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Our CEO Mr. Mahesh Garg just clinched a spot in the Top 10 CEOs in Australia according to Industry Tech Outlook.

Techbehemoths Awards 2023

Techbehemoths Awards 2023: FLYONIT Gets Top Honour in Cybersecurity, WordPress and ReactJS

In a spectacular triumph, FLYONIT, emerged victorious at the prestigious TechBehemoths Awards 2023. The company clinched top honors in multiple categories, strengthening its position as an industry leader in Cybersecurity, WordPress, and ReactJS services. 

Cybersecurity Excellence Unveiled  

FLYONIT soared to new heights as it secured the coveted title of the winner in the Cybersecurity category. The company’s unwavering commitment to providing comprehensive Cybersecurity Solutions has not only set them apart but has also earned them recognition on a global scale. FLYONIT’s dedication to fortifying digital landscapes has undoubtedly contributed to its well-deserved success in this critical domain. 

WordPress and ReactJS Brilliance Acknowledged  

The accolades did not stop there. FLYONIT’s prowess extended to the realms of WordPress and ReactJS services, where the company was once again announced as the winner. This dual triumph underscores FLYONIT’s versatility and proficiency in delivering top-tier solutions across diverse technological landscapes. 

FLYONIT’s Remarkable Journey  

Founded in Australia and operating for over 15 years, FLYONIT has been a beacon of innovation, addressing the technological needs of businesses not just in Australia but also in India and other countries. The company’s extensive portfolio includes a wide array of IT services such as Managed IT services, Cloud Computing, Digital Services, and more. 

FLYONIT’s commitment to optimizing IT infrastructure in the most cost-effective ways sets it apart in a competitive landscape. The company boasts a team of highly skilled technical personnel with years of experience in the IT field, ensuring that clients receive world-class technology solutions tailored to their unique requirements. 

Global Expansion and Strategic Alliances   

FLYONIT’s success is further exemplified by its strong business relations with leading technological firms such as Microsoft, Cisco, Amazon Web Services, Google, Kaseya, and others. The company’s reputation for delivering innovative solutions has not only garnered industry recognition but also nominations for several local business awards.  

Conclusion  

FLYONIT’s triumph at the TechBehemoths Awards 2023 is a testament to its unwavering commitment to excellence, innovation, and client satisfaction. As the company continues to shape the future of IT solutions, its journey serves as an inspiration for businesses worldwide. FLYONIT‘s recognition in Cybersecurity, WordPress, and ReactJS reaffirms its position as a frontrunner in the ever-evolving landscape of technology. 

Top 7 Emerging Cybersecurity Trends in Australia in 2024

Top 7 Emerging Cybersecurity Trends in Australia in 2024

In a time when technological progress surpasses our capacity to keep up, the domain of cybersecurity has evolved into a delicate balance between innovation and protection. The swift advancement of technology not only propels us forward but also subjects us to a progressively hostile digital environment. As organizations wrestle with the expanding breadth of digital assets in need of safeguarding, the imperative to strengthen cyber defenses has reached unprecedented levels. 

AI: How it Will be Used as Offence and Defense

Artificial intelligence can create new content based on existing data, presenting both advantages and challenges in cybersecurity. On the downside, its autonomous learning and content generation abilities pose significant threats. Malicious actors can exploit generative AI for sophisticated cyberattacks. For example, technology can be employed to craft convincing phishing emails, generate evolving and adaptive malware, produce deceptive deepfake content, and forge identity documents using acquired personal details.  

On the flip side, AI is helpful for cybersecurity when it comes to defense. As businesses invest more in AI and machine learning for their IT needs, defensive strategies use generative AI in different ways. It helps quickly analyze big sets of data, find patterns and unusual things to spot possible dangers. Also, it plays a role in spotting and ranking risks to systems, making sure cyberattacks are stopped or lessened in time.  

Cloud Vulnerabilities will Become More Concerning 

The increasing use of artificial intelligence (AI) and the handling of the huge amount of data is driving progress in technology. At the same time, it’s also important to keep sensitive information safe. AI is widely used in the cloud to create big networks for storing data, so it’s crucial to protect these cloud storage systems. 

As businesses quickly adopt cloud-based tools and apps, it’s necessary to develop technologies that make cloud infrastructures strong and secure. Cloud environments are especially attractive to big players like countries who want an edge over others. So, in this competitive world, keeping data safe and in control is key, making sure cloud infrastructures are always safe. 

