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Data Breach

APRIL 20, 2018

More and more people are trusting their sensitive personal information in online apps and services. From 2005 to 2008 there has been over 8,668 data breaches, leading to 1,066,247,507 records exposed.

However, in 2005 there was only 157 breaches of data compared to the 1579 breaches recorded in 2017. That’s an increase of 905%!! This isn’t even the scary part. It’s the severity of the breaches that raises our concerns.

The first big breach in 2005 had leaked over 1 million credit card number. Now, we are hearing about those that expose tens of millions of records ever couple of months. In fact, the largest amount of records exposed in 1 breach was 130 million.

Accordingly, these stats are often coming out of large databases which aren’t as commonly hit by these types of hacks. Due to statistics like this, there is often an illusion created that small companies are way too small to be hit with these attacks. This is not the case.

Small to medium sized businesses are the ones most at risk, and this is simply due to the belief that they aren’t. And, upwards of 120,000 Australian businesses don’t have the necessary data security in place to fight off hackers.

You can refer to out blog “Network Security | Protecting your business” for some quick and easy steps to start securing your network.

However, it’s crucial that you, as a small business owner understand the consequences of a breach in your data. A data breach can cause significant financial impacts, damage your reputation and cause a harm your customers.

If your wanting to find out more about your Network then give us a call at 1800 265 880

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