Stay Secure. Stay Ahead.
Security frameworks and certification for consulting, engineering, architecture, real estate, and other SMBs
According to the Australian Signals Directorate's Annual Cyber Threat Report, SMBs face persistent threats:
According to ASD's latest threat report, BEC fraud is among the top 3 threats to Australian businesses. Financial advisors are prime targets—attackers impersonate advisors or clients to redirect funds or steal credentials.
High-net-worth client information, trading credentials, investment portfolios, and financial plans represent valuable targets for both cybercriminals and corporate espionage.
ASD reports phishing as the initial access method in 38% of security incidents. Financial services professionals receive sophisticated phishing attempts designed to steal credentials for trading platforms, CRM systems, and client portals.
Attackers target advisor login credentials to access client accounts, execute unauthorized trades, or steal sensitive financial information.
Small financial advisory firms ($56,571 average loss for Australian SMBs per ASD) often lack the backup resilience larger institutions have—making them vulnerable to disruption and extortion.
Departing advisors, disgruntled employees, or staff with excessive access privileges can intentionally or accidentally compromise client data. Inadequate access controls and poor offboarding procedures create significant risk.
Professional services SMBs typically face:
SMB1001 provides scalable framework appropriate for Australian SMBs:
ASIC expects financial services licensees to manage cyber resilience as part of operational risk management. This includes:
ASIC has taken action against financial services firms for inadequate cybersecurity practices. Demonstrating systematic security controls helps manage regulatory risk.
Financial advisors have obligations under privacy legislation and professional standards to protect client information. Security controls support these obligations.
The SMB1001 framework includes five progressive tiers. We specialize in Bronze, Silver, and Gold certification—designed for Australian professional services firms and aligned with practical resources, client expectations, and the SMB threat landscape. Diamond and Platinum tiers exist for enterprise organizations with dedicated security teams.
Addresses fundamental gaps commonly exploited in financial services breaches:
These foundational areas directly address ASIC's cybersecurity guidance and common attack vectors targeting financial advisors.
Bronze foundation + enhanced capabilities:
Comprehensive security program:
Our Process:
Note: Technical implementation is typically performed by your IT team or managed service provider with our expert guidance and oversight.
Implementation of recognized controls designed to address common attack vectors targeting financial services
Frameworks supporting regulatory expectations for cyber risk management
Independent certification demonstrating security commitment—valuable in RFPs and client onboarding
Evidence of security program for professional indemnity and cyber insurance underwriting
Systematic approach to identifying and addressing vulnerabilities commonly exploited in financial services breaches
Improved capability to prevent, detect, and recover from security incidents
A: ASIC doesn't mandate specific certifications, but expects financial services firms to manage cyber risk appropriately. SMB1001 provides a recognized framework demonstrating systematic security controls—supporting ASIC expectations.
A: Yes. SMB1001 is platform-agnostic. We work with all major financial planning platforms to implement appropriate controls within your existing technology environment.
A: We coordinate with your MSP to implement technical controls. You receive the consulting guidance; your MSP handles technical execution with our oversight.
A: Typically 3-4 months from assessment to certification for firms with basic security hygiene already in place. Timeline varies based on starting maturity and resource availability.
A: SMB1001 certification provides evidence insurers typically require—documented controls, regular assessments, and independent validation. Many firms report improved insurance terms.
A: CARs often benefit from Bronze or Silver certification to demonstrate security capability independent of their dealer group. This supports your professional reputation and client confidence.
Schedule a complimentary consultation to discuss:
Not ready for a consultation? Download our SMB1001 Overview for Professional Services
Email: hello@cyberpeople.com.au
Phone: +61 421 999 855