Fight cyber risk with a vCISO. 

In the realm of business, particularly for CEOs and board members of medium-sized enterprises, confronting the unknowns in cyber and digital risks is essential. 

 The adage “what you don’t know can’t hurt you” holds no truth here, in the cyber world, what you don’t know can, indeed, be your biggest threat.

 The digital age, while offering unparalleled opportunities for business growth, also opens the door to new vulnerabilities. 

 Cyber risk and threats range from data breaches and ransomware to more insidious forms of cyber espionage.

 For business leaders, the cyber risk is not just a technical issue; it’s a significant business concern that can impact every aspect of an operation.

 Understanding these risks begins with acknowledgment. 

 Many CEOs and board members are not #cybersecurity experts, and that’s understandable. 

 However, the lack of a direct line of sight into the intricacies of digital risks can leave a business precariously exposed. 

 It’s akin to navigating a ship through foggy waters without a map, the potential for a calamitous event is high.

The responsibility then is two-fold. 

First, there’s a need to cultivate a culture of cyber awareness at the leadership level. 

This means being proactive in understanding the types of digital and cyber risks that could affect the business.

Second, it involves seeking expertise—whether through hiring a Virtual Chief Information Security Officer (vCISO), engaging with cybersecurity firms, or investing in employee training.

The goal is not to transform CEOs and board members into cybersecurity experts, but to ensure they are equipped with enough knowledge to make informed decisions and implement effective strategies. 

This approach is vital for risk mitigation. It shifts the paradigm from reactive to proactive, enabling leaders to anticipate, identify, and address cyber vulnerabilities before they manifest into crises.

The journey towards cyber resilience begins with confronting the unknown. 

For business leaders, acknowledging and actively engaging with digital risks is no longer optional, it’s a critical component of responsible, forward-thinking leadership.

Assess your company’s cybersecurity readiness and take the first step towards a safer digital future. 

Start your journey now at 

Cyber Risks, A Liability Too Great for Organizations to Ignore 

In an era where data breaches and cyberattacks are not anomalies but expected occurrences, addressing digital and cyber risk is no longer optional for organizations.

It’s a pressing necessity.

CEOs and board members, often not experts in cyber and digital realms, face a daunting reality, unaddressed risk is a direct path to liability.

Every organization, regardless of size or sector, is a potential target for cybercriminals. 

The stakes are high – a breach can lead to significant financial losses, legal consequences, and, perhaps most damagingly, a loss of trust among clients, customers, or donors. 

The liability extends beyond immediate financial repercussions. 

It encompasses failure in system security, lapses in data protection, and non-compliance with ever-evolving regulations.

In this context, the question that leaders must grapple with is not whether they can afford to implement a cybersecurity strategy, but whether they can afford not to. 

Cybersecurity is no longer just the concern of IT departments, it’s a critical business issue that requires strategic leadership and informed decision-making.

The cyber risks are multifaceted.

For instance, a data breach can expose sensitive customer information, leading to lawsuits and hefty fines, especially under regulations like the General Data Protection Regulation (GDPR) in Europe. 

System failures can disrupt operations, leading to loss of revenue and damage to the organization’s reputation. 

Non-compliance with industry standards can result in penalties and, more importantly, a loss of customer confidence.

The liability for these cyber risks rests squarely on the shoulders of an organization’s leadership.

It’s their responsibility to ensure that adequate measures are in place to protect against cyber threats. 

This responsibility includes understanding the basics of these risks, even if they are not experts in the field.

So, what can leaders do? 

First, acknowledging the significance of cyber risks is crucial. 

This acknowledgment must translate into action – investing in robust cybersecurity measures, hiring or consulting with experts, and ensuring regular risk assessments and updates to security protocols.

Moreover, fostering a culture of cyber awareness throughout the organization is vital. 

Employees should be trained to recognize and respond to potential threats, as they are often the first line of defense against attacks like phishing.

Another key aspect is developing a comprehensive incident response plan. 

In the event of a breach or failure, having a clear, actionable strategy can significantly mitigate the damage and speed up recovery.

In the digital age, the approach to cyber and digital risks cannot be reactive, it must be proactive and strategic. 

For CEOs and board members, this means taking ownership of these issues, understanding their implications, and actively working to safeguard their organizations. 

The cost of not doing so – in terms of financial, legal, and reputational damage – is simply too high. 

Cybersecurity is not just a technical issue; it’s a critical business imperative.

