Small Biz Matters – a half hour program each week where you can work ON your business rather than IN it.
with Alexi Boyd from Boyd Office Management Services
Date: 26 February 2018
What strikes a fear into small business owners greater than unpaid invoices, staffing issues or dodgy suppliers? Its cybersecurity. But the reality is very few, if any small business owners have a strategy in place to prevent cyber attacks nor a process to deal with it when it strikes. It’s a little bit of “It won’t happen to Me” and a little bit of “I don’t know where to Start”.
The fact is most small businesses often don’t know what to expect when we are experiencing a Cyber Attack let alone how to deal with it. And a Management IT Consultant (whom we should all have in our arsenal of advisor consultants) is considered a luxury for most of us.
And yet we are all vulnerable.
Well, today’s guest should be able to shed some light on what to expect, how to deal with it and how to start protecting your business NOW is Steve Moros, the Director of Security, Cisco ANZ.
Welcome to the show Steve.
Topics we’ll be covering:
The data breaches making headlines are mostly those that are launched against large enterprises, but this doesn’t mean smaller companies are immune. SMBs are also very vulnerable and have increasingly become the focus of attacks; often being viewed as soft targets because of their less-sophisticated security infrastructure and lack of access toIT resource.
Cisco’s recent Cyber Security Benchmark Study for SMBs reiterates this point. The report shows that 53 per cent of SMBs globally (including Australia) have experienced a breach, with 20 per cent saying that breaches have costed them more than $1M in economic loss. 40 per cent have experienced more than eight hours of system downtime due to a severe security breach. These numbers are enough to put an unprepared SMB out of operation — permanently.
Small businesses can avoid being a victim of a cyber-attack by putting some simple and effective measures in place to prevent breaches.
To find out more go to their website: https://www.cisco.com/c/en_au/solutions/small-business.html
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