Don’t get Caught by Cyber Crime!

In our previous Cyber safety blog, we discussed the types of Cyber-attacks to be wary of, in an age of continuous technological developments.

Being aware of the potential threats is key to protecting your business, finances and information. However, you CAN do more to protect yourself.

The Australian Government, unfortunately, does not have the power to ensure 100% protection against Cyber threats, therefore it is up to you and your staff to ensure that your system is protected at all times.

 

What can you do?

 

  • Monitor your privacy

Who currently has access to your system, confidential information and finances? By limiting access to important and delicate information, you lower the risk of such information being compromised.

  • Complicate your passwords

Using passphrases instead of passwords makes your account harder to hack. Think of extending your password to two or three words to ensure your account is as secure as possible.

  • Use two-factor authentication

Like some internet banking facilities, two-factor authentication requires an initial log in, such as a username and password, followed by a secondary authentication such as a secure code sent to your registered mobile number. This increases security and may be something to employ in your business operations.

  • Encourage others

Encourage employees, colleagues, suppliers and clients to be wary of Cyber crime. Practising safe online use should be encouraged, with handy tips being emailed, displayed and shared among your network.

  • Back-up your system

Backing up important data to an external drive (stored in a safe place) may be an added task, but a task that could save your business. It is an essential safety measure to put in place in case your system is compromised in the future.

 

 

 

 

CONFIDENTIALITY DISCLOSURE AGREEMENT

  • The disclosers are willing to disclose such information to the recipient subject to their acceptance of the following conditions:
    1. The recipient shall treat all information received from the discloser as confidential and shall ensure that all such information remains confidential and shall not use any such information in any way other than for the specific purpose aforesaid. The recipient acknowledges that all conditions subsequent in this disclosure apply to the recipient and any associates of the recipient be they partners, co‐directors, trustees, holders of shares or officersin entity(s) the recipient has interest in.
    2. The obligations of paragraph 1 shall not extend to any such information which is in the public domain, or which hereafter becomes part of the public domain otherwise than as a result of any unauthorised activity or omission of the recipient, or which is already in the possession of the recipient and was not derived from the disclosers.
    3. The recipient shall return all such information received other than that which is submitted orally at the termination of such negotiations entered into as a result of this agreement.
    4. The obligations set forth in paragraph 1, 2 and 3 shall terminate 12 months from the date of this agreement or upon the disclosers and the recipients entering into an agreement whichever event occursfirst.
    5. The recipient shall obtain no rights of any kind to such information other than for the specific purpose stated in this agreement.
    6. The receiving party will not utilise any material made available to improve, construct or change another business, in such a way as to allow that business to compete with the business being discussed.
    7. The recipient understands that the information has been compiled by GMO from details provided by the Vendor. Prospective purchasers should be aware that it is not intended that any projections or this information be treated as a representation, warranty or promise by GMO or its representatives, as to the correctness of the information, or that all relevant information is contained in the information provided.
    8. The recipient acknowledges that they will not act on information provided without first seeking independent financial and legal advice.
    9. The recipient hereby agrees to declare any beneficial interest in any business that could currently be interpreted as being in competition with the subject business.
    10. The recipient agrees to return all documents supplied within 50 days of receipt (and any copies) should they decide not to proceed. The recipient further agrees to destroy any electronic information supplied by the Seller or GMO and to instruct their professional advisors to also destroy any information passed on by the Seller, the recipient or from GMO.
    11. The recipient acknowledges they are precluded from physically visiting the premises of the business or talking to any client, supplier or employee of the business without the permission of the discloser.
    The recipient/s hereby accepts the above conditions as binding on them in respect of the information referred to.
    By ticking you are accepting and agree to our Terms & Conditions including Confidential Disclosure Agreement & Privacy Policy.

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