Staying Ahead of Key Security Concerns for Asset Owners

In today’s digital landscape, asset owners, particularly those managing critical infrastructure, face an increasing variety of security threats. Recent reports from leading security providers highlight the growing prevalence of ransomware attacks and their severe impact on critical infrastructure industries like energy, utilities, and financial services. In Australia, cyberattacks such as brute force attacks, compromised credentials, and unpatched vulnerabilities are the top causes of security breaches. In particular, energy and utility organisations, can be vulnerable due to their reliance on older technology, while IT and telecommunication companies often fall victim to brute force attacks despite strong identity controls.

At Mipela, we understand these risks and proactively address them through our X-Info Suite of products and robust security processes. Our approach includes multi-layered security measures, such as AES-256 encryption for data at rest and TLS/HTTPS protocols for data in transit, ensuring the protection of sensitive information. We operate our own Security Information and Event Management (SIEM) and Security Operations Centre (SOC) to monitor our systems and client data in real time. In partnership with Fortian, a leading Australian company specialising in cybersecurity, privacy, and technology risk management, we implement centralised logging and advanced monitoring to swiftly detect and respond to potential security threats. Fortian’s team brings deep technical expertise, supporting our commitment to comprehensive data security.

Additionally, our security practices include vulnerability assessments, testing, and monthly automated patching to identify and mitigate risks and keep our systems up to date. Our solution further emphasises identity based controls through OAuth2 integration with Azure Entra ID, ensuring secure and efficient user access.

By adopting these comprehensive security practices and leveraging Fortian’s industry-leading expertise, we not only address key security concerns, but also position ourselves as a trusted partner for asset owners. This approach sets us apart from competitors, safeguarding critical infrastructure assets against the evolving threat landscape.