What Boards Want to Know and CISOs Need to Say
Seven years ago in the SBIC report Bridging the CISO-CEO Divide, we explored the best practices security leaders could use to communicate more eﬀectively with their COs. CISOs were at a crossroads and just beginning to take a seat at the executive table. We provided recommendations from global leaders about ways CISOs could embrace their growing leadership role, build trust with the executive leadership team and earn the conﬁdence of their CO. We discussed how harting a new course based on a strategic, risk-based approach to information security would drive clear business value.
Email fraud is nothing new, but online criminals have become ever more-effective at spoofing their identities to trick employees into sending them money. The Australian Centre for Cyber Security (ACSC) recorded losses of over $20M to business email compromise (BEC) attacks last year alone, up 230 percent over the previous year – and the full amount is certain to be much larger.
Cybersecurity Insights - Attack
No matter how robust your security, or how diligent your employees, network credentials are a free pass for cybercriminals. This is mostly because employees are relied upon for their own password management. And with more than 4.8 billion sets of stolen credentials said to be available online, odds are that at least a few of your employees’ user IDs and passwords are just waiting to be used by unscrupulous outsiders. Are you ready to stop them?
Cybersecurity Insights - People
Cyber resilience will be particularly important as Australian organisations face increased pressure to quickly detect, respond to, and manage the repercussions of breaches in the wake of 2018’s Notifiable Data Breaches (NDB) scheme.