Australia cybercrime is a growing threat and is becoming a way for cyber criminals to steal information, money or hurt businesses. As everyone can access the internet, and we share and gather more data and information online, you need to make sure that the security measures are present. For many businesses, this will include not only the data your business creates and stores but also the information your customers share with you. Providing security is crucial in building and maintaining confidence and trust your clients place on the business you own.
What is Cybercrime?
Cybercrime, or computer crime, involves using computers and the internet to break the law. Common kinds of cybercrime include:
• fraud and identity theft
• online scams
• attacks on websites or computer system.
What is Cyber Security?
Cybersecurity is about protecting your technology and information from accidental or illicit access, corruption, theft or damage. Cybersecurity is a constant struggle in every business and something that you need to have in mind at all times.
What Is At Risk?
Your information, reputation, money, as well as technology, is susceptible to a cyber attack. This includes
• customer personal information and data
• financial records
• business plans
• business ideas
• marketing plans
• intellectual properties
• product design
• patent applications
• employee records.
Who Could Threaten Your Business?
Cybercriminals may be an individual or a group of people that cause a malicious cyber attack on your business. Cybercriminals that present a threat to your data and technology may be:
• criminals – that wish financial gain or information, to illegally access your data or hardware and thus disrupt your business
• your clients – wanting to compromise your information with malicious intent
• your business competitors – wishing to gain an advantage over your business
• former or current employees – who intentionally or accidentally compromise your data or information.
Types Of Cyber Threats To Your Business
Cyber criminals look for information regarding your business, customers, and employees. They develop several ways to exploit weaknesses in your business such as:
• theft or unauthorised access to hardware, computers and mobile devices
• infect computers with viruses and malware
• attack your technology or website
• attack third-party systems
• spam you with emails containing viruses
• gain access to information through your employees.
What Effects Could Australia Cybercrime Have On Your Business?
• financial loss – stealing money and information to disrupt your business
• business loss – damage to reputation and other companies you do business with
• costs – getting your affected systems up and running
• failure of an investment – time notifying the relevant authorities and institutions of the incident.
What Can I Do About Protecting My Business From Cyber Threats?
To protect your business from cybercrime, try these tips:
• Develop clear policies and procedures for your business and employees. Outline the security measures you have put in place on how to protect your systems and information assets.
• Produce a cybersecurity incident response management plan to support your policies and procedures.
• Train new and existing staff on Australia cybersecurity procedures and policies and the steps to take if a cyber threat or cyber incident occurs.
• Keep your computers, website, and Point-of-Sale (POS) systems up-to-date with all software release updates or patches.
• Ensure that you back-up important data and information regularly to lessen the damage in case a breach occurs to your systems.