Do your self assessment – complete the A.C.T.I.O.N. Plan 

Navigating Cyber Risk 

In the ever-evolving digital landscape, understanding and managing cyber risks has become a paramount concern for CEOs and board members of medium-sized businesses. 

Cybersecurity is no longer a domain relegated to IT departments, it’s a strategic business imperative that requires top-level attention and decision-making.

The first step in managing digital risk is identifying it. 

Many businesses operate without a clear understanding of their digital vulnerabilities, whether it’s unprotected customer data, outdated security systems, or staff untrained in cyber threat recognition. 

If you don’t know what your risks are, how can you effectively manage them?

Once risks are identified, they can be managed through various strategies: accepting, avoiding, transferring, controlling, or monitoring the risk. 

Accepting the risk is a conscious decision, often made when the cost of mitigating the risk outweighs the potential loss. 

Avoiding the risk might involve changing business processes or terminating certain risky operations. 

Transferring the risk, typically through insurance, is a common tactic, especially for risks with high potential losses. 

Controlling the risk involves implementing measures to minimize the likelihood or impact of a risk. 

Lastly, monitoring the risk is crucial, as the digital threat landscape is continuously changing.

For medium-sized businesses, where resources may be more limited than in large corporations, the challenge is to balance these strategies effectively. 

This requires a nuanced understanding of the business’s digital footprint and the potential impact of cyber threats.

The responsibility of understanding and managing cyber risks lies with the top leadership. 

It’s a strategic function that goes beyond mere compliance, it’s about safeguarding your business’s future in an increasingly digital world. As a CEO or board member, the onus is on you to lead this charge, ensuring your business is resilient against the cyber threats of today and tomorrow.

𝐀 𝐒𝐭𝐢𝐭𝐜𝐡 𝐢𝐧 𝐓𝐢𝐦𝐞 – 𝐇𝐨𝐰 𝐎𝐛𝐬𝐨𝐥𝐞𝐭𝐞 𝐏𝐥𝐚𝐭𝐟𝐨𝐫𝐦𝐬 𝐂𝐚𝐧 𝐔𝐧𝐫𝐚𝐯𝐞𝐥 𝐒𝐞𝐜𝐮𝐫𝐢𝐭𝐲

Once upon a time, in the world of software development, an aging yet well-known platform was the go-to canvas for crafting cutting-edge applications.

However, these fairy tales of coding often conceal a menacing dragon – Vulnerability.

Let’s delve into why this practice might expose us to unforeseen security risks.

Developers appreciate older platforms for their familiarity and extensive support documentation.

Yet, this perceived comfort zone is a double-edged sword.

As technology evolves, so does cybercrime, creating an ongoing race between security enhancements and new breeds of malware.

Older platforms, sadly, often lag in this race. Patches and security updates may become scarce, or cease altogether, leaving exploitable weaknesses open to cyber attacks.

The mere act of working on an obsolete platform is akin to a ship navigating stormy waters with an outdated map.

Moreover, newer versions of software usually include critical security enhancements developed in response to identified threats.

By choosing to ignore these upgrades, developers inadvertently give cyber criminals a head start.

It’s like choosing to wear a suit of Armor with known weak spots to a battle against an unseen enemy.

Additionally, the integration of applications built on older platforms with modern systems often requires ‘workarounds.’

These can create loopholes that cunning hackers can exploit, compromising the entire network.

In conclusion, while the allure of familiar territory might be tempting for developers, the potential security risks make it a gamble.

As we navigate the evolving cybersecurity landscape, it’s essential to ensure our software doesn’t become a relic of an age past, but a sentinel against future threats.

Don’t leave your business vulnerable to cyber attacks – sign up for our 10 minute tech and cyber check (URL In my Banner) and get the knowledge you need to stay ahead of the curve.

𝐁𝐞𝐲𝐨𝐧𝐝 𝐂𝐨𝐦𝐩𝐥𝐢𝐚𝐧𝐜𝐞 – 𝐀 𝐍𝐞𝐰 𝐃𝐚𝐰𝐧 𝐢𝐧 𝐒𝐌𝐄 𝐚𝐧𝐝 𝐍𝐨𝐧𝐩𝐫𝐨𝐟𝐢𝐭 𝐏𝐫𝐨𝐭𝐞𝐜𝐭𝐢𝐨𝐧 𝐭𝐡𝐫𝐨𝐮𝐠𝐡 𝐑𝐢𝐬𝐤 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭

Let’s embark on a journey of redefining protection for SMEs and Nonprofits!

