An investigative report into security policies of SME's in Australia

TL;DRAbstract

Advances in technology have facilitated a new form of business opportunity: ecommerce. In the rush to join in on e-commerce activities, many companies fail to recognise the importance of security in this on-line business environment. This lack of attention to security was reflected in the Global Information Security Survey 2002 conducted by Ernst & Young. The survey found that 91% of businesses in Australia reported that their critical business systems are increasingly being interrupted. This is high compared to the global measure of 75%. SMEs are equally as susceptible to information security attacks as large corporations. However, SMEs do not normally have the abundant resources of larger corporations so the damage inflicted by security infringements will be greater. In Australia, it is essential that SMEs are aware of the importance of implementing stringent security measures since these enterprises account for nearly 50% of the total Gross Domestic Product and 35% of exports in

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