Protect Your Business With Help From IT Security Melbourne Experts

Last year Hewlett Packard sponsored a report on malicious activities online and their impact on businesses. Titled, 2015 Cost of Cyber Crime Study, it was conducted independently by Ponemon Institute and is a very detailed report into to the detrimental effects these attacks can have. If you are running a business it would be worthwhile reading the report and ensure you are suitably protected against potential cyber crime with the assistance of a qualified IT security Melbourne professional.

The study was conducted globally and investigated a range of businesses within the following countries: Germany, Japan, United States, United Kingdom, Russia, Brazil and Australia. Statistics were complied and then separate reports were generated for each country. The United States had the highest total average cost of cyber crime with over $15 million dollars estimated to be lost by the business involved in the study!

In Australia the study found that cyber crime had risen 13%  since the previous year. The 28 organisations taking part had an estimated loss of revenue between $792,932 to $18 million. The average cost being estimated at $4.9 million per year! These are extraordinary figures which highlight the need for your business to be suitably protected. An experienced IT support Melbourne technician can conduct a security audit to see where weaknesses are in your system.

cyber crime cost
Cost of Cyber Crime Annualized Total Cost

Other important findings that the Cost of Cyber Crime Study report found were:

  • Cyber crime costs differ between the size of an organisation. Unfortunately small businesses suffer higher costs per capita than larger businesses.
  • No industry is exempt from cyber crime. Some of the most targeted organisations include energy and utility services, financial sectors, technology industries, media, consumer products and retail stores.
  • Cyber attacks can be very costly to a business is not rectified quickly. Keep in mind the average time to resolve a cyber attack was 31 days. Some malicious attacks may lay dormant to reappear at a later stage, causing more havoc.

To alleviate any worries and be able to focus on running your business successfully and smoothly, leave IT Security Melbourne to the professionals who can close any loopholes in your current system. Don’t let your business become another victim of cyber crime!

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IT Security Melbourne Can Check Your Defences With a Penetration Test

As a business owner it’s important to know that your computer systems are secure from malicious threats. Any breach within your security can cause chaos, from sensitive information being copied, such as customers banking details, to lost revenue from your business being offline. It’s important to have a penetration test performed by you trusted IT security Melbourne professional to see where your businesses vulnerabilities lie.

Many people can confuse a penetration test with a security assessment or a compliance audit. The main different with the penetration test that sets it apart from audits is that instead of just identifying vulnerabilities in a business’s system, it goes further to exploit these weaknesses to prove or disprove the effectiveness of your defence. This may take the form of multiple attacks from different sources at the same time.

Although you may think your system is up to date in regards to security it’s important to bear in mind that new vulnerabilities such a harmful viruses are uncovered everyday! These attacks are continually increasing, and their evolving complexity and ability to infiltrate systems is very alarming. By performing a “real world” security breach on your system you can see how well it stands up to online threats.

It’s vital for the security of your business to have a penetration test carried out by your trusted IT support Melbourne expert on a regular basis. They would also advise you to have a test every time you install or upgrade network infrastructure, move office locations and equipment and when security patches are applied.

The benefits of conducting regular penetration tests include:

• Your businesses security weakness are identified and the impact is measured, allowing appropriate action to be taken to remedy the most critical vulnerabilities.

• Protect your businesses image and reputation by ensuring your customers details are secure.

• Reduce costly business downtime due to network failures as a result of security breaches.

• Meet the compliance requirements of governing bodies to avoid fines, such as Payment Card Industry and Data Security Standards (PCI DSS).

By ensuring your trusted IT security Melbourne expert conducts penetration tests when required you can feel safe knowing your businesses defences are secure and working effectively.