Why cyber security is so important

An overview of why cyber security protection is a must for every organisation.
Why cyber security is so important

Protecting your organisation against security incidents, data breaches and cybercrime is now a must-do for every organisation, irrespective of staffing, services or revenue.
Along with the increased use and benefits of digital technologies is the necessity to appropriately secure them and the information they hold.
Cyber security protection should be considered for:

  • Anywhere information is stored, such as:
    • End-user devices, such as PCs, laptops, phones and tablets
    • Your email system(s)
    • File sharing services, including file servers and Cloud storage
    • Systems and apps, such as client case management systems
  • Any device that transmits information, such as firewalls, routers and switches.

The impact of cybersecurity incidents on organisations ranges from operational disruption to bearing costs of legal penalties to reputational damage.

It is key to understand what information needs protection in your organisation. Note that Australia’s Health Records and Privacy laws require that you secure all your health and personal information.

Why the fuss?

In a 2020 report, the Australia Cyber Security Centre states: “Cyber crime is one of the most pervasive threats facing Australia, and the most significant threat in terms of overall volume and impact to individuals and businesses.”

Australia’s Digital Trust Report 2020 indicates that cybersecurity enables digital trust, allowing people to have confidence that technology incorporates the elements of security and privacy. Building cybersecurity practices into your organisation will boost the confidence of your clients and build organisational resilience.

The Office of the Australian Information Commissioner received 1057 notifications of data breaches in 2020. Here are some key findings of its 2021 Notifiable Data Breaches Report:

  • Data breaches are increasing – notifications went up 5% across the year
  • 58% of notifications were attributable to malicious or criminal attack
  • Almost a quarter of those affected were health service providers
  • Human error was a factor in almost half of data breaches, rising 18% across the year.

What should you do?

The good news is you don’t have to do everything at once. Our guides can help you draw up an effective road map towards effective organisational cyber security.

The following guides provide some background and an overview of cyber security issues and challenges:

Recovering from a data breach can take weeks or months of effort, damage your reputation and impact revenue. Ensuring you have critical cyber security protections in place will go a long to protecting your critical client and staff information. See our guide to Cyber security essentials. 

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