Managed IT Services Melbourne: Why is Cyber Security crucial and its impact on Australian Business​

What is Cyber Security for Australian business  
Cyber security involves protection of IT systems, IT Infrastructure and devices such as computers from threats, hacks and viruses. The practice is used to prevent unauthorized access, change or destroy sensitive information or interrupting normal business processes and business IT assets.  In Australia, more than half the Australian business have experienced attacks on their system in 2020 which resulted in losing an average of 4 days of productivity.
According to a new report by security firm Mimecast, ransomware attacks have also increased by 64% in 2020 disrupting Australian business. Managed IT Services firms provide cyber security as part of their business it services.
 
Why is cyber security important?
With increasing number of interconnected users, devices, cloud computing and IT infrastructure in today’s enterprise, the confidential data continues to grow and so with the importance of Cyber Security. Cyber security is becoming increasingly significant due to increased reliance of Australian business computer systems and networks.
 
What are the different areas of cyber security?
 
With advancement in technology, the frequency and the sophistication of the cyber attacks is growing. The cyber security field has been classified in to different categories, the coordinated effort of which is important for organization’s Cyber Security programs.  
Cyber security has been divided in different categories some of which are:
 
Network security
A practice of securing a firms’ networks from intrusion and attackers and malware.
Application security
A practice which focuses on securing applications against cyber threats and cyber attacks. Applications contain sensitive user data which may be compromised in an event of an cyber attack.  
Information security:
A practice of protecting data integrity and data privacy in stored state or in transmission state.  
Operational Security:  
A practice which focuses on dealing with and operating data assets. How is the data accessed by users and the procedures that determine how and where data may be stored and accessed.
Disaster Recovery and business continuity
A practice which involves the procedures to follow in case of a breach and how to respond to a cyber security incident that causes loss of business functionality and data failure. Disaster recovery plan dictates a firms procedures to restore its IT operations and IT information to the state prior to the incident. Business continuity is the ability of a business to continue to operate without all the IT resources.  
User education
User Education is an important area which talks about educating people. People knowingly or otherwise may introduce a malware or vulnerability to an otherwise secure IT system. Following good user security practices like deleting suspicious emails and not using unknown USB drives are vital to IT security in any organization.
 

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