Last updated:
22 August 2018
Link:
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In 2017 one in four Australian small businesses were affected by a cyber security incident. Increased reliance on new technologies and greater connectivity with third party service providers has increased vulnerability to cyber attacks. With that comes the risk of having your IP stolen.
IP theft doesn’t only happen through external threats. Ensuring you have appropriate internal policies and procedures can also help reduce the risk of theft and misuse.
The data held by your business is valuable IP. But as important are your obligations under privacy legislation. If a data breach occurs there may be some mandatory actions that you will need to take.