Main
Log in

Conclusion: This month, discussions regarding critical security issues have continued to be prominent. In particular, an increase in the ineffective management of security threats and incidents was flagged. A high proportion of companies have cited a preference for paying off ransomware demands due to a perception it is a cheaper and less complex resolution to security incidents. These types of short-term solutions often produce other risks and create larger, associated problems in the future. A growing trend to under-report security incidents and a lack of cyber threat intelligence has left many companies exposed. Customers often deprive themselves of opportunities to improve cyber security controls and processes when they do not adopt long-term mitigation strategies to reduce risks and enhance response measures.
Such long-term and consolidated efforts allow customers to take advantage of all resources available to the company, founded in threat intelligence. Accessing a wide range of cyber threat intelligence and establishing ways to obtain this information is particularly critical. Plans must include ways to identify and assess security incidents, how staff communicate and share information regarding incidents, as well as harnessing data from external sources such as service providers and other tailored data specialists. Whilst complex, establishing sturdy threat identification, protection, response and recovery frameworks will improve a company’s capacity to manage security risks, utilising all resources and information available.

Existing Client Login



This Advisory paper is only available to IBRS Advisory clients. To find out more about becoming an IBRS Advisory client complete the attached form and we will be in touch.
Please let us know your name.
Please let us know your email address.
Please enter a valid phone number
Invalid Input

Register to read more...

In the News

The pros and cons of shadow IT In today’s business world - WHICH-50 - 23 July 2019

Shadow IT sounds like a covert — quite possibly dark — force. And to some people it may well be. But the truth is both far simpler and more complex. According to Cisco, Shadow IT is the use of...
Read More...

Busting The Three Big Cloud Myths - WHICH-50 - 11 June 2019

Organisations that are resisting the shift to cloud computing are often basing their decisions on common misconceptions around security, price and integration. That’s a key finding in a recent...
Read More...

ANZ business users calling the shots in ICT decisions

Conducted by Australia’s Intelligent Business Research Services (IBRS) and commissioned by TechnologyOne, the survey of 261 business leaders in ANZ has shown that business functions are having more...
Read More...

Managed security: a big gamble for Aussie IT providers - CRN - 02 August 2018

TechSci Research estimates the Australian managed security services (MSS) market will grow at a CAGR of more than 15 percent from 2018-23 as a result of the increased uptake of cloud computing and...
Read More...

Kids, Education and The Future of Work with Dr Joseph Sweeney - Potential Psychology - 25 July 2018

What is the future of work and how do we prepare our kids for it? Are schools and universities setting kids up for future success? Does technology in the classroom improve outcomes for kids? Should...
Read More...

Subscribe to IBRS Updates

Invalid Input
Invalid Input
Please enter a valid email address
Please enter your mobile phone number
Invalid Input

Get in-context advice from our experts about your most pressing issues or areas of interest

Make an Inquiry

Sitemap

Already a subscriber?

Login to read your premium content.

        Forgot your password?
Recently Viewed Articles
Related Articles