We’ve often danced to the tunes of compliance, but let’s change the music to the rhythm of risk management.

Why, you ask? Let’s delve into it!

Imagine you’re a sailor.

Compliance is like a checklist to ensure your ship is seaworthy.

Risk Management, on the other hand, is learning how to navigate through storms, understanding the seas, predicting weather changes.

It’s about developing a strategy, not just adhering to rules.

Compliance is crucial, but it’s the starting point, not the endgame.

Every business or non-profit is unique, like snowflakes, with their distinct set of risks.

So why apply a one-size-fits-all compliance strategy?

Let’s shape risk management approaches that fit your organization’s silhouette like a well-tailored suit.

By understanding your unique vulnerabilities, you’re not just meeting a standard – you’re setting your own.

Compliance keeps you in the race, but effective risk management propels you ahead of the pack.

It’s an evolving process that takes into account the changing landscape of threats and equips you to face them head-on.

Remember the fable of the boy who cried wolf?

A single-minded focus on compliance is like always preparing for a wolf that may never come, while ignoring the other threats lurking in the shadows.

Risk management helps identify and prepare for all potential threats, not just the proverbial wolf.

Business isn’t about walking on eggshells, it’s about growth, expansion, and innovation.

Let risk management be the pillar supporting this journey, helping you build resilience and a robust protective shield for your venture.

The world is spinning fast, with threats evolving every day.

It’s time we put down our compliance binoculars and pick up the telescope of risk management.

Ready to hop on this voyage?

Next stop – a safer, secure business ecosystem for SMEs and nonprofits!

𝐖𝐞𝐥𝐜𝐨𝐦𝐞 𝐭𝐨 𝐭𝐡𝐞 𝐠𝐫𝐚𝐧𝐝 𝐜𝐢𝐫𝐜𝐮𝐬 𝐨𝐟 𝐜𝐲𝐛𝐞𝐫𝐬𝐞𝐜𝐮𝐫𝐢𝐭𝐲 𝐫𝐢𝐬𝐤 𝐦𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭!

Picture yourself as the ringmaster of a high-wire act, with your business’s safety dancing on the thin line of #cybersecurity.

Daunting, isn’t it?

But don’t worry, we’ve got a list of best practices that’ll turn you into a cybersecurity maestro.

So, sit tight, grab a bag of popcorn, and let’s get started!

Be the Fortune-teller:

Anticipate risks before they unfold. It’s not about having a crystal ball, but a robust risk assessment process.

Identify your most sensitive data, where it resides, and what threats could cause it to tumble.

Invest in an Armor:

Shield your business with the right tools.

Firewalls, antivirus software, encryption – they’re the knights in shining armour in your cybersecurity kingdom.

Train Your Troops:

Your employees are both your first line of defence and your biggest vulnerability.

Train them to spot phishing emails, use strong passwords, and avoid risky online behavior.

Remember, cybersecurity is a team sport!

Have a Plan B (and C, and D…):

Sometimes, even the best acts falter.

That’s why you need a disaster recovery plan.

Should a breach occur, a strong plan will help you bounce back into the spotlight.

Update, Patch, Repeat:

Would you wear a suit of armor with missing pieces into battle?

Absolutely not!

So, always keep your systems updated and patched.

Monitor like a Hawk:

Regularly monitor your networks and systems.

Catch threats before they cause a tightrope walker’s tumble.

Vendor Vigilance:

Ensure your third-party vendors follow strong cybersecurity protocols.

You don’t want a security mishap from their end causing chaos in your circus.

Prepare for the Worst:

Cyber insurance can save you from a tight spot.

It won’t prevent the high-wire act from falling, but it’ll cushion the fall.

We’ve done our part, shared the secrets of the trade.

Now, it’s time for you to step up, tame the cybersecurity lions, and ensure your business walks the tightrope safely, turning your grand circus into a grand success!

𝐂𝐲𝐛𝐞𝐫𝐬𝐞𝐜𝐮𝐫𝐢𝐭𝐲 – 𝐏𝐥𝐚𝐲𝐢𝐧𝐠 𝐑𝐮𝐬𝐬𝐢𝐚𝐧 𝐑𝐨𝐮𝐥𝐞𝐭𝐭𝐞 𝐰𝐢𝐭𝐡 𝐘𝐨𝐮𝐫 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬

In the grand scheme of business operations, the idea of dedicating a mere 0.5% of revenue to cybersecurity might appear as a token gesture, a nod to the perceived threat rather than an actual stance against it.

