Staying Ahead of Cyber Threats: Effective Planning Is Imperative
In an era of escalating cybercrime sophistication, board directors must proactively invest in cyber resilience to stay ahead of threats. With cloud exploitation surging and “breakout time” of cybercriminals reduced to less than 90 minutes, the need for swift and effective cybersecurity response measures is greater than ever. Understanding the Threat Landscape The 2023 Global […]
Keep your flight plans safe from ticket scammers
As you prepare to jet off for a well-deserved vacation, the last thing you want to worry about is falling victim to a cyber scam. However, as technology advances, so do the tactics of scammers. Currently, several travel-related scams are gaining traction, targeting innocent holiday-goers. At 4Walls, we’re committed to helping you stay safe and […]
Understanding Identity Theft: Prevention, Detection, and Recovery
What is Identity Theft? Identity theft is a form of fraud where a criminal wrongfully obtains and uses another individual’s personal data in some way that involves deception, typically for economic gain. This data often includes sensitive information such as your name, address, date of birth, and most crucially, your financial account details. In recent […]
Boards Must Take Responsibility for Cybersecurity: Learning from the HWL Ebsworth Hack
The cybersecurity landscape is changing rapidly, and with it, the responsibilities of those in leadership positions. Recent cyberattacks on various industries in Australia have highlighted this new reality. One such instance is the HWL Ebsworth hack, a case that reveals the importance of board members and executives in proactively addressing cybersecurity. The HWL Ebsworth Hack […]
How to Use Multi-Factor Authentication: A Comprehensive Guide
Multi-factor authentication (MFA) is an essential component of comprehensive cybersecurity. By requiring multiple verification methods, MFA offers superior protection against unauthorised access to your accounts. This guide will explain the concept of MFA, discuss the mechanics behind rotating codes, and provide a general overview of setting it up across various platforms. Understanding Multi-Factor Authentication Before […]
How to Use a Password Manager: A Comprehensive Guide
Introduction Managing multiple accounts and passwords can be overwhelming. This guide will show you how to use a password manager, a simple tool that simplifies password management and enhances your online security. What is a Password Manager? A password manager is a digital tool that securely stores and manages your passwords for various online accounts. […]
Lessons and Solutions from APRA’s Cyber Resilience Study
The Australian Prudential Regulation Authority’s (APRA) recent cyber resilience study offers valuable insights that can serve as a roadmap for all businesses, regulated or not. Below are the key gaps identified by APRA along with guidance on how to address each. 1. Identification and Classification of Information Assets A significant gap identified in many entities […]
Hard Lessons in Cyber Resilience: Analysing the Medibank Data Breach and Its Aftermath
In October 2022, Medibank, one of Australia’s largest health insurers, suffered one of the most significant data breaches ever reported in the country, impacting basic account details of 9.7 million current and former customers. This devastating cyber incident has left the corporation facing repercussions not just in terms of reputation but also financially, as announced […]
The Role of Board Cyber Event Simulations in Effective Risk Management
Introduction Effective risk management is crucial for boards in navigating the complex realm of cyber threats. Board cyber event simulations have emerged as essential tools in assessing and fortifying an organization’s cyber defenses. In this blog post, we delve into the significance of these simulations in enhancing risk management for boards and strengthening their cyber […]
The Critical Cybersecurity Queries for Board Directors
As cyber security concerns continue to evolve in complexity and magnitude, they have undeniably moved from the confines of the IT department to the forefront of strategic boardroom discussions. The responsibility of safeguarding an organisation’s digital assets and ensuring its preparedness to defend, respond to, and recover from cyber threats rests on the shoulders of […]