Using advanced detection solutions, like Penetration Testing or Integrated Threat Intelligence to carefully map the Advanced Persistent Threats (APTs), are the recent strategic measures taken by big and small organizations. These solutions help security teams to regularly check leaks and public places for logins, email addresses, and passwords linked to the company’s employees. 

Sticking to the Compliance Requirements 

We should change how we think about security. Instead of only following rules, we need to focus on making practical and effective security measures. Sticking to rules without real security can make us think we’re safe when at risk of security problems. 

However, it’s important to recognize that the compliance requirements are changing, and avoiding non-compliance fines is crucial. Data breaches often lead to legal consequences, hefty fines, and financial liabilities. 

In addressing non-compliance consequences, experienced incident response experts play a vital role. Following the rules involves using the right knowledge, technology, and processes. To keep up with the changing rules, it’s smart to have advisors who can help with understanding and following them.  

Malware Detection 

In the past, malware was relatively simple, often duplicating without significant changes, making it easier to detect and counter with antivirus software. The damage was typically confined to the infected device or devices. However, modern malware has undergone a substantial transformation. It has become highly sophisticated, aiming to achieve ambitious malicious goals such as financial extortion and espionage, with these types commonly known as Advanced Persistent Threats (APTs). 

In the future, they might also use tactics where they take advantage of normal system tools and activities, making it harder to spot them. This change suggests that malware will keep getting better at targeting all kinds of devices, systems, and people. 

Dark Web Intelligence Will Gain Momentum 

Keeping an eye on the dark web will become more important for defending against cyberattacks and reducing risks linked to leaked information. Organizations should regularly check dark web marketplaces and forums to find any data connected to their brand. This helps protect their reputation, keep sensitive information safe, and maintain trust with customers and stakeholders. 

FLYONIT’s Dark Web Intelligence platform can help you scour the deepest corners of the dark web to find out if your business is at risk. It can actively watch cybercriminal forums, marketplaces, and closed communities in real-time. This proactive approach aids in identifying compromised credentials, stolen credit cards, new malware samples, and help companies identify and reduce cyber risks before they lead to more harm.  

Ransomware: The Most Common Threat 

Ransomware, a significant cybersecurity threat across various industries in Australia, continues to evolve, causing increasingly severe disruptions. Its origins can be traced back to the earliest forms of malware that demanded ransom payments.  Whether orchestrated by independent hackers or nation-states, ransomware remains a persistent and challenging threat. Its future path is likely to involve a shift in attack tactics, focusing on newer and less common targets like cloud services and IoT devices.  

Keeping your System Update can help you avoid such scams. BullPhish ID is also a security awareness training program that equips your team with the knowledge and instincts needed to identify, thwart, and report phishing attempts effectively. 

How Cybersecurity is Becoming Indispensable  

Cybersecurity is evolving beyond a centralized function and is becoming an integral part of every department within a company. Rather than being an afterthought, cybersecurity is gradually becoming embedded in every business function and will continue to do so. In the context of distributed teams, security considerations need to be integrated into business initiatives right from the beginning. 

This becomes even more critical for businesses in the Pacific region, where many have outdated cybersecurity infrastructure, making them susceptible targets for cyberattacks. The Thales Cyber Report of 2021 revealed that 40% of Australian IT leaders admitted to failing security compliance audits. For SaaS companies, especially those managing vast amounts of user data, implementing cybersecurity measures is imperative. 

As rapid technological changes approach, organizations should contemplate upgrading their cybersecurity infrastructure to minimize risks. Investing money might appear as a quick solution, but it is not always the most effective one. It is crucial to reset expectations regarding risk management and move away from the unrealistic belief that an IT administrator alone can handle every breach. Adopting a more practical approach to develop a comprehensive cybersecurity strategy involves going beyond internal resources. Collaborating with FLYONIT who are specialised in monitoring and defending network infrastructure can offer valuable and essential support to your business. 

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Should Your Business Be Afraid of the Dark Web?

Hackers and Cybercriminals make millions off selling your information. An attack is launched every 39 seconds on your system which is an average of 2,244 times per day with more than 8 billion records confirmed to be compromised in the last year alone.  