But consider this – are you willing to turn a blind eye to a lurking shadow that might consume 20 to 50% of your revenue?

You might have created a fortress of excellence in your industry, but if you’re not fortifying that fortress with robust cybersecurity, you’re playing a dangerous game of Russian Roulette with your business.

Each spin of that loaded cybersecurity revolver increases your chances of a debilitating misfire.

Recovering from a cyber breach isn’t as simple as flicking a switch.

It’s akin to rebuilding a levelled city, brick by brick, at enormous cost.

You’re looking at a potential 20 to 50% chunk of your revenue being syphoned away, as you scramble to patch holes, rebuild systems and restore lost data.

It’s like finding yourself on a sinking ship and realizing that the cost of the lifeboat was too high in your initial budgeting.

But the monetary cost, colossal as it might be, pales in comparison to the blow a breach can deliver to your reputation.

Once the pillar of trust between you and your clients has been shattered, the process of rebuilding it is slow and excruciating.

The lingering shadow of a cyber breach can take years to dissatisfy, during which your bottom line will bear the brunt of the damage.

Cybersecurity isn’t just a budget line item or a box to be checked.

It’s a robust wall that stands between your thriving business and the chaotic realm of cyber threats.

It’s a commitment to the sanctity of your data, the trust of your clients, and the future of your organization.

It’s not about questioning if a 0.5% investment is enough, but rather, asking ourselves if we can afford the cost of not investing more in cybersecurity.

Is a loaded revolver a risk you’re willing to take with your business?

How does an Australian nonprofit get back to business as normal after a cyber event?

Getting back to business as normal after a cyber event can be a challenging process for any organization, including nonprofit organizations in Australia.

Here are some steps that nonprofits can take to resume operations after a cyber event:

Restore critical systems:

Nonprofits should prioritize restoring critical systems and data first.

This may involve rebuilding or repairing IT systems and data backups.

Conduct security assessments:

Nonprofits should conduct security assessments to identify any vulnerabilities and ensure that security measures are up to date.

This may involve hiring a cybersecurity expert to perform an assessment or using a security software tool.

Communicate with stakeholders:

Nonprofits should communicate with stakeholders, including donors, partners, and staff, about the incident and its impact.

This can help maintain trust and transparency with the organization’s supporters and minimize reputational damage.

Review response plan and policies:

Nonprofits should review their response plan and policies to identify areas for improvement.

This can include revising the response plan to address any weaknesses identified during the incident.

Provide training and education:

Nonprofits should provide ongoing training and education to staff to ensure they are aware of the latest cyber threats and know how to prevent future incidents.

Monitor systems:

Nonprofits should monitor their IT systems and data for any unusual activity or anomalies.

This can help identify potential security incidents before they become major problems.

Review insurance coverage:

Nonprofits should review their insurance coverage to ensure they have adequate coverage in the event of a future cyber incident.

Recovering from a cyber event can be a complex and time-consuming process.

Nonprofits can benefit from seeking advice and assistance from cybersecurity experts and regulatory authorities to ensure they are taking appropriate steps to resume operations and prevent future incidents.

By taking proactive steps to prevent cyber incidents and being prepared to respond if an incident occurs, nonprofits can minimize the impact of cyber threats and continue to fulfill their mission.

3 reasons that cybersecurity is in the state it is!

Cybersecurity is at a low level for several reasons.

One reason is that organizations, governments and individuals are not investing enough in cybersecurity measures.

This can include not allocating sufficient budget or resources for cybersecurity training, hiring, and technology.

Another reason is that many organizations and individuals do not have a clear understanding of the cyber threats they face, and as a result, do not prioritize cybersecurity.

Additionally, many companies and individuals are still using outdated software, hardware and systems that are vulnerable to cyber-attacks which could have been prevented if they were updated.

Furthermore, the sophistication and complexity of cyber attacks are increasing at a faster rate than organizations and individuals can keep up with.

All these factors combined have led to the current low level of cybersecurity.

Lowest entry-level ever

Today, the entry-level for cybercrime is at an all-time low.

This is due in part to the increasing availability of easy-to-use tools and resources that allow individuals with little technical expertise to engage in cybercrime.

For example, there are now numerous online forums, tutorials, and hacking tools that can be easily accessed and used by anyone with an internet connection.

Additionally, the rise of the dark web has made it easier for individuals to purchase and use malicious software, such as malware and ransomware, for criminal activities.

Furthermore, the increasing use of automation and AI in cybercrime has made it easier for cybercriminals to launch large-scale attacks and target a wide range of victims.

