A lot of small businesses think they're too small for hackers to target.
Unfortunately, hackers know that small businesses often have weaker security systems than big companies, making them easier targets.
Your business probably handles private customer information and other sensitive data and the last thing you want is for that to be stolen.
That's why cybersecurity is so important. Without it, you're at risk of losing money, damaging your reputation and getting into legal trouble.
Know your risk:
The Australian Cyber Security Centre provides valuable small business cyber security resources that can help you assess where your business is most vulnerable.
How do I protect my business?
Taking simple steps can make a big difference with your safety online.
Things like using strong passwords, keeping software updated and training your staff to spot scams can make a big difference in protecting your business.
We have created a useful acronym called STAR to help you remember the steps for protecting your business from cyber-attacks.
Set password requirements for your business’s devices.
Where possible, use multiple factor authentication (MFA). Do not click on suspicious emails and attachments.
Ensure you and your staff undergo cyber security training.
If you or one of your staff accidentally clicks a link or encounters a suspicious activity such as an email from an unknown sender, contact the Australian Cyber Security Hotline on 1300 292 371 as soon as you can.
Check your security settings regularly and update your operating systems when notified.
Taking an informed and proactive approach will help you to minimise the risks when it comes to cyber security.
Other helpful tips:
Understand cyber security threats to your business.
Secure your accounts, protect your devices and information and educate your staff.
Prepare a cyber security emergency plan and ensure your staff are aware of their roles and responsibilities.
Monitor your accounts (including bank details, digital portals and social media) for unusual activity or transactions.
Keep up to date with security issues.
Become an Australian Signals Directorate (ASD) ‘partner’ to receive the latest information and alerts when a new cyber threat is identified.
Review your business insurance requirements Do you have cyber liability insurance to protect your business from potential legal costs and expenses related to cybercrime? Ensure you know what your insurance policy covers and what it doesn't.
Turn on multi-factor authentication wherever possible, starting with your most important accounts.
Use a password manager to create and store unique passwords or passphrases for each of your important accounts.
Limit the use of shared accounts and secure any that are used in your business.
Further information can be found on the Australian Government’s cyber website
Turn on automatic updates for your devices and software.
Create and implement a plan to regularly back up your information.
Set up security software to complete regular scans on your devices.
Speak to an IT professional about ways to secure your network.
ID Care - If you have an incident or suspect you’ve been attacked there are free incident responders to guide you through what to do next.
ScamWatch - The most common cyber issue for Tasmanian businesses are scams. ScamWatch has a page helping small and medium businesses protect themselves from scams.