Infotrust

Home

Updates

Webinars

Announcements

Annual Reports

Why Invest

Team

Corporate Governance

Share Price

Sora

Infotrust Investor Hub

upload.jpg

Sydney, Australia – [Thursday 21st November 2024] – In an era where small to medium-sized businesses struggle to staff key security positions, Spirit has announced a strategic partnership with MyCISO to address this pressing issue. The team at MyCISO has brought a SaaS approach to cybersecurity, designed to enable SMEs to lift their security game without the need to hire expensive personnel.

The Spirit partnership with MyCISO will allow SMEs to embed the latest cyber security innovations as they develop. From assessing current levels of security maturity to managing supply chain risk, and building a corporate culture of awareness and vigilance, this Spirit service offering delivers the essentials while minimising complication and cost.

The partnership continues Spirit’s long history of collaboration with innovative technology vendors. MyCISO has created a unique offering that fills a specific niche for SMEs to improve their defences, meet their regulatory obligations, and remain ahead of emerging cyber threats. This process can prove challenging for SMEs without the internal human resources costs needed to meet these vital functions.

Expertise and Experience: Spirit boasts over a decade of providing managed IT service solutions to Australian businesses. This latest partnership solidifies our position as the leading choice for businesses looking to capitalise on the latest cyber tech innovations. Spirit has focused its cyber security products in recent times and this partnership will add to its suite of service offerings.

Proven Track Record: With a history of partnering with world-leading brands and vendors, Spirit customers are accustomed to accessing best-in-class solutions that can be tailored to meet specific requirements. The existential threat posed by security breaches is an area of huge concern for SMEs as Australian organisations are being increasingly targeted by sophisticated hacking groups that trade in stolen data. This has led to greater regulatory oversight and the prospect of hefty fines and potential legal action for directors affected by any such breach.

The Cost of Security: In response to these threats, organisations of all sizes have been forced to upgrade their defensive posture. While larger companies have the scope and resources to hire specialised staff, SMEs face the challenge of rapidly maturing their posture without access to the same resources. By engaging with Spirit and MyCISO, SMEs can effectively resolve this pain point with the confidence that highly qualified personnel are protecting them from security threats.

Cyber Security Assessment: This service ascertains an organisation’s current cyber security posture and offers immediate suggestions for improvement.

Incident Response Planning: In the event of a breach, our team springs into action to contain the threat, minimise damage, and restore normal operations swiftly.

Risk Management and Compliance: We help businesses navigate the complex landscape of cyber security regulations and ensure compliance with industry standards.

Third-party Risk Management: Third-party risks posedby supply chain contractors and other contacts demand careful management and oversight, an area of specialised expertise within the Spirit MyCISO partnership.

Quote from Spirit MD, Julian Challingsworth:


“Our partnership with MyCISO will deliver cost-effective security solutions to organisations that take their privacy obligations seriously but may need assistance from an experienced and accredited team of professionals. We are confident this exciting venture will meet with widespread demand and fill a gap not currently being serviced by other IT providers.”


‍‍"Spirit are pioneering an offering that combines technical security services with expert governance risk and compliance. This simple, affordable bundled approach allows SME’s to consume a package commensurate with their needs. It’s exciting to collaborate with a progressive Managed Security Services Provider like Spirit, to combine the power of our platform with their broad capabilities.”

For more information, visit our website at www.spirit.com.au

Spirit (ASX: ST1), a technology company deliveringinnovative solutions to help Australian businesses stay ahead of the curve bybuilding a secure, sustainable, and scalable work environment. With a corefocus on providing cutting-edge solutions to safeguard organisations againstcyber threats through a state-of-the-art SOC, Spirit is dedicated to securingthe digital future.

The MyCISO platform enables security leaders to develop and manage a robust security strategy, manage third party risk, and cultivate a security culture - from a simple, intuitive interface. Founded in 2022, MyCISO is revolutionising the simplification of Security Program management for organisations of all sizes.

Spirit Technology Solutions partners with MyCISO to deliver a robust solution for the SME sector