Identity theft is increasing on a global scale, with financial information and client records considered foundational data for cyber criminals that indulge in this practice, whether for strict financial gain or use in fraudulent transactions. The normal practice is that harvested data is used to create other accounts (such as bank, email or other) or indeed continue using existing accounts but changing passwords to prevent legitimate access.
Small to medium enterprises obviously store both financial and health information and are prime targets for hackers. In August 2014. These criminals do not care about your business information but focus more on your personal details such as date of birth, address, etc., using them for services or credit applications.
Australia has had its fair share of data breaches. In 2012, ransomware (software that locks down a computer until a ‘ransom’ is paid using an untraceable digital currency such as Bitcoin) was used to compromise the operations of a Gold Coast medical centre.
Luckily, with a little knowledge and some forward planning, you can protect your medical practice from most of these data breaches. I say most, as even large enterprises are successfully breached by highly skilled hackers on occasion and few servers can continue operation if thousands of hackers launch a simultaneous attack.
The brave new world of increased mobility means work is an activity rather than a destination. Employees can work from anywhere in the world using mobile devices: they can even choose, manage, and use their own devices in many cases.
This carries enormous benefits to businesses as employees become more productive and available. However, it also creates risk because these devices and the data that resides on them may not be adequately secured, so sensitive company information may be compromised. Organisations must take measures to protect business information on mobile devices.
Using mobile devices comes with new concerns around securing and protecting company data, especially when it comes to storing and transmitting information. When employees use mobile devices, they often also use public cloud services like Google and Dropbox to store documents and information – and these are often beyond the visibility and control of the IT department. As a result, businesses need to consider ways to ensure maximum security for mobile workers that access, share and collaborate on work and documents over mobile devices.
The Australian Federal Government this week launched the annual Stay Smart Online Week. In conjunction they have released the Stay Smart Online Small Business Guide. Business owners can use this guide to ensure they are following safe online practices, and have sufficient security in place to protect sensitive data from a potential breach.
This comes at a time when businesses, organisations and government departments are increasingly being subject to data breaches on a regular basis. Yet in what is a growing concern, there appears to be little consensus about what entities should do once a breach is discovered.
Defining a data breach is an exercise in itself. At its core, it refers to an unauthorised access of information on a computer or network. Hacking is the most common example, however the guidelines below apply not just to data breaches but to instances of online bullying, defamation, threats and similar problems in the digital space.
So who should you call when you want to investigate a data breach? The straight answer is that it all depends on what you want to achieve.
Every business, whether large or small, needs to have a customer-facing website these days, and in the past twelve months Australians spent $17.5 billion on online retail sales. In fact, according to Avast Software, online shopping is Australia’s number one online activity, social media, banking and emailing…before we get down to adult content, illegal torrent sites and checking the weather forecasts, which are also in the top ten.
While this level of online activity is great for commerce in Australia, it also brings with it a host of problems – potentially very damaging ones. Companies and web developers know that a website needs security, but many business owners do not understand the depth of online threats that exist, and the ever-evolving complexity of attacks.
Regardless of whether a website sells directly to the public, or simply exists as a tool to host marketing information and contact details, an attack can be disastrous to business credibility and continuity. Imagine a client happily selling from the web one minute, then having to contact an entire customer base and explain that their security has been compromised. Payment details may have fallen into the hands of criminals, a foreign entity may be blackmailing the company or perhaps there has been a malicious attack and sales can’t continue as the online inventory is down.
by Andrew Boyd
In the fast-paced business world, things are evolving all the time. If you want to maintain the success of your business, you need to ensure that you are keeping up with the changing times, and adapt to all of the new demands that are being thrown your way.
Although the economy does seem to be on the right path once more, it can still be a difficult time for businesses if they do not embrace all of the new types of technology and marketing that is available to them. So whilst some of the things we are going to talk about in this post may cost you some money, they are all to help your business stay successful in the long term.
The most successful businesses are ones that are systemised because business owners are not stuck in the day-to-day grind of work, but rather developing their business. Businesses that have a solid foundation of systems are able to grow much more smoothly, creating fewer headaches for the business owner or manager.
There are 3 key pillars to business systemisation including People, Process and Technology. As a business starts to grow, people are usually employed to perform certain tasks. Typically business owners don’t document what needs to be done and what the most efficient way of doing it is, leaving employees to deliver important work to customers in different ways at varying degrees of standards. In turn, employers are left with inconsistent work, rework and unhappy customers.
What is it?
I’ve been working in technology longer than I want to admit and I’ve seen the same thing over and over again. It happens to I.T professionals, even university level teachers and high level government officials. It happens to micro business and small business owners and even school children.
At times in my life, usually when rushed, distracted or under stress, it has happened to me. It does not discriminate on the basis of age, financial status, education level, IQ, or gender but it can be prevented or mitigated by simple changes in process.
So what is it?
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