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Nov 21
Securing Customer Data – ASCS Guide

Securing Customer Data for Small to Medium Businesses [Australian Cyber Security Centre]

  • November 21, 2023
  • Chris Webber
  • Insurance Tips

Data breaches against Australian businesses and their customers are increasing in complexity, scale and impact.

The Australian Signals Directorate’s 2022/23 Cyber Threat Report, released last week, reveals a daunting reality: a 23% increase in cybercrime, with over 94,000 incidents in the last year alone. This surge, representing only a fraction of the broader issue, underscores a critical need for robust cyber defences, especially for small businesses.

In an era where such cyber threats are escalating at an unprecedented rate, staying ahead is not just an option; it’s a necessity.

As a business owner, you have a responsibility to keep the personal data of your customers secure from unauthorised access, disclosure, corruption and loss. Consequently, it is crucial to proactively implement measures to secure any personal information or data your business holds.

To help you do so, the Australian Signals Directorate’s Australian Cyber Security Centre (ASD’s ACSC) has launched a new publication, Securing Customer Personal Data for Small to Medium Businesses.

In this publication, small to medium business owners can access principle-based guidance to ensure their data security, collection and usage practices are appropriate – from limiting and deleting personal data, through to encryption, back up and reporting known data breaches.

There’s never been a more important time to be prepared, be proactive, and improve your cyber security posture and practices to ensure your customers’ personal data is secure.

Download the guide from ASD here to learn more about keeping the personal data of your customers protected while improving the resilience of your business against cyber incidents.

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About The Author

Chris Webber is the Director of Webber Insurance Services. Chris has been in the insurance industry for 20 years and is an SME business insurance specialist. The information on this blog and website is of a general nature only. It does not take into account your individual financial situation, objectives or needs. You should consider your own financial position and requirements before making a decision. We recommend you consult a licensed insurance broker in order to assist you.

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