Introduction
Technology is evolving, and so are cybercrimes, making it necessary for organisations to proactively build a defence mechanism against cyber threats to protect their digital assets.
Australian organisations are facing a rising number of cyber threats ranging from financial attacks to data hacking. Now, protecting sensitive information has become more essential than ever, and building a strong defence against these threats is one of the main concerns for Australian organisations.
This is where Cyber Security Management plays an important role, from creating must-follow cyber security policies to regularly taking updates to prevent risks, executing robust access controls, and teaching employees how not to fall for cyber frauds and to deal with them smartly.
We are discussing what makes cyber security management a solid need for Australian organisations for maintaining proper security to safeguard sensitive information and other operations, and sharing some solid practices in this blog.
Cyber Security Management is not just a technical challenge but a basic necessity for a business in this advanced technological world. By adopting some basic practices, businesses can ensure their sensitive organisational data remains safe from cyber criminals.
What is Cyber Security Management?
Cybersecurity management is an all-inclusive approach for organisations to protect their sensitive information and digital assets from cyber criminals. It includes various activities that help maintain proper security in organisations, such as policy development, risk management, employee awareness training, security control implementation, etc. The overall goal is to maintain the integrity, availability and confidentiality of organisational sensitive data.
A strong cybersecurity management strategy also monitors ongoing organisational activities and other online networks to identify and manage potential threats to businesses. As the world is evolving in terms of technology, the need for cybersecurity management is becoming more and more essential for organisations. Management of the security risks posed by third parties that your organisation is reliant on is becoming crucial to ensuring success. This has been evident by some of the huge (millions of Australians being impacted) security breaches of 2023 in Australia
Best Practices in Cyber Security Management
One of the primary components of a well-defined cyber security management is to have a proper cyber security policy within the organisation. The policy should be customised according to the industry and potential risks that can cause harm to the organisation.
A well-communicated policy should cover details like access controls, data protection, employee awareness training, and regular updates in policy that ensure constant awareness of the newest online threats
Awareness of the organisation’s cyber risk environment is crucial for well-defined cyber security management. Being regular with risk assessment helps organisations stay updated with susceptibilities and prioritise them before they can cause any harm. These assessments help organisations with technical vulnerabilities, third-party risks, and human factors. Businesses should always stay regular with risk assessments to make well-informed decisions and to reduce potential threats to the organisation.
Unauthorised access in organisations is one of the main entry points to the cyber attack. Implementing strong access controls ensures multi-factor authentications within the organisation, restricting unauthorised access to sensitive and confidential organisational data. Strong access controls let organisations provide permission based on roles and responsibilities to ensure the proper safety of critical assets.
Human errors are one of the significant causes of cyber incidents. Most cyberattacks in organisations occur through phishing emails or clicking on fraudulent links, and here, employees are one of the main sources that can unintentionally introduce vulnerabilities. Regular awareness programs and training on cybersecurity can help employees identify potential risks and immediately report them to upper management.
Outdated software in organisations is a common and easy target for cybercriminals. Organisations should develop a management process to make sure software, including applications and operating systems, always stays up-to-date to prevent phishing attacks.
Securing an organisation’s data and other assets with cyber security management also includes regular monitoring of potential threats & suspicious activities in the network infrastructure. Firewalls and prevention systems are some of the critical components of a strong security strategy within the organisation. Regularly monitoring the organisation’s network traffic helps identify suspicious activities and potential threats in real-time to safeguard the organisation’s sensitive assets.
Supporting the above activities to ensure the best protection for the organisation against cyber attacks, testing with ethical hacking techniques is essential to identify the potential vulnerabilities that hackers can take advantage of and to stay secure. This proves to be one of the best techniques to identify risks beforehand; that is why organisations should always run a test with ethical hacking to make sure their systems are fully protected and cannot be exploited by cyber attackers.
Despite having well-defined security management implemented within the organisation, there’s a slight chance that cyber-attacks can occur. For this, having a well-defined immediate incident response plan is crucial to minimise the impact of cyberattacks. This response plan involves pre-defining roles and responsibilities, proper communication, and crucial steps to be taken if any suspicious activity is detected that can cause harm to the organisation’s critical assets.
Conclusion
It is well known that new technologies are introduced in the digital platform to empower organisations and, with that, also make them vulnerable to cyberattacks. And now, keeping your organisation protected and foolproof from cyber attacks is not an option anymore; it has become more crucial than ever to prioritise securing critical assets and sensitive data.
Cyber Security Management is the best strategic approach to respond against cyber attacks and to always stay prepared for the worst to happen in the online world.
Securemation is a premier cyber security company in Australia, helping organisations to stay ahead of cyber attacks. Securemation will design and implement an Information Security Management Systems (ISMS) based on the ISO 27001 standard – using NIST or ISO 27002 control framework.
From educating your workforce and devising a tailored security strategy to implementing robust solution architecture and conducting rigorous testing, Securemation is committed to providing a comprehensive suite of services that address every facet of cyber security.
We aim to empower your enterprise with the tools, knowledge, and strategies you need to survive and thrive in this challenging environment. With Securemation as your trusted cyber security partner, you can focus on what you do best—running your business—while we keep it secure.
Why Choose Us?
We have been protecting organisations from cyber-attacks for 30+ years. Our expertise and knowledge have a proven record in securing businesses like yours. Despite our cost-efficient solutions, we do not compromise on security; we provide 24*7 network monitoring that helps detect threats and respond to them in real time.
We have designed and implemented fit-for-purpose ISMS for small, medium and large businesses in Australia. Secure your business today by contacting us!
