A hybrid cloud computing approach comes with a huge amount of benefits, but also a few challenges. If these are managed carefully, the benefits can far outweigh the risks. Best practice in managing hybrid risk comes down to security, good network design with a solid strategy and being backed by a qualified team of IT experts. Read more
The Facebook Cambridge Analytica scandal demonstrated how data security breaches can impact an organisation, but it is not just large scale projects that can put a company at risk. An employee can set off a security breach by accidentally emailing a file to the wrong person. All businesses need to put in place plans and procedures to minimise risk and protect their information.
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.
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.
In recent years, we’ve seen a dramatic rise in the sophistication, scale, and impact of cyber attacks. As companies strive to ensure their own, and their customer’s online safety, the repercussions of not doing so have increased. We look at a snapshot of the most prevalent cyber security threats today and solutions you can utilise to best protect your enterprise against the risk of attack in the future.
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