The Evolving Landscape of Cyber Threats: What You Need to Know for 2024

Don’t be in the 80% of SME business that fall into these statics because they don’t have standalone Cyber Protection Insurance.

$

Billion

Estimated yearly cost of cybercrimes to Australian business.

%

48% Of Insurance Policies are NOT paid due to non-compliance

$k

The average cost of a cyber attack to a small business.

Billion

Billion Breaches annually and growing

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The Evolving Landscape of Cyber Threats: What You Need to Know for 2024

The future can always look slightly unsettling, especially when it comes to cyber threats and protecting your business. Sure, we can worry about it, but that won’t help anything. Instead, we should aim to understand the evolving landscape of cyber threats, so we can be as prepared as possible in the event of a cyberattack on our organisation.

In this post, the team at Real Innovation Group outline the evolving landscape of cyber threats, and why ICT support that’s insured is such a crucial part of your business.

The future can always look slightly unsettling, especially when it comes to cyber threats and protecting your business. Sure, we can worry about it, but that won’t help anything. Instead, we should aim to understand the evolving landscape of cyber threats, so we can be as prepared as possible in the event of a cyberattack on our organisation.

In this post, the team at Real Innovation Group outline the evolving landscape of cyber threats, and why ICT support that’s insured is such a crucial part of your business.

Mobile device management

Businesses are turning increasingly mobile, with more and more employees working from home or from remote areas. So it’s only natural that we discuss mobile device management in this post. Mobile devices are a key target for cybercriminals, as the increase in Internet of Things (IoT) devices poses an increased risk to network security.

Don’t worry – this doesn’t mean you’ll have to pull all your remote workers back into the office, and start using typewriters again instead of laptops. All it means is that your cyber security team should focus more and more on mobile device management.

  • Endpoint security
    Including all mobile devices on the same network is important for endpoint security – a system which constantly scans mobile and remote devices to identify threats early on. When endpoint solutions find suspicious behaviour, they quickly alert security teams, so threats are removed before they can do any damage.
  • VPN usage
    Using a virtual private network (VPN) is another highly valuable part of mobile device management as a way to safeguard your organisation from the evolving cybercrime landscape. A VPN is an encrypted connection between a device and a network. Transmitting between the two safely, a VPN prevents unauthorised people fromeavesdropping on traffic and allows the user to safely work in a remote environment. 
  • Email security
    Email is often the most common way attackers launch ransomware and other malware. Proper email security is a great way to defend your mobile devices against a ransomware attack. Advanced email security involves preventing data loss, blocking and detecting threats and securing important information in transit with end-to-end encryption.
  • Cloud security
    With Australian businesses going increasingly mobile, clouds are a great way to store data and communicate – but they’re also a prime target for for cyberattacks. Investing in better cloud security for 2024 is a move that many Australian businesses will need to make.

Real Innovation Group cyber insurance

You can take all of these mobile device measures, but still fall victim to a cyber-attack. After the recent Medibank, Optus and Telstra hackings, it’s made getting cyber insurance a lot more difficult. Our ICT support is fully insured. We put out money where our mouth is in the fact that there is no excess to pay, ever! We’re that confident in our cyber security abilities.

Real Innovation Group provides comprehensive ICT Support that comes with included insurance – meaning you won’t have to worry about any additional costs. Experience proactive issue prevention, access cutting-edge solutions, and enjoy cost savings when you engage with Real Innovation Group’s expert team for top-tier cybersecurity services backed by insurance.

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