In 2014, the Government of Australia made a momentous decision to define a cloud first focus for the nation, by creating the Australian Government Cloud Computing Policy. The primary objective being to digitise key citizen functions that need easy accessibility while guaranteeing safety and security of the data involved. Through this policy, the Government aims at consolidating the nation’s fragmented IT infrastructure via cloud architecture. Due to the innate nature of the cloud itself, it can help the Government increase the speed of delivering new platforms, allowing for continuous improvement and provide easier access to services. It can also reduce the effort required for maintenance, allowing agencies to refocus that effort into improving service delivery. Finally, Government entities would be able to get the space to innovate by leveraging the massive data storage capacity and augmented flexibility, provided by this policy.
While security is always a key consideration for organisations moving to the cloud, Government cloud requirements are even more stringent. After all, we live in a world where trust in Government is easily lost and hard to gain.
The reason for this rigour is that Government entities are managing public data - much of which could be considered PII (Personally Identifiable Information), which is protected by various laws throughout the world. This additional requirement for structure can make it even more difficult for Government to adopt cloud-based solutions. Therefore, to ensure that the Australian Government truly benefits from using the cloud, a thorough certification process was created. Also, Government agencies and partners have the additional responsibility of being mindful of what data is moved to the cloud. They also need to ensure that it is protected at the right levels, while catering to the nation’s cyber security requirements.
This is where Vault plays a pivotal role. We are proud to be one of the few organisations whose cloud-based services are approved to store ‘Protected Data’. Vault assures you that the data stored with us is sovereign and under the Australian jurisdiction and that no other country has access to it.
Cyber Crime is going to become one of the biggest threats to humanity in the next two decades.
According to IBM’s study on Cost of Data Breach, the cost of data breach in 2017 in Australia alone, was estimated to be $2.51 million with 47% of this being attributed to malicious or criminal attack.
In addition to this, Data Insider reveals that 95% of the records that were breached in 2016 are attributed to three key industries: Technology, Government and Retail. To make things worse, the average cost of a data breach in 2020 could top $150 million, according to Delta Systems. This includes the cost of any data losses, the cost of data clean-up and notification, as well as any lawsuits that could come from the public sector’s loss of Personally Identifiable Data (PII).
At Vault, we take cybersecurity seriously. It is our mission to keep your data secure from both state and non state threat actors. While it may appear that localised systems offer higher levels of security than cloud systems, the opposite is actually true.
Infact, legacy systems can be difficult to implement and are quite unreliable, with multiple potential entry points and opportunities for a security breach. Despite this, many businesses take huge risks and rely on these on-premise legacy systems to store large quantities of data – the only protection being a locked door! You cannot afford to expose your valuable data to this security system.
A 2018 IT Governance report shows that it usually takes an average of 206 days to detect a single incident of data breach. Also, the average cost of identifying a breach within this time is $5.99 million, but for breaches that took longer to identify, the average cost rose to $8.70 million.
As cyber crime takes an ultra sophisticated avatar, measures adopted to fight against such threats also need to be equally canny. At Vault, we research effective ways to improve physical and digital security for your data. Using cloud technology, Vault offers multiple layers of security. Vault's secure cloud platform natively embeds security controls to meet stringent security requirements while providing extensive scalability and flexibility, whilst remaining cost effective.
Let our security professionals discuss with you the specifics around the near-term and long-term threat landscape and how we can protect your valuable assets.
Contact us at (02) 6190 0000 today to learn more.
Faster revenue growth
According to Dell, companies that invest in big data, cloud, mobility, and security enjoy up to 53% faster revenue growth than their competitors.
Let’s face it – the cloud has been here for over two decades and is all set to grow exponentially. The fact that the cloud data security market is estimated to have a total worth of $12.73 Billion USD by 2022, according to a recent study by MarketsandMarkets, only reinforces this fact further. The cloud is an enabler of digital transformation. It provides organisations and agencies the speed and scale to drive their ultimate goal of innovation. Ultimate flexibility and scalability are the two key promises of cloud computing and these are in fact realised on a daily basis around the world.
Web-enabled devices are growing in number every day, making it critical to provide an ‘always-on’ access to your important business information. This is especially true with the Government, where citizens expect to be able to access information on demand.. Cloud computing offers efficacies for your business:
Today’s global businesses thrive on active sharing of data between cross border teams. Cloud computing makes this entire collaboration between partners, vendors and suppliers, a secure and efficient process. When you leverage the power of cloud computing, real-time access to sensitive information and systems makes all the difference and cuts down time and costs significantly.
The days of having your technology team walk across hundreds of workstations to update systems, is long gone. Cloud computing provides the ability to push out updates to your entire network at once, at a mere fraction of the cost of the hands-on upgrades required in the past. In addition, automatic updates are available for servers where sensitive data and platforms are being stored, allowing you additional peace of mind, knowing that your data is safe and proactively protected from ransomware and other malware.
Finding time to build and expand your infrastructure can be a challenge, especially for Government organisations. If there is a choice between adding and configuring a new server and defining and launching an innovative new platform, how would you prefer your tech teams to spend their limited time? The scalability of cloud computing helps reduce overall system administration significantly, while still providing exceptional uptime and processing speeds to your constituents. So now, instead of juggling between adding and removing servers as and when your business needs change, you can depend on our hyperscale cloud to match your growing business needs. You finally have everything you need to focus on running your business effectively!
If your organisation is handling sensitive data, a comprehensive business continuity plan for your systems, information and network is a basic necessity to safeguard you from both a physical threat or cyberattack. Cloud computing also helps protect your systems from an unforeseen calamity or other crisis with regional redundancies. Vault champions this by ensuring your records are safe through geo replication of systems and networks across multiple data centres in Australia. Through these centrally located data centres, you can access critical information instantly, regardless of your physical location. Using these systems, you get the power of business continuity inherently delivered that will get your business and employees up and running in no time. If you believe that cloud computing can help you stay ahead of the game, we are here to support you! Contact us at (02) 6190 0000 to learn more about cloud computing.