Analysis: Firms Prioritize Two Things for Cybersecurity

Analysis: Firms Prioritize Two Things for Cybersecurity. Cybersecurity companies in Australia have worked with different companies to focus on protecting their clients’ businesses and complying with regulations, based on a recent analysis. The Australian Cyber Emergency Response Team (AusCERT) studied how the industry landscape for online security has changed in recent years. It discovered a growing trend among companies’ senior management, which has begun to acknowledge the need for tighter online security. Their actions come at the right time due to the growing number of threats, such as identity theft, malware, and phishing attacks. Top Priorities. New regulations have led most businesses in the country to adopt stricter cyber security for their operations. An example involves the Notifiable Data Breaches Act that was launched in 2017. Australian companies need to report any instance of data breaches to the Office of the Australian Information Commissioner and inform affected individuals if the incident compromises their personal information.