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ARTICLE · 18 MAY 2015

The Importance of Cyber Security to business

If hackers or ex-staff can obtain access to computer systems, they can steal IP and cause significant commercial damage.

AustraliaIntellectual Property

One of the greatest fears of any business relates to the ability of hackers and ex-staff to obtain access to their computer systems, steal their intellectual property and cause significant commercial damage. I recently attended a conference in Washington on electronic communications and large parts of the sessions were dedicated to the issue of cyber security.

Presentations were given by the FBI, Homeland Security and CIA who all confirmed the prevalence of cyber-attacks. One notable point was that many attacks are not directed at the central systems of businesses. Hackers have found that these systems are often quite well protected by firewalls. The attacks, however, are directed at peripheral apparatus – laptops, mobile access devices and remote access computers. Hackers have found that these devices are far less protected and once infiltrated provide a clear and open line to the central business.

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