Published on Jul 11, 2017

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Small business and cybercrime

The cyber security industry is expected to triple within the next ten years.

The federal government recently announced its Australia’s Cyber Security Strategy, along with funding and initiatives to combat cybercrime.

Initiatives include the development of a best practice guide on cyber security, support for small businesses to access cybersecurity testing and funding to enable universities to provide training to produce cyber-security experts.

Cyber attacks may target your client and employee data, or may attack systems that interfere with the way your product or service works.

Cyber-security breaches are potentially expensive, and can have a real effect on consumer trust and confidence in your business and its products.

Just one of the ways hackers can target business is through the Internet of Things (IoT).

The IoT and cyber-crime

The IoT is the network of devices such as phones and computers, cars and home security systems, smart TV’s, Bluetooth headsets, printers, wearable tech and even your kettle, if it’s Wi-Fi capable.

If it has on on-off switch and is WiFi capable it can be part of the IoT, so the IoT is only going to get bigger. That makes any device connected to the network a ripe target for cyber-crime, as infection with malware is a relatively low cost way to breach security.

As more and more things become connectable and as more and more people come to rely on that connection for their day to day tasks, the IoT will have larger security threats.

It is vitally important for you to get on top of your IT security if you are incorporating the IoT into your business.

 

Business.gov.au Entrepreneur’s Program are providing a series of webinars for business cyber security:

  • understand why small business is being targeted;
  • some easy steps to minimise the risk of cyber-breaches;
  • find out what kind of threats are facing SMEs;
  • responding to incidents and to legislative requirements;
  • using the cloud;
  • where you can go for help and resources for help.

The webinars:

  1. cyber security for small to medium enterprises on 31 July 2017.
  2. the cyber threat landscape for small to medium enterprises on 15 August 2017.
  3. cyber security operational basics on 15 September 2017.
  4. developing an effective incident response capability on 27 October 2017.
  5. cyber security in the cloud and outsourcing on 24 November 2017.

Register Here