The Financial, Superannuation and Insurance sector are highly regulated and complex environments with a vast array of stakeholders. In addition to meeting governance requirements, the industry has invested heavily in technology to deliver services, tapping into social media and the ‘Internet of Things’ (IoT) to enhance user experience and customer engagement. This investment in technology alongside being a high-profile target has meant a significant change in the business risk profile and exposure to cyber security threats.
As the gatekeepers of valuable customer data and personally identifiable information (PII), financial institutions are subject to ever-increasing cyber security rules and regulations. With pressure from regulatory agencies and the need to protect brand reputation, financial firms are motivated to provide significant investment and collaboration to improve cyber security preparedness, response, and resiliency across the sector.
ISD Cyber have worked with Australian organisations as well as those with a global presence or that have global obligations. This has resulted in a wide variety of services covering: ISO 27001 implementation and compliance audits against the Australian Privacy Act, General Data Protection Regulations (GDPR), CPS234 and the Payment Card Industry Data Security Standard (PCI DSS).