All these factors have led to the lowering of the entry-level and increase of cybercrime which is a major concern for organizations, governments and individuals.

Education and training from the wrong direction

Education and training that is delivered in a top-down manner, where the information and knowledge is passed down from the top level of an organization to the bottom, can fail for several reasons.

One of the main reasons is that it does not take into account the unique needs and perspectives of the individuals or groups who are being trained.

The information may not be tailored to their specific role or level of understanding, making it difficult for them to apply it effectively in their work.

Additionally, top-down education and training can lead to a lack of engagement and buy-in from the individuals or groups who are receiving the training.

Without their active participation and interest, the training may not be as effective in achieving its goals.

A bottom-up approach, on the other hand, is more inclusive and empowering, and it starts with the needs and perspectives of the individuals or groups who are being trained, ensuring that the training is more relevant and meaningful to them.

Software was written for the first to market, not as a secure platform

Software that is written with the primary goal of being the first to market may not prioritize security.

This means that the software may have vulnerabilities or weaknesses that can be exploited by cybercriminals or hackers.

These security flaws can lead to data breaches, loss of sensitive information, and other types of cyber attacks. Additionally, software that is not designed with security in mind may not comply with industry regulations or standards, which can lead to legal and financial repercussions for the company that developed the software.

To avoid these issues, it is important for companies to balance the need for speed to market with the need for a secure and compliant software platform.



Artificial intelligence (AI) will have a significant impact on both cybersecurity and cybercrime.

On the cybersecurity side, AI can help organizations and individuals detect and respond to cyber threats in real time, by using advanced machine learning algorithms to analyze large amounts of data, identify patterns, and make predictions about potential attacks.

Additionally, AI-based systems can also be used to automate many security processes, such as patch management and incident response, which can help organizations and individuals become more efficient and effective in defending against cyber attacks.

On the other hand, AI can also be used by cybercriminals to launch more sophisticated and automated attacks, such as spear-phishing, social engineering, and malware campaigns.

AI-based malware can also be designed to evade detection by traditional security systems and can spread quickly across networks.

Additionally, AI can also be used to enable new forms of cybercrime, such as deepfake generation, which can be used to impersonate individuals or organizations in order to steal sensitive information or money.

Therefore, AI can have a significant impact on both cybersecurity and cybercrime and it’s important for organizations and individuals to stay aware and adapt to the new technology.

No one waits for a car accident before investing in insurance why would cyber insurance be any different

The use of technology has become an integral part of our daily lives.

From the way we communicate with others to the way we conduct business, technology has transformed nearly every aspect of modern society.

As a result, the risk of cyber-attacks and data breaches has also increased significantly.

Unlike car accidents, which are typically one-time events, cyber attacks can have long-term consequences.

They can result in the theft of sensitive personal and financial information, damage to a company’s reputation, and even legal action.

The costs associated with these types of attacks can be substantial.

This is where cyber insurance comes in.

We invest in car insurance to protect ourselves in the event of an accident, cyber insurance can provide protection against the financial consequences of a cyber-attack.

It can help cover the costs of recovering from an attack, such as legal fees, data restoration, and public relations efforts.

There are several reasons why people and businesses should consider investing in cyber insurance.

It provides financial protection in the event of a cyber attack.

It’s impossible to completely eliminate the risk of a cyber-attack, but having insurance can help alleviate some of the financial burdens that comes with dealing with the aftermath.

Another reason to consider cyber insurance is the increasing frequency of cyber attacks. It’s not a matter of if a company will be attacked, but when.

There are potential legal consequences to consider.

A company may be held liable for a data breach if it fails to adequately protect customer data.

Cyber insurance can help cover the costs of legal action and settlements, which can be substantial.

Despite the clear benefits of cyber insurance, many people and businesses still don’t invest in it.

This may be due to a lack of awareness about the risks of cyber-attacks and the potential consequences.

Others may believe that their company is too small to be a target or that they have sufficient in-house security measures in place.

It’s important to remember that cyber attacks can happen to anyone, regardless of size or industry.

Small businesses and non-profits are often targeted because they may have fewer resources to devote to cybersecurity.

Cyber insurance can provide an extra layer of protection against the unexpected.

No one waits for a car accident before investing in insurance, it’s important not to wait for a cyber attack before considering cyber insurance.

The risks of a cyber attack are real and the consequences can be severe.

Don’t wait until it’s too late – consider cyber insurance for your business today.