is a cloud-based managed security service that removes the need for businesses to buy and continually upgrade on-premises hardware and software and keep staff upskilled in the ever-shifting world of cybersecurity risk and protection.

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My Health Records – To opt-in, or to opt-out? That is the question

By Cameron Abbott and Keely O’Dowd

This year all Australians will have a My Health Record created. A My Health Record will operate as a digital medical file that allows healthcare providers to upload health information about a patient. This information may include prescriptions, medical conditions and test results. A patient’s digital medical file will be stored in a national electronic database operated by Australian Digital Health Agency (ADHA).

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Research reports say risks to smartphone security aren’t phoney

By Rob Pulham, Warwick Andersen and Sarah Goegan

Beware! Your favourite apps may be putting your phone and data at risk. Reports from Allot and BitSight have examined rising threats to the security of our mobile devices.

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Report savages US Government agencies’ cybersecurity efforts

By Cameron Abbott and Sarah Goegan

You would think government agencies would have a keen focus on cybersecurity risks, but apparently not! A report by the United States Office of Management and Budget (OMB) has found that nearly three-quarters of Federal agencies reviewed have either “at risk” or “high risk” cybersecurity arrangements. 71 of 96 agencies assessed were either missing, had insufficiently deployed or had significant gaps in their fundamental cybersecurity policies, processes or tools.

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Study reveals massive cost of cybercrime for Asia Pacific businesses

By Cameron Abbott and Sarah Goegan

We all know that cybersecurity incidents can cost your organisation a lot of money, but exactly how much? A report by Frost and Sullivan has found that losses from cyberattacks in the Asia Pacific region (APAC) could reach a staggering US$1.75 trillion, nearly 7 per cent of the region’s gross domestic product in 2017. As covered in our blog last week, the cost of cyber scams alone in Australia totalled $340 million AUD last year.

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Australian Government legislates to protect critical national infrastructure

By Cameron Abbott, Keely O’Dowd and Sarah Goegan

Protecting Australia’s critical infrastructure from threats is essential to Australia’s national security interests, community safety and the overall quality of life for Australians.

In March 2018, the Australian Parliament passed the Security of Critical Infrastructure Act 2018, which is due to commence on 11 July 2018. The Act imposes new obligations on operators and owners of “critical infrastructure assets” – Australia’s high risk major ports and electricity, water and gas utilities.

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US Department of Homeland Security unveils five point strategy to combat cyber risk

By Cameron Abbott and Sarah Goegan

This week, the US Department of Homeland Security (DHS) released its Cybersecurity Strategy. The five “pillar” strategy will be executed by the DHS over the next five years, and aims to improve national cybersecurity risk management.

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Excel skills of English Council leads to the exposure of “hidden” personal information

By Cameron Abbott and Keely O’Dowd

The Kensington and Chelsea London Borough Council (Council) was recently fined £120,000 (approximately AUD$217,920) by the UK Information Commissioner’s Office (ICO) for the unauthorised processing of personal data belonging to 943 people who owned vacant properties in the Borough.

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Over half of notifiable data breaches caused by human error

By Warwick Andersen, Rob Pulham and Keely O’Dowd

Following on from Friday’s blog, we have looked at a particular aspect of the Office of the Australian Information Commissioner’s Notifiable Data Breaches Scheme quarterly report in more detail.

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