Third Party Cyber Security (TPCS)’s Post

For small-to-medium businesses, the financial costs of implementing a cyber security plan may seem prohibitive. Unlike larger organisations that can afford in-house teams and Security Operations Centres, smaller businesses might feel that these measures are too expensive. However, dismissing cyber security can result in even greater expenses. According to the ASD Cyber Threat Report 2022-2023, the average cost of cybercrime has increased by 14%, with small businesses facing average losses of $46,000 per incident and medium businesses $97,200. For these smaller businesses, a single cyber incident can threaten the company’s financial health or even force closure. Our blog shares six consequences of ignoring cyber security … https://buff.ly/3KvlfXe #CyberSecurity #Productiv

When you buy Cyber Essentials with AiMTECH it means you're not just buying a certification; you're gaining a wealth of knowledge and support. Our team is committed to guiding you through every step of the process, ensuring your cyber defenses are strong and your business is secure. Get in touch to discuss more https://smpl.is/8ne9u #CyberSupport #AiMTECH #SecureTogether

They say the clue is in the name, so it wont surprise you that TPCS are experts in measuring the cyber security posture of third party organisations. We also measure what that means to you as a customer, investor or partner of those companies. With that in mind, we have developed a free "Red Flag" assessment tool to help identify significant gaps in an organisations cyber posture. Interested in verifying your portfolio companies cyber posture? Get in touch and we can talk through. https://lnkd.in/dRY2Mei #cyber #redflag #venturecapital #privateequity

So, you have completed your cyber due diligence (hopefully) and invested your capital into a new portfolio company. How do you then ensure the cyber posture of that company matures and grows as the company does?   In fact, when was the last time you measured the cyber strength of all of your portfolio companies or is your capital at risk?   Perhaps you need a cyber "Red Flag" assessment tool.

Creating a Non Operated Joint Venture (NOJV) can be a smart move for companies looking to access valuable assets, mitigate risks, and optimise capital efficiency. However, with NOJVs being independently operated, cyber security standards can vary greatly between the NOJV itself and its shareholders or anchor partners. This could put the stability of the NOJV at risk, as well as the large financial investments made by shareholders and negatively affect offtake agreements. To ensure your NOJV community manages cyber security in an appropriate and consistent way, speak to TPCS about how we can help. Our expertise in assessing, investing, and protecting against cyber threats can help safeguard your NOJV and its valuable assets. ASSESS. INVEST. PROTECT.™ Visit https://lnkd.in/dRY2Mei to learn more about our NOJV cyber services. #NOJV #cybersecurity #riskmitigation #capitaloptimization #industryinfluence #TPCS #AssessInvestProtect

When you buy Cyber Essentials with AiMTECH it means you're not just buying a certification; you're gaining a wealth of knowledge and support. Our team is committed to guiding you through every step of the process, ensuring your cyber defenses are strong and your business is secure. Get in touch to discuss more https://smpl.is/8ne9w #CyberSupport #AiMTECH #SecureTogether

When you buy Cyber Essentials with AiMTECH it means you're not just buying a certification; you're gaining a wealth of knowledge and support. Our team is committed to guiding you through every step of the process, ensuring your cyber defenses are strong and your business is secure. Get in touch to discuss more https://smpl.is/8ne9v #CyberSupport #AiMTECH #SecureTogether

According to StationX, a shocking 73% of US small business owners reported a cyberattack last year, and in all likeliness, not a single one of them expected to be a target. Many small businesses assume that hackers are more interested in large corporations and government entities and that would-be cybersecurity funds could be best spent on other aspects of the business. But cybercrime is on the rise and so is your business’s chance of getting hit. If you are ready to be realistic about the likelihood of a cyber incident and learn what you can do to improve the security posture of your business, click the link in the comments to read “5 Cybersecurity Myths You Need to Debunk” at The Alternative Board (TAB). #tabboards #businesscoaching #smbcybersecruity

Every SME is vulnerable to cybercriminals who are intent on infiltrating their systems, stealing their data, corrupting their files, and costing them thousands or even millions of dollars in ransom and recovery. Many SMEs assume that hackers are more interested in large corporations and government entities and that would-be cybersecurity funds could be best spent on other aspects of the business. But cybercrime is on the rise and so is your business’s chance of getting hit. It is time to be realistic about the likelihood of a cyber incident and what you can do to improve the security posture of your business. Read “5 Cybersecurity Myths You Need to Debunk” at The Alternative Board (TAB). https://bit.ly/3VCWAWT #tabboards #businesscoaching #smbcybersecruity

It can be frustrating when organisations talk a big game about improving things in their industry, but it feels like all talk and no action. So when I heard about National Australia Bank supporting small businesses to amp up their cyber security, I was cynical. But surprise, surprise! NAB is delivering something tangible. They teamed up with CrowdStrike to offer their customers a whole year of Falcon Go for free. Small businesses can be substantially impacted by cyber attacks because they don't have the resources or expertise to protect themselves properly. So, seeing NAB not just talk about it but actually do something to help, deserves praise. They are putting their money where their mouth is, in a good way. If you want to know more about CrowdStrike's Falcon platform, drop me a message. Jacob Hicks, Head of Sales #CrowdStrike #NAB #Cyber