The power of your technology stack

Stacey Lewis Date published: Feb 22, 23

All businesses use technology to improve collaboration and communication, but the risk and privacy concerns faced by businesses and individuals alike are rapidly growing. However, by leveraging the right technology stack, it's possible to master these challenges and take control of your risk and privacy. From data encryption to access controls, there is a multitude of tools and techniques that can help you protect your sensitive information and reduce your exposure to cyber threats.

In this blog, we explore why having the latest technology and best practices for mastering risk and privacy will help you navigate the uncertain landscapes with confidence and peace of mind.

Implementing the right processes and technology to capture all business information

Having the right processes and technology in place is crucial to capturing all your important business information, especially when employees inevitably leave the company. This helps to ensure that the transition is smooth, and that critical knowledge and data are not lost, resulting in duplication of work, missed deadlines, missed opportunities and more. You can avoid this by using tools and systems, such as data backup and recovery solutions and document management systems.

Having a clear plan for capturing and transferring knowledge helps reduce the risk of data breaches and loss of sensitive information. It's essential to regularly review and update your processes to keep pace with the evolving technology landscape and to ensure that your business remains protected.

The importance of PAM, enterprise security, single source of truth

Password and Access Management (PAM) is a critical component of enterprise security, as it ensures that sensitive information is protected from unauthorised access. It is important to implement robust PAM systems that provide secure and centralised control over passwords and access to sensitive data. This not only helps to reduce the risk of cyberattacks but also ensures compliance with relevant regulations and standards.

Having a single source of truth (SSOT) for your data and systems is also essential for effective risk and privacy management. It means having a centralised repository of all of your data that is consistent, accurate, and up to date. By having an SSOT, you can minimise the risk of data inconsistencies and ensure that your data is accurate and reliable. Putting the right processes and technologies in place means you can be confident that your data is secure and protected and can effectively manage who sees what, the changes they make, what they do with the information and why.

Internal and external collaboration

Collaboration is a key aspect of modern business, as it allows organisations to work together more effectively to achieve common goals. However, it is important to ensure that this collaboration is carried out in a secure and private platform to protect sensitive information and reduce the risk of cyber threats. This requires a combination of the right technologies and processes so that nothing is lost or breached. For example, using encrypted messaging and email systems, as well as implementing access controls and data protection measures, can help to keep sensitive information safe. In addition, it is important to collaborate not only internally, but also with external partners and stakeholders, to ensure that everyone is working towards the same goals and that information is shared effectively.

By taking a holistic approach to collaboration and security, businesses can maximise the benefits of collaboration while minimising the risks.

The Future-Ready Digital Collaboration Summit

Join us at The Future-Ready Digital Collaboration Summit with Julian Talbot, an enterprise security and risk management expert, who will deliver an in-depth thought-provoking talk highlighting the importance of security and privacy in collaboration.

Session talking points:

• Having the right processes and technology in place to capture all business information, especially when people leave the business
• Importance of PAM, enterprise-grade security, Single Source of Truth
• There is always a need to collaborate both internally and externally, but it needs to be in a secure, private setting 

About Julian

Julian is an experienced enterprise security and risk management expert with 35 years of experience in the commercial, government, and non-profit sectors in Australia and internationally. He's also the lead author of the Security Risk Management Body of Knowledge (SRMBOK). Julian holds a Master of Risk Management, is a Graduate of the Australian Institute of Company Directors, Australian Security Medal, is a Certified Information Systems Security Professional, and Fellow of the Institute of Strategic Risk Management.

His experience includes enterprise security risk assessments and enterprise risk management projects for some of the world's largest organisations. He is also a co-founder of several start-ups, including the $350M Citadel Group Ltd, where he was responsible for delivering the largest records management system in the southern hemisphere for the Australian Department of Defence.

Learn how to master risk and security by leveraging your tech stack

Register now for the Future-Ready Digital Collaboration Summit, on 15th March 2023.