Your information provides a very lucrative business opportunity for cybercriminals. Hackers and scammers are smart and efficient. With just a few key personal details and basic technological skills, these criminals could potentially gain access to some of your most important accounts. 

At FLYONIT you can find out if your company data has been exposed on the dark web. 

Contact FLYONIT for a Free Consultation Today

Protect Your Business from Advanced Persistent Threats

Ransomware attacks are on the rise, surging to 150 percent in 2020, with no signs of slowing down. Cyber criminals are well-funded and highly skilled. Their damage is costly as ransomware-related cybercrime costs exceeded $20 billion in 2021. 

Your business needs more than just standard antivirus and firewall solutions. Despite investments in traditional security measures, Advanced Persistent Threats (APTs) continue to outsmart existing defenses, infiltrating over three-quarters of small to medium-sized businesses. Yesterday’s security protocols are proving ineffective against today’s sophisticated attack tactics. 

So, deploying a comprehensive cybersecurity solution does more than protect your assets – it can save your business. 

Our security operations center at FLYONIT goes beyond conventional measures, now offering integrated threat intelligence. With 24/7 threat monitoring, we protect all your endpoints, networks, and cloud data.  

 

Contact FLYONIT for a free consultation today

 

 

Network Penetration Testing

What It Is and Why You Need It

While modern technology brings numerous conveniences and benefits, the escalating frequency of cyberattacks is becoming a significant cause for concern. The repercussions of data breaches extend far beyond the targeted companies, impacting customers, suppliers, and various stakeholders. Alarmingly, experts anticipate that the cost of cybercrime will soar to around $10.5 trillion by 2025. So, regular network pen tests are becoming increasingly necessary for every organization.

Australia has not been immune to these cyber threats, experiencing several high-profile incidents in recent years. Notable examples include PwC falling victim to a massive data hack and health care giant Medibank being sued over a data breach affecting 9.7 million individuals. Furthermore, an Optus data breach resulted in a class action being launched for millions of Australians affected by the cyberattack. These instances underscore the pervasive nature of cyber threats and their potential to disrupt various sectors.

With pen testing, you can proactively secure your business against evolving threats by simulating real-world scenarios and discover potential network vulnerabilities before hackers do. It goes beyond just identifying vulnerabilities and demonstrates what happens if an attacker gets access to the network. 

 

Why your business needs Regular Network Pen Tests

Regular assessment of your network is essential to gauge your cybersecurity effectiveness. A network penetration test (pen test) is a security test in which experts attempt to hack into your network to identify potential vulnerabilities that malicious actors could exploit.   

 

 

Optus Outage

Australian Network Disruption: Millions Impacted by Optus Outage

On Wednesday, millions of Australians faced a communication nightmare as a widespread Optus outage paralysed critical services for over 12 hours. The frustration was palpable as the outage impacted not only personal communication but also vital systems in hospitals, transportation, and government offices across the nation. As the country grappled with the fallout, Optus chief executive Kelly Bayer Rosmarin found herself under mounting pressure to explain the root cause of the outage and to address the company’s handling of the crisis. 

While the outage was eventually resolved, questions lingered about the adequacy of Optus’ communication with its customers during the crisis. Communications Minister Michelle Rowland expressed the urgency for transparent communication and emphasized the significance of timely updates for individuals and businesses expecting to regain normalcy. 

In the wake of the outage, the Greens have called for a Senate inquiry, advocating for a comprehensive investigation into the incident. Senator Sarah Hanson-Young highlighted the need for accountability and emphasized the importance of understanding how such a critical failure occurred within one of Australia’s key telecommunications services. 

Bayer Rosmarin, however, defended Optus, characterizing the outage as an unfortunate but rare occurrence within the industry. She urged customers to remain with the telco, emphasizing the company’s commitment to delivering consistent service and unique features. 

Beyond the inconvenience for individuals, businesses, and emergency services, the outage affected international roaming customers, worsening the impact of the disruption beyond Australian borders. With an array of challenges ranging from delayed business operations to personal inconveniences, the implications of the outage were deeply felt across various sectors and geographical locations. 

Ultimately, the Optus outage has underscored the necessity for proactive communication and robust infrastructure in the telecommunications industry. As Australians seek assurance and reliability in their day-to-day lives, the incident serves as a poignant call for continuous efforts to fortify the backbone of modern society—our communication networks. 

