cyber security sydney

5 Ways To Prevent A Cyber Attack

A cyber-attack can happen to any business and anyone.

 

Here are some quick Cyber Security stats in Australia:

    • 1 in 10 companies in Australia fall victim to cyber-attacks
    • The average cost of a cyber hack to an Australian business is $276,323
    • The average cyber hack takes 23 days to resolve
    • In Australia, a business is hacked every 9 minutes
    • In 2020 there were 59,806 cyber-attacks reported in Australia 
    • 60% of attacks occurred on small and medium-sized businesses


The internet is a fundamental part of life, and unfortunately, there’s a HUGE amount of Cybercrime that people aren’t aware of. Criminal activity includes stolen credentials, banking details, scamming money off the elderly, business ransom and personal identity theft, to name a few.

Hacking is now a money-spinning business where criminal organisations earn millions of dollars to sell people’s data and hold individuals and businesses for ransom. In some countries, a major client of some of these organisations is their own government. Cyber Criminal techniques are more advanced than ever before.

Another blackmail tactic cybercriminals use is the threat that they will release stolen information to the public. Cybercriminals have learned to play the “long game” and once compromising a business, they lurk and spy on your network, strategising on what they might do and how they may inflict the most damage. Before pulling the trigger on their data encryption tools, they steal as many passwords, user details and other intellectual property to use against you and other businesses as possible. Without the right tools in place, businesses often don’t know their credentials have been stolen. The realisation that you have been breached may only come after the inevitable ransom demand. It’s scary to think about, but it can’t be ignored.

The Australian Government is spending $1.67 billion to build new cybersecurity and law enforcement capabilities to detect, target, investigate and disrupt cybercrime including the dark web.

What Can a Data Breach Cost My Business?

The cost of cybercrime to Australian Businesses

Cost of cyber attack
Source: Australian Cyber Security Centre www.cyber.gov.au

How do I keep my business’ data safe?

Much like the medieval castles of the past were protected by moats, drawbridges, multiple walls and inner gates, the best defence against Hackers are many layers and tripwires.

Cyber Security is something you NEED to implement.

 

Here are the five best practices every business should have in place to ensure their systems and client’s data is secure:


1. Use a business-grade Firewall
A firewall is a network security device that monitors incoming and outgoing network traffic and decides whether to allow or block specific traffic based on a defined set of security rules. It’s able to recognise and block hacker traffic

2. Use filtering to combat viruses
The easiest way to remove viruses like Malware is by using an antivirus program designed to clean your system safely and to protect all devices and users 

3. Use a bot detector
A bot is an app that is left hidden by a hacker to spy on your network. A bot detector blocks the activity of the software used by the hacker to monitor your network

4. Implement two-factor authentication
Two-factor authentication (2FA) is a security system that requires two distinct forms of identification in order to access something. It’s used to strengthen the security of a device and alerts the user that a password has been compromised

5. Educate your staff
Educating and providing simple training to your employees is the best way to give users the knowledge to spot an attack. This prevents staff from clicking on suspicious emails or clicking on spam links that can compromise your internal data.


If you’re worried about your business’s cybersecurity or want help to implement measures to keep your business and customer’s data safe, call 1300 292 377 or claim your
FREE CYBER SECURITY ASSESSMENT (usually $250) from CyberPro in the month of September by clicking here.

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