The importance of strong cyber security ahead of the new financial year

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By Simon Eid,
Area Vice President, Australia and New Zealand

The threat landscape is constantly evolving, and businesses are coming to understand that no-one is immune to a cyber-attack. To best prepare for a potential attack, businesses need to aware of the risks and ensure cyber security is ingrained with day-to-day operations.

With a number of high-profile breaches over the years showing the various industries being targeted and different attack techniques, there is no question that cyber-attacks pose a serious risk to businesses of all size. The compromising of private data could cause significant financial losses and legal implications, as well as breaching the trust of customers and causing reputational damage.

With the beginning of another financial year soon upon us, now is the perfect time to reassess the security posture of your business, by focusing on the key areas of technology, people and processes to ensure that threats can be handled in an efficient and economical manner.

Adapt technology to meet future trends

Improving security operations is something that should be done regularly in order to keep up with the constantly evolving technological landscape. As disruptive trends continue to develop, new cyber security solutions will need to be adopted to keep up with this pace.

Businesses should be using security tools that leverage artificial intelligence (AI) to identify known and unknown threats, allowing you to investigate and respond faster by processing mass amounts of data to detect malicious activity. This allows a streamlining of investigations and can ensure that employees can focus on optimising processes instead of wading through unnecessary data…Click here to read full article.

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