As investigations continue, speculation has arisen regarding the possibility of a cyber-attack contributing to the Optus outage. While no definitive evidence has been confirmed, the potential vulnerability highlights the critical need for comprehensive cybersecurity measures. FLYONIT offer robust tools such as BullPhish ID, equipped with course modules and video training to empower organizations in preventing and mitigating potential cyber threats, safeguarding against disruptions caused by internal vulnerabilities.

Unified Communication Express

Welcome to the future of business communication. UC Xpress, brought to you by FLYONIT, is your gateway to cost-effective, flexible, and efficient calling solutions. Say goodbye to rigid “per-seat models” and embrace a “pay per phone line” approach that can fit your unique business needs. This allows customers with low call volumes to pay according to their preferred contention ratio.

Why Choose UC Xpress?

Perfect for Aging PABX Systems: If you have an aging and unsupported PABX system, it’s time for an upgrade. UC Xpress provides a cost-effective transition to a modern, supported phone system that’s ideal for remote work.

Flexibility at Your Fingertips: Business needs can change in an instant. With UC Xpress, you have the power to easily increase or decrease the number of users and phone lines to match your evolving requirements.

Transparent Billing: No more hidden fees or complicated invoices. UC Xpress consolidates everything into one bill, making it easier for you to manage your communication expenses.

Enhanced Security: Rest easy knowing that your communication infrastructure is hosted within a secure multi-tenanted platform. Say goodbye to the risks and overheads of outdated phone systems.

Scalability: UC Xpress is designed to grow with your business. Whether you’re replacing legacy PABX systems or expanding your endpoints, our solution adapts to your needs seamlessly.

All-in-One Platform: Provision your telephony solution without the hassle of third-party involvement. UC Xpress is a cost-effective option that scales with your current calling profile and offers unlimited users.

Lower Overall Costs: If you have a high number of endpoints, UC Xpress can significantly lower your phone system costs, making it a smart choice for businesses of all sizes.

Ready to Elevate Your Business with FLYONIT?

Contact us today to schedule a detailed discussion about how UC Xpress, can drive your business forward. Let’s revolutionize the way you connect, collaborate, and succeed.

Cyber Security Assessment Tool

FLYONIT Provides Cybersecurity Solutions to Protect Your Business Like ANZ Bank

Nobody can ignore the fact that today information is currency. Naturally, cybersecurity has become paramount for organizations of all sizes. The recent success story of ANZ Banking Group serves as a powerful reminder of why investing in robust cybersecurity tools, such as those offered by FLYONIT, is imperative for businesses in today’s landscape. 

ANZ Banking Group’s Cybersecurity Triumph 

ANZ Banking Group made headlines when it revealed that it had thwarted more than 500 attempts to open fraudulent digital bank accounts using stolen data over the past year-and-a-half. This impressive feat was achieved through ANZ’s multi-layered approach to security, which prevented these fraudulent accounts from being opened on their digital banking service, ANZ Plus. 

 But what exactly does ANZ’s success mean for your business, and how does it relate to FLYONIT

The Importance of Cybersecurity for Every Organization 

Protection Against Evolving Threats 

Cybersecurity technology and best practices are designed to safeguard critical systems and sensitive information from an ever-growing volume of continually evolving threats. Just like ANZ, your organization needs to stay ahead of cybercriminals who constantly adapt their tactics. 

Financial Security

The average cost of a data breach in 2020 was USD 3.86 million globally, with even higher costs in the United States. These expenses include discovering and responding to breaches, downtime, lost revenue, and long-term damage to a brand’s reputation. Cybercriminals target personally identifiable information (PII) and then sell it in underground markets. Such compromises can lead to a loss of customer trust, regulatory fines, and legal action. FLYONIT’s cybersecurity tools help protect your bottom line. 

Simplified Defence

Security system complexity, often caused by a lack of in-house expertise and disparate technologies, can amplify cybersecurity costs. FLYONIT simplifies your defence strategy by providing comprehensive cybersecurity solutions governed by best practices. Their Cybersecurity Assessment Tools can also detect any kind of vulnerabilities behind your system, and present a proper plan to defend it.  

Layered Protection

Just like ANZ, a strong cybersecurity strategy involves layers of protection against various cyber threats. This includes attacks aimed at accessing, altering, or destroying data, extorting money from users or the organization, or disrupting normal business operations. 

