Get All Access for $5/mo

Five Smart Ways To Protect Your Business From Cyber Attacks Establish a cyber culture, says Deloitte Private technology leader

By Pooja Singh

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur Asia Pacific, an international franchise of Entrepreneur Media.

When it comes to scaling in the current economic environment, companies are focusing on emerging technologies. This, however, is putting them at an increased risk of cyber attacks. A report by Deloitte says information security is currently the number one trend affecting business, the workforce, and customers.

Almost 40 per cent of private businesses state that managing cyber-security and information security risks will be the top investment priority over the next 12 months, says the report, "Technology in the mid-market: Embracing technology", which was published in August. About half of the 500 surveyed said they plan to use blockchain to store/secure digital records and provide control of both data and assets.

Over the past few years, cyber attacks have been increasing at an alarming rate. A recent Frost & Sullivan study says the potential economic loss across large-sized organizations in Asia Pacific due to cyber-security incidents can hit a staggering US$30 million.

What can companies do to secure themselves? Chris Jackson, senior manager at Deloitte Consulting LLP, Deloitte Private technology leader, and author of the August report, has the answer.

Pooja Singh

Former Features Editor, Entrepreneur Asia Pacific

 

A stickler for details, Pooja Singh likes telling people stories. She has previously worked with Mint-Hindustan Times, Down To Earth and Asian News International-Reuters. 

Branding

7 Steps to Building a Personal Brand to Support Your Business

Your company's personal brands may have the potential to multiply the reach of your content -- not to mention the trust of your customers..

Marketing

How Much Did That New Customer Cost You?

Determine your marketing plan's effectiveness by analyzing how much you're spending to gain just one client.

Business Solutions

Increase Productivity with This Microsoft 365 Subscription, Now $25 Off

It can make the entrepreneur life a lot easier.

Business News

Apple Pay Later Is Ending. Here's What's Taking Its Place.

The program was available for less than a year.

Business News

He Changed His Lottery Strategy After Taking Advice From His Father. Then He Won $7 Million.

The anonymous 38-year-old man broke the record for the most money won in the Michigan online lottery.

Travel

Travel Better for Business and Beyond with OneAir Elite for $80

Sometimes you need to take things into your own hands and leave the office to develop business. This subscription can help.