Seven top cyber
safety measures for business
One in five Australian
businesses suffered an electronic breach or cyber attack in 2012. Most report
an average of two attacks a year. Companies put their own ability to
effectively secure their organisation at 4.5 out of 10. Australia is now 21st
in the most attacked nations list, up from 24th.
Statistics on the lack
of business cyber security and increase in cyber attacks abound. It's no wonder
experts continue to warn that poor security practices can compromise company
finances and put commercial and customer information in the wrong hands.
According to Australia's Computer Emergency
Response Team (CERT) 2012 Cyber Crime and Security Survey
Report in February, 20 per cent of Australian businesses were the subject of
hacking or other cyber-attacks last year.
The most serious
involved the use of malicious software including ransomware and scareware,
which extort payments for the return of data; trojan or rootkit malware, which
lodge in the company's systems to steal information; theft or breach of
confidential information; and denial-of-service (DoS) attacks.
In Operation Lino,
Australia's biggest investigation into compromised credit cards, it was found
that a Romanian criminal syndicate gained access to 500,000 Australian credit
cards, and about 30,000 credit cards were used for fraudulent transactions
amounting to more than $30 million.
compromised, where full control of their computers gave full access to
point-of-sale terminals, which gave access to details of all credit
cards," says Brad Marden, Australian Federal Police acting manager for
cyber crime operations.
According to the
Symantec Internet Security Threat Report released Tuesday, AUstralia
experienced an increase inthe level of cybercrime in 2012 and is now ranked
21st in the most targeted nations by cyber criminals.
Symantec's director for managed security services, said Australia's enthusiasm
for technology was partly the reason.
"As a nation of early
adopters with a strong economy which uses technology to remain competitive,
Australia is turning out to be an attractive target for cybercriminals,"
Sparkes said in a statement.
A study of 485
Australian technology and security professionals by the Ponemon Institute for
Juniper Networks released this week as part of a global survey, found
respondents rated their own organisation's security effectiveness as 4.5 out of
10. They rated their organisation's ability to quickly detect and prevent cyber
attacks also as poor at 4.4 and 4.6, respectively.
The report said the
issues that keep most IT and IT security practitioners up at night are
"the theft of their organisation's intellectual property, including
research and development, business strategies and industrial processes";
and the theft of "confidential information used to obtain authentication
credentials to infiltrate networks and enterprise systems".
But Marden says 85 per
cent of cyber intrusions can be prevented, and recommends adopting some of the
Australian government's Defence Signals Directorate (DSD) strategies. Security
vendors also offer similar advice.
Here are some of the
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