Why is Essential 8 Compliance Important?

Some of the reasons why the Australian Signals Directorate’s Essential Eight compliance is important for business:

Cyber threats are becoming more common

As technology becomes more prevalent in our daily lives, cyber threats are becoming more common and more sophisticated. Businesses need to take steps to protect themselves from these threats.

Cyber threats are costly

A successful cyber-attack can result in significant financial loss. This can include direct costs, such as the cost of fixing the problem, as well as indirect costs, such as lost business and damage to the company’s reputation.

Cyber threats disrupt operations

A cyber-attack can disrupt business operations, which can result in lost productivity and revenue.

Cyber threats can lead to data breaches

A successful cyber-attack can lead to a data breach, which can result in the loss or theft of sensitive information. This can have serious consequences for the business and its customers.

Compliance

Many businesses are required to comply with various regulations and standards related to cybersecurity, such as ISO, CIS, or NIST. Implementing the Essential Eight can help organisations meet these requirements from the perspective of end users.

Overall, Essential Eight compliance is vital for businesses because it provides a solid foundation for protecting end users against cyber threats.