Securing Your Business: A Guide To Cyber Security

Jun 29, 2021
Cyber Security

Shielding your business from online threats is a top priority. But where should you start? We understand the challenge of navigating the complex landscape of cyber threats. That's why our team of seasoned cyber security experts is ready to assist.

Our national cyber security team is renowned for securing Australian businesses and their data. We'll guide you through the best practices for online safety and provide the support you need. Partner with us, and rest assured that your business is fortified by the best.

  1. Why Cyber Security Matters
    In simple terms, you need cyber security measures to safeguard your business and its data from online threats. Cyber security protects various data categories, including sensitive data, personally identifiable information (PII), protected health information (PHI), intellectual property, and governmental and industry information systems.  

    Prevention is more economical than a cure. Data breaches cost businesses nearly $6 million on average—a price many growing businesses can't afford. Beyond the financial toll, data breaches result in reputational damage, operational downtime, legal action, and the loss of customer data. To avoid these hassles, invest in cyber security you can trust. Spirit's experts collaborate with you to understand your systems and craft a robust solution using essential cyber security strategies.
  1. Essential Cyber Security Strategies  
    The Australian Cyber Security Centre (ACSC) receives one cyber crime report every 10 minutes, with many reports from growing businesses. The era of relying solely on antivirus software is over; sophisticated cyber attacks require a more comprehensive approach. The ACSC recommends implementing the Essential Eight strategies:
  • Daily Backup of Important Data: Make daily backups integral to your business's cyber security strategy.  
  • Multi-Factor Authentication: Employ multi-factor authentication to enhance access security. This method requires two or more pieces of qualifying evidence, making it harder for hackers to breach your data.
  • Patch Operating Systems: Regularly update operating systems to fix vulnerabilities and enhance security features. Spirit collaborates with top vendors to ensure your business enjoys top-notch cyber security features.
  • Restrict Administrative Privileges: Limit administrative privileges to those who need them, reducing the risk of data falling into the wrong hands.
  • User Application Hardening: Block browser risks by restricting certain programs' capabilities, protecting your business from potential data breaches.
  • Disable Untrusted Microsoft Office Macros: Identify and disable untrusted macros in Microsoft Office to prevent potential compromises.
  • Patch Applications: Implement application patch management to repair vulnerabilities and keep your systems updated and secure.
  • Application Controls: Use application control measures to block unauthorised applications, securing your business's data.
  1. How Spirit Reduces Business Risks
    Over 43% of cyber attacks target small businesses. Many believe a basic firewall and antivirus package suffice, but that's not always true. At Spirit, we offer a range of cyber security solutions, including expert-level services through Intalock, part of the Spirit group of companies.

    Our unique approach to cyber security, backed by decades of experience, involves understanding your data's sensitivity, usage, storage, and sharing. This allows us to build and manage innovative solutions tailored to your needs, reducing your risk and protecting your business. Our solutions include:
  • Advisory Services: Understand your current maturity state to make informed choices on resource distribution.
  • Technical Services: Implement technical controls to enhance your business environment's risk posture.
  • Managed Services: Leverage 24x7 continuous monitoring, detection, and incident response services.
  • Security Operations Centre: Benefit from 24x7 managed security from multiple Security Operations Centres (SOCs).

Recent cyber attacks on prominent Australian businesses emphasise the need for robust cyber security measures. Our services encompass everything your business needs to stay safe online, ensuring your data is protected and operations remain uninterrupted.

Don't let hackers jeopardise your hard work. Let's discuss how our cyber security services can fortify your business against online threats.

References:

1 Esssential 8  
Source: https://www.cyber.gov.au/acsc/view-all-content/essential-eight  
2 RMIT shuts down systems after malware hit  
Source: https://www.afr.com/technology/rmit-shuts-down-systems-after-malware-hit-20210219-p5745f  
3 Data breaches cost the average business almost $6m worldwide  
Source: metacompliance  
4 Nine Entertainment’s real estate-listing company Domain has fallen victim to cyber criminals  
Source: https://www.theaustralian.com.au/business/media/nine-entertainments-rentallisting-company-domain-has-fallen-victim-to-cyber-criminals/news-story/a183492333d1c34cdb899af1ab1220fb  

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