FLYONIT’s Cybersecurity Solutions

FLYONIT understands that cybersecurity is not one-size-fits-all. We offer advanced technology and expertise to tailor solutions to your organization’s unique needs. Our state-of-the-art cybersecurity technology stays ahead of evolving threats, and our multi-layered approach ensures protection against internal and external threats, just like ANZ. By automating security measures and using analytics, AI, and machine learning, we help reduce the financial impact of breaches. With FLYONIT’s expertise, you gain access to a strong cybersecurity strategy, following best practices to defend against cybercrime and maintain the trust of your customers. 

Conclusion

ANZ’s recent cybersecurity triumph serves as a stark reminder of the critical importance of cybersecurity measures in Australia as well as all around the globe. Whether you operate a large corporation like ANZ or a small business, investing in cybersecurity tools like those offered by FLYONIT is not just a choice but a necessity. These tools are the shield that cybersecurity solutions protect your cybersecurity solutions, your customers, and your financial stability from the ever-evolving cyber threats lurking in the digital shadows. Act proactively and fortify your organization’s defenses with FLYONIT’s comprehensive cybersecurity solutions.  

Westpac Faces Legal Action

Westpac Faces Legal Action for Ignoring Customer Hardship Requests

Introduction

The Australian multinational banking and financial services giant, Westpac, is currently embroiled in a legal battle with the Australian Securities and Investments Commission (ASIC) over allegations of mishandling customer hardship requests spanning seven years. In this blog, we’ll delve into the details of this legal action and its implications.

The Allegations

ASIC’s legal action revolves around the claim that Westpac failed to respond to hundreds of customers’ requests for financial relief, a lifeline for those facing challenging economic circumstances. Between 2015 and 2022, 229 customers informed Westpac about their financial hardships, citing reasons such as inability to work, medical conditions, or caregiver responsibilities. These customers sought assistance through Westpac’s online hardship notice process but were left without a response within the mandated 21-day timeframe.

According to ASIC, this failure to respond promptly constitutes a breach of the National Credit Code, which requires lenders to notify customers within three weeks if they do not agree to change the lending contract or need additional information. Additionally, ASIC contends that Westpac did not act “efficiently, honestly, and fairly” by not addressing legitimate requests from customers in need.

Westpac’s Response

In response to the allegations, Westpac acknowledged the error and self-reported it to ASIC while cooperating with the investigation. Westpac’s Chief Information Officer, Scott Collary, issued an apology, stating, “This error meant we didn’t provide some of our customers with the help they needed. For this, we are deeply sorry.” The bank attributed the issue to a “technology failure” that prevented the hardship notices from reaching the bank’s customer support teams.

Remediation Efforts

To rectify the situation, Westpac took several remedial actions. The bank refunded some fees and interest, waived debts, and made compensation payments for non-financial losses to affected customers, amounting to a total of $900,000. Despite these measures, ASIC’s case underscores how some customers endured debt collection activities while waiting for Westpac to respond to their hardship notices, exacerbating their financial difficulties.

Implications and Industry Focus

his legal dispute between ASIC and Westpac is not the first of its kind. Westpac has previously been targeted for alleged breaches of responsible lending laws, although a previous case was dismissed in 2019. This new legal action highlights the ongoing regulatory scrutiny of the financial sector and reinforces the need for banks to address customer hardship promptly and transparently.

ASIC’s move against Westpac comes at a time when increasing numbers of Australians are grappling with mortgage stress, driven by rising cost-of-living pressures. The regulator’s deputy chairman, Sarah Court, emphasized the importance of lenders responding to hardship notices within the required timeframe to minimize harm to their customers. ASIC’s increased focus on financial hardship aligns with a 28 percent increase in calls to the National Debt Hotline compared to the previous year, underscoring the urgency of addressing this issue.

Westpac’s acknowledgment of the technology failure and its efforts to remediate affected customers signal a step in the right direction. However, advocacy groups like the Consumer Action Law Centre stress that banks, as a sector, need to prioritize helping their customers, especially during times of economic hardship.

Conclusion

The legal action against Westpac by ASIC sheds light on the critical issue of responding to customer financial hardship promptly and fairly. It underscores the responsibility of financial institutions to adhere to regulatory codes and provide necessary assistance to those facing challenging economic circumstances. As this case unfolds in the Federal Court, it serves as a reminder of the ongoing efforts to ensure consumer protection and financial fairness in the banking sector.