When Prevention Fails: Why Encryption Must Be a Board-Level Cybersecurity Control On 10 February 2026, the Federal Court of Australia ordered financial services firm FIIG Securities to pay a $2.5 million penalty, plus $500,000 toward ASIC’s legal costs, following a 2023 ransomware incident that exposed confidential client data. Approximately 385 gigabytes of sensitive information including
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In today’s data-driven world, information is more than a corporate asset; it’s the lifeblood of operations, customer trust, and business continuity. Yet, despite the rising number of cyberattacks and data breaches, many organizations still store sensitive data in plaintext or use outdated encryption methods. The risks of storing unencrypted data are often underestimated until a
Read MoreRansomware attacks are a nightmare for individuals and businesses alike. They can cripple operations, lead to significant financial losses, and damage your reputation. If you find yourself the victim of a ransomware attack, knowing what to do immediately can drastically improve your chances of recovery. This blog post will walk you through the critical steps
Read MoreIn the age of digital transformation, businesses store and process vast amounts of sensitive data every day. Whether it’s customer details, financial records, or proprietary information, the need to protect this data is more critical than ever. But with cyber threats on the rise, securing this data can be challenging. This is where data masking
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