Below is an excerpt from the article “Logistics Sector Far from ‘Ship Shape’ on Cyber Security” as published in the Daily Cargo News (thednc.com). Ignoring the issues of out dated equipment and devices linked to the Internet of Things (IoT), Mimecast found that the greatest problem to cybersecurity in logistics was employee vulnerability. Attacks were…
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Below is an excerpt from the article ‘Toll cyber hack puts pressure on government‘ as published on Financial Review (afr.com). Defence Minister Linda Reynolds has insisted the government is strongly committed to strengthening cyber resiliency across Australian business, following the crippling ransomware attack on logistics giant Toll Group. Jonathan Sharrock, the managing director of Cyber…
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Below is an excerpt from the article on Toll Group as published on Financial Review (afr.com). Freight delivery giant Toll Group is battling to fully restore its services after a crippling cyber attack, which security experts say is the most significant in Australian corporate history, as it faces growing discontent from clients including Telstra, Officeworks…
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Businesses in Australia are being offered Australian Trusted Trader (ATT) status if they comply with a set of regulations. This status provides trading companies with a range of privileges and benefits that any trading company would be advantaged with. Major benefits include increased administrative efficiency through severely reducing bureaucracy, especially with regards to customs and…
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Imagine you’re buying a business. The first step would, of course, be to carry out financial audit to help assess the risk and return profile of the business. You will need to know its current financial position, establish the value of its assets, and make sure it will be stable and viable in the future….
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If the 1990s were when the dream of a hyperconnected world first took hold in the public consciousness, the 2010s are when that dream has become a reality – and, for some, a security nightmare. Analysts estimate that by 2020 there may be more than 50 billion devices connected to the internet. A large portion…
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As digitalisation continues to sweep through established industries, companies are increasingly operating massive IT systems, which may consist of thousands of connected devices and thousands more dependencies on third-party software and applications. This leaves medium and large corporations with an extremely complex array of vulnerabilities to cyberattacks. Gone are the days when corporations could just…
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Security Information and Events Management (SIEM) services are a key part of any modern business. Computer systems are talkative things, with various apps and devices exchanging thousands of bits of information every day, and most of them storing logs detailing their activities. Most of this information is routine and doesn’t need any oversight, but when…
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Over the past decade, the state of near unlimited connectivity characteristic of modern digital technology has produced sweeping changes in the business world, including now in industries such as logistics and utilities, which have traditionally been cautious in their adoption of new technologies. In 2018, however, the benefits of connectivity have become undeniable, and corporations…
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For many companies, particularly those in the logistics and utilities sectors, 2017 was a year of reckoning with a new era of cyber threats. In a year that began with allegations that state-sponsored hacking was used to influence the US Presidential Election, followed hotly by two of history’s most devastating ransomware cyberattacks, WannaCry and NotPetya,…
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