No business can afford to be complacent with the current rise in Cyber Attacks because becoming the victim of a cyber-attack today is a serious loss of Reputation not forgetting how costly security breach has become, regardless of your business size and Industry. Having implementation standards such as ISO 27001, largely reduces reputational damage risks for any organization.
Security breaches are major news headlines daily where companies across all business sectors including Government Departments, Banking Industry, Credit Unions, Not for Profit Organisations, Logistic Companies, Universities, Private schools, and Hospitals make the news headlines affected with a cyber breach or compromised by cyber-attack. Often these attacks occur in organizations daily across the globe mainly caused due, to stolen laptops & mobile phones, insider espionage, ransomware attacks, no cybersecurity policies, and procedures, or simply not effectively updating current patches on operating systems. These organizations do have some form of IT solution to help them in achieving their daily business objectives. The key question they need to ask is where is information stored? How is this information stored? Who within the organization has access to this information? Is key business information stored with restrictions for access or freely shared within the organizations? Some Businesses may have systems or solutions in place with their IT, however, most of these solutions do not have adequate built-in security features. Information Security is not just IT. Every Board, Senior Management, Governing body needs to ensure that they have processes and procedures that enable the security of the systems and the information held within them.