Smart Security: Six Ways Technology Is Transforming Business Self-Protection | The Canberra Times

By adopting new technologies and incorporating effective security measures, organizations can ensure that they are well protected against cyber threats while reaping the benefits of technological advances. Image Shutterstock.

Regardless of the nature of your business, security is by far one of the most critical aspects of long-term business success.

Mobile patrols, video surveillance and nationwide security service – these services play an essential and irreplaceable role in protecting businesses of all sizes from a variety of threats such as theft, asset damage and the safety of employees, customers and customers.

However, as the IOT (Internet of Things) continues to integrate into modern business workflows and processes, there is an increasing need for organizations to deploy a variety of the latest technologies to mitigate threats that go beyond the physical.

For an organization to effectively protect itself against a variety of threats, it must take a complementary approach. That means taking advantage of both physical security services and technologies that can help protect a business from a variety of cyber threats such as hacking, data breaches and more.

This article explores six ways technology is helping organizations keep their data and assets secure to protect themselves in 2023.

Cloud computing offers more secure storage

Cloud computing has become a popular way for many businesses to store and access data, allowing for not only more secure storage but also increased scalability, flexibility, and cost savings.

This technology allows businesses to store data and files on the Internet via a cloud computing provider, accessed either over the public Internet or, in most cases, a dedicated private network connection.

In terms of security, cloud computing is considered more secure than traditional on-premises computing for a number of reasons, including data encryption, multiple layers of security, regular software updates, and servers typically located in warehouses that most workers or unauthorized personnel do not have have access to.

For most small and medium-sized businesses, using cloud computing can be a really safe and convenient way to store sensitive information like bank account numbers and debit/credit card information that could otherwise fall prey to cybercriminals and lie around.

In addition, data stored in the cloud is 100% safe from physical damage or natural disasters such as fire, flood and hurricane.

Discover seven reasons why the cloud is more secure here.

Use of technology to increase cyber security

With the growing number of cyber threats in 2023, organizations are becoming increasingly aware of the need to protect against cyber attacks. Unfortunately, some of the most recent and high-profile cyberattacks that have recently affected thousands of Australians across the country include the Optus data breach, the ProctorU data breach and the Australian National University (ANU) Bata breach, which have impacted both businesses and customers inflicted devastating damage.

As a business, you definitely don’t want to be in the position of having to repair your reputation after a data breach, so prevention is key. Fortunately, technological advances in areas like artificial intelligence, biometrics, and machine learning are now being used to improve cybersecurity measures and protect businesses from cybercriminals and hackers.

For example, AI-based security systems help organizations detect and respond to potential threats in real time, reducing the risk of cyberattacks and data breaches. Additionally, technologies such as firewalls, intrusion detection systems, and virtual private networks (VPNs) can also be used to secure an organization’s network to prevent unauthorized access and protect sensitive data from interception while it is transmitted over a network become.

This is especially important for companies that handle sensitive data, such as financial institutions, healthcare organizations, and retail companies.

Technology helps protect remote workers

Since the outbreak of the pandemic in early 2020, more and more companies have embraced the concept of flexible working arrangements, which offer a variety of benefits for both employers and employees. However, with the advent of remote working, organizations must also be able to protect sensitive information even when employees are working from home.

Luckily, technologies like VPNs (Virtual Private Networks), multi-factor authentication, and data encryption have proven incredibly useful in protecting data from cyber threats, even when working remotely. Additionally, concepts such as the Zero Trust framework play an essential role in securing infrastructure and data for today’s modern digital transformation.

This type of technology uniquely addresses the challenges facing modern businesses, including securing remote workers, hybrid cloud environments, and ransomware threats.

Blockchain provides tamper-proof transaction records

As defined by Investopedia, a blockchain is a digitally distributed, decentralized, public ledger that exists over a network. Blockchain works as a decentralized ledger system, meaning information is stored on multiple nodes on a network rather than in a centralized database. Once data is recorded on a blockchain, it can never be altered or deleted.

This provides a permanent, tamper-proof record of transactions, which is especially useful for protecting sensitive information and intellectual property. This popular technology is particularly useful for businesses that need to protect sensitive information such as intellectual property, financial transactions, and legal documents.

In addition, blockchain can reduce the risk of fraud and increase trust in a company because it allows for greater transparency in transactions and records, making it easier for companies to track and verify the authenticity of information. In short, by using blockchain, organizations can ensure information is stored securely and tamper-proof, reducing the risk of data breaches.

Learn how small businesses can leverage blockchain security here.

Data encryption protects confidential information

Whether you have a brick-and-mortar business or an e-commerce business, your data is the lifeblood of your business.

When it comes to protecting sensitive information, be it customer information or internal records, it’s important to remember that data leakage can occur for a number of reasons. With this in mind, encryption is a crucial tool to secure sensitive data and protect it from unauthorized access.

Advances in encryption technologies have made it possible to encrypt data in transit and at rest, providing a higher level of security for an organization and its customers.

Additionally, encryption technology is being built into a variety of devices and systems, making it easier for organizations to secure their data. Most importantly, data encryption helps ensure the confidentiality of sensitive information even if it is intercepted or stolen.

This helps protect the privacy rights of individuals and organizations and reduces the risk of identity theft and fraud.

Did you know that many industries, such as healthcare and finance, are subject to strict regulations that require sensitive information to be protected? Data encryption helps organizations comply with these regulations and avoid costly fines and penalties.

Learn more about how to protect sensitive information from falling into the wrong hands with this small business guide to computer encryption.

Antivirus software protects businesses from attacks

Last but not least, antivirus software technologies help protect against malware such as viruses, trojans, spyware and ransomware, which can cause significant damage to an organization.

Without these measures, an organization becomes vulnerable to a variety of threats, including malware, data breaches and infected systems/data, among many other problems.

In addition, antivirus software can help reduce downtime by quickly identifying and removing malware before it can cause significant damage to systems and networks. This helps ensure business operations can continue smoothly and with minimal disruption.

And there you have it – six key ways technology is transforming how businesses protect themselves in 2023 and beyond. By adopting new technologies and incorporating effective security measures, organizations can ensure they are well protected from cyber threats while reaping the benefits of technological advances for continued business success.