Data privacy and cyber security services

Despite the rapid rise and dominance of digital businesses across the world, research shows that the middle market does not see digital transformation as a strategic priority. This oversight not only puts their business at risk through loss of market share, but also at risk of business failure if nimbler and more advanced competitors harness digital transformation to seize their market share altogether.

North America and Europe generate approximately 75 per cent of digital content for Internet users worldwide.  Amid weak GDP growth worldwide and flattening of traditional foreign trade and investment, international digital exchanges are rapidly growing.  The challenge is how governance structures can be formed that reconcile 'public welfare' and 'individual privacy'.

How damaging is the KRACK Wi-Fi attack and can it simply be patched with software updates? RSM’s Cyber expert, Michael Shatter (National Director, Security and Privacy Risk Services) catches up with Daimon Geopfert, National Leader of Security and Privacy (RSM US) to discuss the issue further. 

Mind the KRACK - How the KRACK Wi-Fi exploit highlights the core vulnerabilities of the internet. KRACK (Key Reinstallation AttaCK) is a severe replay attack on the Wi-Fi Protected Access protocol that secures Wi-Fi connections and targets the third step in a four-

A blog by Michael Shatter, Director of Risk Assurance Services, RSM Australia. Throughout the evolution of cyber insurance one thing has become clear; defence barriers can never be fully impenetrable and therefore, you are never fully protected. This is what makes insurance the back bone of cyber protection. Organisations of all sizes need to invest in security procedures and tools to make the business as resilient as possible. 'Underinsured' means 'underprepared'. 

The ransomware cyber-attack that took place in May 2017 was unprecedented in scale and affected more that 230,000 computers in 150 countries. The indiscriminate attack on hospitals and government agencies exploited known vulnerabilities in old systems of Microsoft Windows operating systems. Cyber security now supersedes all technology risks for businesses, and this attack shows many have not yet responded to the threat. Some markets boast sophisticated technology and regulations, while others have restricted access to digital infrastructure. No matter where you look, however, there is one constant. In the arms race between cyber criminals and experts, neither party ever draws far ahead.

The Icarus effect: tackling cybercrime complacency Do you know what a cyberattack looks like? Is your organisation prepared to defend itself?

You will have noticed significant media coverage of an outbreak of ransomware globally which impacted 10,000 organisations in over 150 countries including Britain’s National Health Service and automaker Renault.

Most key business processes are now automated and built on technology. Consequently, disruptions from a cyberattack can lead to significant lost sales and productivity, recovery costs and reputational harm. Accounting for business interruption costs is almost as important as mitigating the breach itself, especially as exposure is only expected to increase in the future.