AstuteWheel passes cybersecurity check with flying colours

Australian Fintech
March 30, 2020 AEST

AstuteWheel has passed an independent IT & Cybersecurity health check on its business with flying colours.

The health check was commissioned by AstuteWheel and conducted by Gridware, a leading third party IT and cybersecurity organisation that delivers world class solutions to help Australian companies protect against and minimise cyber risks.

AstuteWheel Managing Director, Hans Egger, said AstuteWheel scored 4.9 out of 5, well above the industry average, where 5 is the highest possible score.

“We were especially pleased that AstuteWheel ranked in the 98th percentile against our industry peers which is a fantastic result,” Mr Egger said. “AstuteWheel is ranked as ‘Adaptive’ for cybersecurity posture, which means we have practices that actively adapt to the changing cyber landscape and threats.”

Mr Egger said as cyber threats evolve, AstuteWheel will continue to focus on a range of measures to regularly monitor its information security framework and avoid any future gaps as and when they may arise. “AstuteWheel uses risk-informed policies, processes and procedures to proactively address cyber risks,” he said.

Cybersecurity health checks

These measures include (but are not limited to):

  • Security overview
  • Business continuity
  • Breach policy
  • Multi factor authentication for users and their clients

The IT & Cybersecurity health check was performed using proprietary methodologies developed by Gridware Cybersecurity with reference to industry-leading standards such as:

  • ISO 27001 Information Security Management Systems
  • The National Institute of Standards and Technology (“NIST”)
  • Cyber Security Framework
  • Open Source Security Testing Methodology (OSSTM) and Penetration Testing Execution Standard (PTES)

AstuteWheel Client Engagement Platform <i class="fas fa-phone mid-blue"></i> 02 94 533 588
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