Data breach: plugging a hole to save your company’s skin

Data breach: plugging a hole to save your company’s skin

Posted December 7, 2020

Data breach: plugging a hole to save your company’s skin

  • The Covid-19 pandemic has not only seen us change our ways of working. Cybercriminals have adjusted the way they work, intensifying their focus on low-hanging fruit like the ‘quick fixes’ many organisations implemented to support employees working remotely.
  • In its delayed 2020 budget, the Federal Government announced a significant increase in spending for cyber security, with an additional $201.5 million to support its $1.7 billion 2020 Cyber Security Strategy. It also included $470 million to bolster Australia’s cyber security workforce on top of $1.4 billion for government security efforts.
  • Continuous monitoring is vitally important. Companies tend to record a lot of logs; what they don’t do so well is monitoring these logs and correlating multiple log sources to look for the right trends and indicators.
  • If you look at traditional security controls, they are very much focussed on preventative controls. There is usually a lot of talk about firewalls – and all those typical controls we hear about. But if you work on the premise that there will eventually be an attack, and it’s better to detect it early when you still have a chance to do something about it.

– Ewan Ferguson | December 7, 2020