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Be Cyber Wise, Don't Compromise

Updated: Jan 29

Did you know "Throughout 2021–22, one cybercrime was reported every 7 minutes to the Australian Cyber Security Centre (ACSC)." It is all too easy to become complacent with your business's cybersecurity, until it's too late. This is evident from the large-scale cyber attacks major corporations are facing on a regular basis. That is why it is becoming more and more critical for businesses to activily boost their cybersecurity protocols. And if you don't belive me, have a read of a number of steps the ATO strongly suggests businesses follow to better protect not just your staff's data but also your clients' data. Step 1: Install updates for your devices and software

Regular updates ensure you have the latest security in place which can help prevent cyber criminals from hacking your devices. You should also make sure you are downloading authorised and legitimate programs.

Check your devices for updates, and turn on automatic updatesExternal Link so that future updates are made straight away when charging and connected to Wi-Fi.

Step 2: Implement multi-factor authentication

Multi-factor authentication (MFA) is a security measure that requires at least 2 proofs of identity to grant access. Businesses as well as individuals should implement MFA wherever possible. MFA options can include a physical token, authenticator app, email or SMS.

Learn how to turn on MFAExternal Link for your accounts.

Step 3: Regularly back up your files

Backing up copies of your files to an external device or the cloud means you can restore your files if something goes wrong. It is a precautionary measure that can help to avoid costly data recovery.

Setting up and performing regular backupsExternal Link in your system or application settings can provide you peace of mind that your devices are backed up on a regular basis.

Step 4: Change your passwords to passphrases

Using passphrases can boost the security of your accounts and make it harder for cyber criminals to access your information. PassphrasesExternal Link use 4 or more random words and can include symbols, capitals and numbers. A password manager can help you generate or store passphrases. Information taken directly from the ATO website, to view the original article click this link: https://www.ato.gov.au/newsrooms/tax-professionals-newsroom/be-cyber-wise-don-t-compromise

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