May 17, 2020

Cyber Monday: Allianz study shows most Australian businesses not prepared for cyberattacks

Cybercrime
Cyber Security
Australian cyber security
Cyber Monday
Tom Wadlow
2 min
cyber security
As consumers take advantage of seasonal shopping deals on Cyber Monday, many businesses leave themselves open to attack from cybercriminals.

Despite cy...

As consumers take advantage of seasonal shopping deals on Cyber Monday, many businesses leave themselves open to attack from cybercriminals.

Despite cybercrime being widely ranked by Australian businesses as one the top risks facing them, more than half (56%) of smaller enterprises are not prepared for cyberattacks, research from Allianz’s Global Assistance division (AGA) reveals.

Cyber Monday is one of the busiest online days of the year, with many consumers looking to take advantage of retail sales. However, it also presents an opportunity for hackers to harvest valuable data.

The past year has seen an increase in local and global cyber-attacks, with a staggering 300% increase in 2016 alone. Whilst there are number of Australian small businesses that have security measures in place to combat these attacks, a survey conducted by AGA revealed that only 20% feel that their business is ‘very well’ protected from potential harm.

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Brad Smith, Chief Sales Officer of Allianz Global Assistance, commented: “It is alarming to see that cybercrime is increasing, yet organisations that regularly review and test IT systems is decreasing – 73% in 2015 to 57% in 2016. The need for a strong cyber security measure has never been greater.”

Whilst online retainers run the risk of becoming a cybercrime victim, the five most common cyber-attacks that impact small Australian businesses include ransomware, spyware, a Trojan, a virus or a worm, which can affect common devices such as desktops, laptops, tablets and smartphones.

The potential risks with these types of attacks include loss of data, compromised financial security and in worst cases, identity theft.

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Jun 4, 2021

Logi Analytics Webinar: Meet the speaker

LogiAnalytics
Webinar
Data
Technology
2 min
Join Technology Magazine and Logi Analytics for this exclusive webinar as we explore the revolutionary power of next-generation embedded analytics

Data allows business owners to leverage digital insights and embrace the power of data-driven business intelligence to make more informed decisions that are better for business growth and evolution. By using data to drive its actions, an organisation can contextualise and/or personalise its messaging to its prospects and customers for a more customer-centric approach.

BizClik Media Group and Logi Analytics invite you to explore next-gen embedded analytics in our live webinar. There’s still time to sign up for the event entitled ‘Application Imperative: How Next-Gen Embedded Analytics Power Data-Driven Action’, which is taking place on 10 June at 4 pm BST.

The webinar will be led by Constellation Research’s Principal Analyst, Doug Henschen, who focuses on data-driven decision-making. Henschen’s Data-to-Decisions research examines how organisations employ data analysis to reimagine their business models and gain a deeper understanding of their customers.

Henschen's research acknowledges that innovative data analysis applications require a multi-disciplinary approach starting with information and orchestration technologies, continuing through business intelligence, data visualisation, and analytics, and moving into NoSQL and big-data analysis, third-party data enrichment, and decision-management technologies.

Constellation Research is a technology research and advisory firm based in Silicon Valley. Prior to joining Constellation, Doug Henschen led analytics, big data, business intelligence, optimisation, smart applications research, and news coverage at InformationWeek.

What will the webinar cover?

This exclusive webinar will explain next-gen embedding capabilities that will enable your company to:

  • Eliminate unproductive toggling between transactional interfaces and purely analytic dashboards
  • Drive two-way interactions between app features and embedded analytics to drive data-driven action
  • The compounding impact of embedded analytics on your overall ROI
  • Harness analytics as triggers for automated workflows and suggested next-best actions
  • Enable developers to build quickly without coding while customising self-service options for end users

Logi Analytics is the only developer-grade analytics solutions provider focused exclusively on embedding analytics in commercial and enterprise applications, empowering the world’s software teams with the most intuitive data analytics solutions and a team of dedicated professionals invested in your company’s success.

Why not sign up today to find out exactly how Logi Analytics can revolutionise your data analytics game?

We look forward to seeing you there!

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