Within the past two years, cyber attacks upon Australian Businesses have risen to alarming levels, costing businesses millions. The Australian Bureau of Statistics, stating that at least one major attack occurs to Australian Businesses each day.
Such attacks include:
– having sensitive information about the business stolen through the Website.
– groups hacking into the business websites and holding the data ransom until payment.
– changing information such as prices on goods, resulting in lost income to the business.
Of greatest concern, groups are no longer attacking the Larger Corporations, now rather targeting any business that has an online presence, irrespective of their size.
If your business has an online presence, you are at risk of an attack. Even those on Facebook have an exposure.
A survey recently conducted by McAfee found that 45% of SMEs reported having experienced an attack within the past 12 months.
Whilst another report found that “Specifically Australian companies in retail and financial services are far more likely to experience an attack. In contrast, energy and transportation are least likely to have a breach”.
This increase has resulted in a stark rise in costs to businesses, with a recent studies finding that the average cost to a Business has risen from $2.72 million in 2013 to $2.8 million.