End of financial year is already hectic enough without worrying about cyber threats. But here’s the thing – while you’re focused on tax returns and financial reports, cybercriminals are counting on you being distracted.
Think of this as your digital spring clean. Just like you wouldn’t leave your office unlocked over the holidays, your business data needs the same attention as your financial records.
Why EOFY is Prime Time for Cyber Attacks
Hackers know business owners are stretched thin during EOFY. You’re juggling deadlines, working longer hours, and your guard is down. It’s the perfect storm for a successful cyber attack.
The good news? A few simple tasks now can save you from a massive headache later.
Your 7-Point EOFY Security Checklist
1. Update All Your Software
Those update notifications you’ve been ignoring? Now’s the time to deal with them. Outdated software is like leaving your front door wide open.
Update your operating system, antivirus software, and any business applications. If you’re not sure what needs updating, most systems have an automatic check function.
2. Review User Access Rights
Who still has access to what in your business? That employee who left six months ago might still be able to log into your systems.
Check who can access your files, email accounts, and business systems. Remove access for anyone who no longer needs it.
3. Back Up Your Critical Data
Your financial records, customer information, and business documents need to be safely backed up. Not just once – regularly.
Test your backups too. A backup that doesn’t work when you need it is worse than no backup at all.
4. Strengthen Your Passwords
If you’re still using “password123” or your business name plus the year, you’re making it too easy for hackers.
Use strong, unique passwords for all your accounts. Even better, consider using a password manager to keep track of them all.
5. Enable Two-Factor Authentication
This adds an extra layer of security to your accounts. Even if someone gets your password, they’ll need your phone or another device to get in.
Enable it on your email, banking, and any cloud services you use for business.
6. Review Your Email Security
Email is still the number one way hackers get into business systems. Make sure your spam filters are working and train your team to spot suspicious emails.
When in doubt, don’t click. It’s better to be safe than sorry.
7. Check Your Cyber Insurance Coverage
Review your policy to make sure it covers your current business operations. As your business grows and changes, your insurance needs might too.
Don’t Go It Alone
Cyber security doesn’t have to be complicated or time-consuming. The key is having the right systems in place and keeping them maintained.
Ready to tackle your EOFY cyber clean-up but not sure where to start? JCPIT offers a free security check to help Australian businesses identify their biggest risks and create a simple action plan. Contact us today to book your complimentary assessment.
