The Armoury - March 2024

Welcome to The Armoury.

Cyber threats are getting sophisticated, and the number and style of threats are on the rise. We understand that your schedule is packed, but staying informed about cybersecurity is a top priority. With The Armoury, we've curated the most relevant and important content from trusted sources. Our team handpicks articles, news items, and tips that you need to know, saving you time and effort while ensuring you have the knowledge to protect yourself and your organisation.

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Stay safe.

Latest Cybersecurity News?

• Proofpoint report highlights human factors as primary drivers of data loss? A recent report by Proofpoint reveals surprising findings on data loss in Australian companies. Contrary to common belief, it's not hackers but rather internal users who pose the biggest risk. Privileged users, particularly in finance and HR, are responsible for most data loss incidents. Departing employees, whether intentional or not, contribute significantly to data exfiltration from cloud environments. Organisations must revise DLP strategies to address human errors and mitigate risks effectively. Source: Cyber Daily News?
• HID's 2024 Security Industry Report? HID, a top player in identity solutions, unveils its eye-opening '2024 State of Security Industry Report.' With input from 2600 users and IT experts, the report shows big changes in security. Mobile IDs are on the rise for safety. Many use Multi-Factor Authentication (MFA) to cover weak passwords. Sustainability is gaining importance. Plus, more are turning to biometrics, cloud-based ID, and AI. Source: SecurityBrief Australia?
• Study finds scam surge erodes Aussies' trust in traditional communication channels?Scams have eroded trust in traditional communication channels among Australians, with over 5 million falling victim. Research by Honeycomb Strategy and Atomic.io highlights the increasing preference for secure in-app messaging, signalling a shift in communication trends. In-app messaging is deemed more trustworthy, particularly in the banking and finance sector, amidst rising concerns about email and SMS-based scams. Source: IT Brief Australia?

Cybersecurity Tips & Best Practices?

• Practice Safe Social Media Habits: Be cautious about the information you share on social media platforms. Avoid posting sensitive personal information such as your full name, address, phone number, or financial details publicly.?
• Educate Employees and Stakeholders: Provide cybersecurity awareness training to employees and stakeholders to help them recognise and respond to cyber threats effectively. Encourage a culture of cybersecurity awareness and accountability throughout the organisation.?
• Implement Endpoint Protection: Use reputable antivirus and anti-malware software on all your devices, including computers, smartphones, and tablets. Make sure these programs are regularly updated and configured to scan for threats automatically.?

Cybersecurity awareness & education?

Did you know??

The first known “wild” computer virus was created in 1982 and was called the "Elk Cloner"? It was designed to infect Apple II systems via infected floppy disks. The Elk Cloner was relatively harmless, displaying a playful poem on the screen rather than causing damage, but it marked the beginning of computer viruses as we know them today.?

Cybersecurity FAQ?

What are the 5 Cs of cybersecurity??

• Change: Cybersecurity adapts to evolving threats, technologies, and environments, requiring organisations to respond effectively to maintain security.?
• Continuity: Ensuring uninterrupted system operation despite cyber threats involves backup, redundancy, and disaster recovery planning for business continuity.?
• Cost: Balancing security expenses with cyber risks is critical. Organisations must assess ROI and allocate budgets wisely for cybersecurity initiatives.?
• Compliance: Meeting legal and regulatory requirements is essential, covering data protection, privacy, security, and reporting.?
• Coverage: Cybersecurity measures protect against threats across systems, networks, and data through risk assessment, vulnerability management, and security controls.?

Cybersecurity Events?

Name of Event: Corinium: CISO Perth 2024?

Location: Perth, Australia?

Date: 16 April 2024?

Register Here?

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Name of Event: Cyber Security Summit: Sydney?

Location: University of Technology Sydney | 15 Broadway Ultimo, NSW 2007 Australia?

Date: 30 April 2024?

Register Here?

Cybersecurity Trivia of the Month?

The term for a cybersecurity attack that involves exploiting a vulnerability in software before it is known and patched by the software vendor is a "zero-day exploit."?

Recent Ransomware Attack?

A ransomware attack recently targeted three district attorneys' offices in New Mexico, severely disrupting their operations. Marcus Montoya, head of the Administrative Office of the District Attorneys (AODA), revealed that the attack rendered their case management system inaccessible. To cope, prosecutors had to resort to an alternative server and manually transfer files to external hard drives for courtroom use. The FBI is actively investigating the incident, with AODA's chief technology officer, Damion Bradford, confirming ongoing efforts. CrowdStrike, a cybersecurity company, initially flagged compromising network activity on 13th March, prompting AODA's investigation.?

Source: Source NM?

Cybersecurity Meme of the Month?

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