IT Security is the general practice of defending computers, servers, systems, networks, and data from malicious attacks. IT can be a powerful platform for creativity and work, however, if you don’t have proper security measures you risk having your data or devices compromised. In a very similar context, having no IT security is the same as leaving your front door wide open to your house and expecting everything to be there when you return.
Cyber Security is important for the safety and wellbeing of your clients, customers, staff, and reputation. Adding cyber security measures to your organisation could help save you thousands. In Australia alone, cybercrime costs amount to $29 billion every year. The average cost incurred by a business on a single breach is $276,323. This is a massive cost for your organisation to incur for not investing in cyber security practices, especially if you are a smaller organisation. Moreover, ASCS cyber security survey concluded that 62% of the respondents, which included small and medium businesses, had experienced a cyber security incident. Furthermore, 1 in 5 small to medium businesses were unaware of the term “phishing”. Almost half of the respondents agreed on having a low-level understanding of cyber security, rating themselves as ‘average’ or ‘below average’ with poor cyber security practices. Being ahead of the pack in terms of cyber security can be a substantial advantage in your management style, one which could also be attractive for new staff or staff retention.
It is estimated that by 2025, cybercrime will cost approximately $10.5 trillion annually around the world, up from $3 trillion in 2015. This is a rapid increase in response to the rise in cybercrime around the world and different types of attacks becoming more prominent as we move to a digital landscape. According to AustCyber Digital Census of 2020, Australians spent approximately $5.6 billion on cyber security. This figure is predicted to increase to $7.6 billion by the year 2024. All industries are being targeted to a certain extent but more specifically there are repeated offences in the government, health, and education sectors. It is important that you invest in security measures and training for your staff to ensure that your environment can handle attacks from both internal and external sources. By investing time and money into cyber security you will be future proofing your organisation from the risk of data loss and reputation destruction.
Jasco is one of few selected Microsoft certified MCAP partners who excel in cyber security practices. With multiple elements of security, Jasco can create a solution that will best suit your organisation without breaking the bank. Our security experts can audit environments and ensure you are getting a solution that is organisation specific and will future proof your organisation for years to come, not just fix a current problem. Jasco has industry-leading experts in the following areas:
Multi-factor Authentication enables applications to use more than one method of authentication to increase security.
Conditional Access lets you create and define policies that react to sign in events and request additional actions before a user is granted access to an application or service
Microsoft 365 Defender
Threat Protection ensures systems remain protected against exploit, and to notify when attackers access or attempt to access systems.
Azure Identity Protection
A tool that allows organizations to accomplish three key tasks:
1. Automate the detection and remediation of identity-based risks.
2. Investigate risks using data in the portal.
3. Export risk detection data to third-party utilities for further analysis.
Azure Monitor maximizes the availability and performance of your applications and services by delivering a comprehensive solution for collecting, analysing, and acting on telemetry from your cloud and on-premises environments.
Microsoft Defender for Identity
A cloud solution for on-premises platforms that helps protect your enterprise from multiple types of advanced targeted cyber-attacks and insider threats against Active Directory identities.
Enterprise Mobility and Security
Microsoft’s Enterprise Mobility and security is an intelligent and innovative mobility management and security platform. This security-first toolset protects your organisations data across multiple devices, apps, and locations whilst maintaining workplace productivity.
M365 Security Center
Home for monitoring and managing security across your Microsoft identities, data, devices, apps, and infrastructure.
Azure Sentinel delivers intelligent security analytics and threat intelligence across the enterprise, providing a single solution for alert detection, threat visibility, proactive hunting, and threat response.
System Center delivers a simplified datacentre management experience to keep you in control—whether on-premises, in the cloud or across platforms.
Cloud App Security (AppLocker)
AppLocker is a cloud application that helps you control which apps and files users can run.
Microsoft Intune enables you to define a management strategy that fits the requirements of your organisation.
Overall, having a strong security practice is something every organisation should be investing in. Although it may seem like a costly affair for a chance you might never get hacked, it is not worth the risk, company downtime and cost. Companies all over the globe are having their reputations ruined and some are unable to recover after not investing in cyber security solutions. By letting Jasco be a part of your environment, we are able to provide industry best practices into your workforce that is specifically crafted for you. These solutions can also help increase productivity and the efficiency of your organisation. If you are interested in seeing how your organsiations would hold up against an attack reach out below to speak with one of our experts.
All stats have been provided by the ACSC Annual threat report and the Global Risks Report of 2020.