Stop playing Cyber Security Whack-a-Mole!
27 Aug 2024
The increasing number and sophistication of cyber incursion attempts is stretching corporate IT departments to their limits.
No sooner is one attempt identified and blocked, but another pops up.
Georgia in Accounts just clicked on a bogus link in a phishing email.
Rowan in Marketing is about to send a spreadsheet containing sensitive customer information to a direct marketing agency.
Arush from Sales doesn’t realise the bank account details he’s emailing to HR are about to be intercepted in a “man-in-the-middle” attack.
The CEO’s personal assistant, Grace, doesn’t realise she’s corresponding with an AI bot designed to cleverly gather identity information about her boss.
It’s relentless - a new cyber attack every six minutes! 1
High Stakes
The escalating frequency of incursions means a company’s stressed-out IT team must stay vigilant. In this high-stakes game of cyber security Whack-a-Mole, the cost of failure is simply too high:
the cost of cybercrime to businesses has increased by 14% year-on-year1.
share markets punish companies which fail to safeguard their data2.
class actions – by those whose personal data was stolen, and shareholders seeking compensation for share devaluations – ensue3.
damaged customer trust stymies revenue and market share growth4.
cyber insurance premiums skyrocket5.
Ditch that Rubber Mallet
Wouldn’t it be great if there was a way your team could opt out of the never-ending game of cyber security Whack-a-Mole…? A way to automate your organisation’s cyber defences, assigning cyber sentries to detect and block cyberthieves, whenever and wherever they pop up?
Good news – there is! And it’s surprisingly affordable and effective.
A proactive and layered strategy for storing, transferring and securing data is essential for keeping cyberthieves at bay. The foundation of that approach is a technology called “Managed File Transfer”.
Paired with secure content engines and secure digital rights management, Managed File Transfer (MFT) is the optimal way to prevent data theft and cyber breaches.
An MFT solution such as the class-leading GoAnywhere MFT keeps your organisation’s valuable data safe - at rest, and in transit. Coupled with an Advanced Threat Protection Bundle, it enables organisations to safely collaborate without exposing their systems or team to the risks of malware.
This automated defence system protects your data in three important ways:
1. Prevents files containing malware from being shared.
GoAnywhere with Advanced Threat Protection scans all inbound file transfers. It can also detect and automatically strip out active content like embedded malware, triggered executables, scripts, or macros used to extract or hold sensitive data hostage.
This “sanitisation” of files and emails doesn’t delay delivery, even as it guards against today's leading malware and ransomware (e.g. CryptoLocker, CryptoWall, TorrentLocker, Dridex Dyre, BlackEnergy, etc.) and tomorrow's even more sophisticated threat variants.
2. Blocks sensitive data from being shared.
Files with Personal Identifiable Information or other sensitive data can be prevented from being transferred. GoAnywhere with Advanced Threat Protection can inspect file contents, and then stop and block files from being shared, based on policies you define.
3. Redacts sensitive information from files before transfer.
GoAnywhere with Advanced Threat Protection can ensure sensitive data is neither transmitted nor received, detecting and/or removing geotags, document properties, email addresses, and other metadata from documents, and replacing sensitive text with asterisks.
Using Optical Character Recognition, it can even remove text contained in scanned images.
“The only winning move is not to play” 6.
In today’s interconnected business environment, ever-increasing cyber attacks are inevitable. However, foiling these attacks no longer requires your IT team to play a never-ending game of cyber security Whack-a-Mole.
At Generic Systems Australia, we’ve helped hundreds of business leaders and IT teams across the Asia-Pacific region rest easy, knowing that their valuable data is protected by the automated sentries of GoAnywhere with Advanced Threat Protection.
We can do the same for you. It’s surprisingly affordable, and our Migration Services mean you can keep running your business without disruption as we you transition to a more secure approach.
In fact, we’re so confident in the capabilities and business case for our MFT solutions that we’re prepared to offer you a zero-cost Proof of Concept.
If you’d like to take me up on this offer, or perhaps just discuss how your organisation’s file transfers can be made more efficient and secure, please feel welcome to contact me, Bradley Copson. I’m always happy to have an obligation-free discussion.
At Generic Systems Australia, we’re your local experts in Secure Managed File Transfer.
Sources:
1. Australian Signals Directorate Cyber Threat Report 2023
2. For example, Medibank Private’s share price plunged more than 20% in the weeks following its loss of the personal information of 9.7m Australians.
3. For example, Medibank Private is facing class actions by both shareholders and consumers alleging “breaches of the company’s duty of care to protect consumer information, manage risks and make timely disclosures to shareholders”. Optus Communications is also subject to a class action alleging “Optus failed to protect, or take reasonable steps to protect, the personal information of its current and former customers”.
4. For example, Optus Communications saw its customer growth halved in the quarter following its systems being breached.
5. Australian Financial Review 12 September 2022: “Cyber insurance premiums soar 80pc as claims surge”.
6. A quote from the 1983 John Badham film, “WarGames”.