No longer does your company data need to be stored on local computers with the physical speed of connections varying considerably. Taking your business into the cloud offers so many advantages for businesses of all sizes, including saving time and money. But there are risks, many of which can be mitigated if managed carefully.
The Australian and United States governments take computer security very seriously.
While there is military grade encryption in that sector, the government sector is also protected by the Federal Information Processing Standards (FIPS) which has been developed by National Institute of Standards and Technology (NIST) in accordance with the Federal Information Security Management Act (FISMA) and approved by the Secretary of Commerce.
Cybercrime has become a major problem in Australia, with over 114,000 reports of cybercrime registered with the Australian Cybercrime Online Reporting Network (ACORN) since 2014.
The handling of sensitive customer data in the digital world has become so important that the Federal Government has legislated mandatory data breach notifications, which started in February 2018.
Cyber security laws have changed recently in Australia, with emphasis placed on reporting breaches or facing hefty penalties. No matter what size your company, from micro to medium or large businesses, you need to have a plan in place in the instance of a security attack.
Following is a checklist of what SME’s need to know in order to protect their businesses from cyber attack.
Data security is a major issue in Australia and New Zealand, with cyber attacks on the rise and businesses vulnerable to having their data and their customers’ data accessed for nefarious purposes.
The global cost of cybercrime exceeded $600 Billion in 2017 and costs the Australian economy $4.5 billion annually. There have been over 114,000 reports of cybercrime registered with the Australian Cybercrime Online Reporting Network (ACORN) since 2014 and 23,700 were reported in one six month period in 2017.
Small business owners under the pump often find themselves wearing the hats of CEO, receptionist, accountant, PR manager, and salesperson. “IT manager” gets pushed to the bottom of the pile, and many entrepreneurs feel they don’t have the time or financial resources to take advantage of the best digital technology available.
Cybercrime is a real threat to small business in Australia today, with 516,380 businesses falling victim to attacks in 2017 alone.
Despite this, more than half of SMBs in our country are unprepared for a cyber attack.
This makes small businesses extremely vulnerable to attack, and the consequences of not being prepared can be devastating.
Promising faster service, more flexibility, and greater reliability, edge computing is a trend many are examining closely. We look at the future of computing and how it will change the network as we know it.
Cloud services are a massive industry with forecasts showing that Australians will spend $4.6 billion this year alone.
There are numerous reasons why so many small businesses are looking to the cloud for their data and system storage. Here are 10 reasons why you should consider making the switch today.
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