EDUCATION INDUSTRY
Cyber Threats: Top Hackers threatening Higher Education Institutions right now!
Who are these gold miners, and what do they have to gain?
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Our forensic capability is integrated with our wider advisory services – not an add-on.
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Cyber Advisory
Our Cyber Advisory service is designed to help you identify, protect, detect, respond and recover from cyber-attacks.
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We assist both public and private sector organizations to adapt to the shifting tourism environment.
We know that every organisation is different. We offer your organisation advice and tailored solutions based on our Education Sector expertise to meet its...
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Business Consulting
We provide fit-for-purpose solutions to address major challenges the Education sector faces by supporting our clients.
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Its important to ensure that the institution complies with the tax legislation and that all payroll records are accurate and complete.
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Programme Assurance & Advisory
The need for sound project management and effective solution delivery gives you the edge in competitive markets.
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Forensic Services
Fraud detection review and forensic investigation for Higher Education
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Digital and Analytics
The digitalisation of processes within the higher education sector leads to increased data generation. This data can be an essential asset when leveraged correctly.
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Cyber Security Services
There is no one-size-fits-all security solution to preventing all attacks, but we have cybersecurity strategies that education institutions can use to minimise cyber threats.
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1 min read
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03 Oct 2022
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SDG Impact Standards Training Course
Addressing Cybersecurity Challenges in 2024
Strategies and Recommendations
In the rapidly evolving realm of technology, cybersecurity stands as a paramount concern for organisations globally. As we delve close to the halfway mark of 2024, the landscape presents several challenges that demand proactive measures and strategic planning. This research paper delves into the most pressing cybersecurity challenges faced by organisations and offers recommendations for mitigation. The challenges analysed include the cyber workforce shortage, generative AI attacks, the cost of cyberattacks, and the necessity for cybersecurity transformation.
Recommendations encompass promoting cyber education, enhancing awareness about social engineering tactics, crisis simulations for incident response preparedness, fostering collaboration, and empowering employees as the frontline defence. Embracing these strategies is imperative for organisations to fortify their cybersecurity defences and mitigate evolving threats.
Cybersecurity threats continue to escalate, posing significant risks to businesses, governments, and individuals alike. In this paper, we delve into the challenges that organisations confront in 2024 and propose strategies to enhance their security posture. The ever-changing nature of cyber threats necessitates continuous adaptation and proactive measures to safeguard sensitive data and critical infrastructure.
The Evolving Threat Landscape: Why Cybersecurity Matters More Than Ever
The Cybersecurity team at SNG Grant Thornton understands the ever-present threat landscape organisations face in today's digital world. Malicious actors, ranging from sophisticated nation-states to financially motivated cybercriminals, constantly evolve their tactics, relentlessly seeking to exploit vulnerabilities in your systems and applications. The consequences of a successful cyberattack can be devastating, leading to:
- Data breaches: Sensitive information like customer data, financial records, and intellectual property can be exposed, leading to significant financial losses and reputational damage.
- Financial losses: Businesses can incur significant costs due to downtime, data recovery, regulatory fines, and legal fees associated with cyberattacks.
- Reputational damage: A cyberattack can erode public trust and damage your brand reputation, making it difficult to attract and retain customers and partners.
- Operational disruption: Cyberattacks can disrupt critical business operations, causing loss of productivity, revenue, and customer satisfaction.
Traditional external audit/assurance processes often focus on financial health and internal controls but may not delve deeply into the specific vulnerabilities and risks posed by the digital environment. This leaves organisations exposed to significant cyber threats.
So what are the key cybersecurity challenges in 2024? Please download our latest article to learn more about the challenges, plus strategies and recommendations to implement in your business.
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