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IT Cyber Concerns
Gartner completed its annual report in August 2022, identifying the top cyber risk areas for chief audit executives (CAEs). The report surveyed 112 CAEs with constructed interviews, including IT Audit leaders and data and insights throughout 2022. The intention is to help executives identify and plan better IT governance and risk management coverage for the upcoming year. Interestingly, only 42% of survey respondents reported a high confidence level in their capacity to give acceptable assurance in this area, even though most CAEs said they would consider cyber security in their plans for the coming year.

Rethinking organisational resilience

The key themes for the upcoming year include growing cost pressures, supply chain risks and labour/labour scarcity.                                                                                                                              The ability to withstand crises and disruptions may become more critical in the forthcoming year, and many organisations still take a limited view of resilience, mainly focusing on business continuity and IT disaster recovery. This narrow view of resilience fails to account for additional risks impacting resilience, including significantly increased economic volatility and impacts from climate degradation.

Rethinking resilience is a key theme that underlies a diverse set of risks facing organisations in 2023, including economic volatility, climate degradation and third-party risk management.

 

How to Secure Your Data

A good start is to have an Intelligent Document Management System that is easy for users. That stores the data in a logically efficient manner that is easy to share and traceable.

Fortunately, a system like this is already available in Australia; since 2016, Docuworx has implemented it for many users across several industries. The System is DocuWare, made in Germany and used successfully around the globe since 1988.

Docuworx is an Australian Company with a team of specialists that can have DocuWare up and running in any business in as little as three days.

DocuWare is a web-based system hosted in Australia, and there are huge benefits to having Docuware manage your data,

  • Docuware is already GDPR and SOC2 Compliant
  • DocuWare can also automate most business processes intelligently. Eliminating the time wasted using paper and manual processes.

 

What is GDPR?

GDPR, or General Data Protection Regulation, is a set of European rules and standards that currently do not exist in Australia’s privacy and data governance. It is for organisations doing business with any customer. The regulation requires the active consent of customers and gives them new portability powers to control the transfer of their information — and sets up significant penalties for non-compliance.

 

What is SOC2?

SOC 2 is a voluntary compliance standard for service organisations developed by the American Institute of CPAs (AICPA), which specifies how organisations should manage customer data. This standard follows Trust Services Criteria: security, availability, processing integrity, confidentiality, and privacy.

In addition to the security, DocuWare improves and monitors process workflows and accelerates the delivery of digitised documents via mobile devices, especially when needing to submit supporting documentation for proof of identity during an onboarding process.

When choosing an intelligent process automation tool, DocuWare users in businesses across several industries say process intelligence and intelligent document processing are two of the top measures.

If this interests you and you want more information, you may contact me personally.

carlos@docuworx.com.au

Author: Carlos Lucia
Experienced Director with a demonstrated history of working in the document management industry. Skilled in sales, business development, document management solutions, marketing strategy, and building new business. Strong background in business finance and passionate about facilitating companies' digital transformations. Co-founder and Director of Docuworx, an Australian company that facilitates the digital transformations of businesses and organisations across Asia-Pacific.