As cyber threats continue to evolve and grow in sophistication, safeguarding your business against potential risks has never been more crucial.
We’re excited to invite you to our cybersecurity event designed specifically for businesses like yours, where you will hear from Ashwin Pal – Cyber Security and Privacy Specialist at RSM.
Ashwin will highlight changes in the Legislative landscape surrounding Cyber, the most impactful of these is the Small Business Exemption. Previously businesses needed to have a turnover of $3m or higher to have to adhere to the Privacy act, this has now been reduced to $0.
According to the results from the ACSC Small Business Survey, 62 per cent of respondents have experienced a cyber security incident. In 2022/23 the cost of cybercrime to businesses increased by 14% compared to the previous financial year.
Small businesses experienced an average financial loss of $46,000, while cybercrimes cost medium businesses an average of $97,200, highlighting the hefty price to pay for not doing enough to mitigate this threat.
Join us for a facilitated discussion around this topic and connect with fellow business professionals also navigating this everchanging environment.
- Gain insights into the latest cybersecurity threats and trends affecting businesses today.
- Learn practical strategies and best practices for enhancing your organisation’s security posture.
- Discover innovative technologies and tools to mitigate risks and safeguard your valuable assets.
- Understand the implications of recent legislative changes, including the significant requirements around transparency, collection, use and disclosure of personal information.
- Recent court rulings of interest, such as from the ACT Civil & Administrative Tribunal which discussed a case of invoice fraud and the impact to businesses working within supply chains.
 |
Date: Wednesday 27 March 2024 |
|---|
 |
Time: 12.00pm for 12.30pm start – 2.00pm |
|---|
 |
Venue: QT Canberra, 1 London Cct, Canberra ACT 2601 |
|---|
(Please advise of any dietary requirements upon RSVP)
For any further information, please do not hesitate to contact Stephanie Grabianski.
MEET THE SPEAKER
Ashwin Pal
Partner – RSM Australia
Ashwin Pal is the Director of Cyber Security at RSM Australia.
He has over 20 years of experience in cyber security, risk management, and IT governance. Ashwin is passionate about providing solutions to his clients and has worked alongside many industries including energy and utilities, government, health, mining and manufacturing.
Legal - RSM Australia Pty Ltd
RSM Australia Pty Ltd , RSM Australia Partners and RSM Financial Services Australia Pty Ltd are members of the RSM network and trade as RSM. Liability limited by a scheme approved under Professional Standards Legislation. RSM is the trading name used by the members of the RSM network.
Each member of the RSM network is an independent accounting and advisory firm each of which practices in its own right. The RSM network is not itself a separate legal entity of any description in any jurisdiction. The RSM network is administered by RSM International Limited, a company registered in England and Wales (company number 4040598) whose registered office is at 50 Cannon Street, London, EC4N 6JJ.
The brand and trademark RSM and other intellectual property rights used by members of the network are owned by RSM International Association, an association governed by article 60 et seq of the Civil Code of Switzerland whose seat is in Zug. Any articles or publications contained within this website are not intended to provide specific business or investment advice. No responsibility for any errors or omissions nor loss occasioned to any person or organisation acting or refraining from acting as a result of any material in this website can, however, be accepted by the author(s) or RSM International. You should take specific independent advice before making any business or investment decision.
© 2021 RSM International Association.
All rights reserved.