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ARTICLE · 07 AUGUST 2014

Computer hacking and data breaches: risks for small businesses

All businesses, even SMEs, are vulnerable to attacks of computer hacking and data breaches by cybercriminals.

AustraliaMedia, Telecoms, IT, Entertainment
David Hinder
David Hinder
Kemsley Brennan
Kemsley Brennan

In brief - All businesses are vulnerable to attacks by cybercriminals

The risk of a business experiencing a data breach continues to rise, as do the costs to businesses which experience such breaches. Cybercriminals can target even small and low-profile businesses, so SMEs should actively take steps to reduce the risks.

What is a data breach?

The term "data breach" refers to an incident in which an organisation's data is exposed to unauthorised observers. This can occur when hackers obtain access by exploiting weaknesses in a computer system, or employees copy data and make it available to others, or storage devices containing data are inadvertently lost.

While the effects of most breaches are dwarfed by Edward Snowden's notorious leak of roughly 1.7 million classified documents, typical cybersecurity breaches still pose a substantial risk to businesses.

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