Shoring Up Cybersecurity Tied to Bottom-Line Losses

Shoring Up Cybersecurity Tied to Bottom-Line Losses

“Until it hits them at home, it won’t matter much,” said Scott Goldman, CEO of security firm TextPower, based in San Juan Capistrano. “The very fact that people are becoming numb to the constant stream of breaches indicates the pathetic level of security provided by most online services.”

Cyber security should be one of the costs of doing business in the digital world.   Depending on where your business is, there is not one that would forgo Business insurance or professional indemnity insurance.   Cybersecurity should be as important as them.

When business, organisations and government understand that then we will start to build a better and more secure digital world.   Until then we will wallow in the place where we are at the moment.

A data breach should be a news worthy item.   The constant barrage of stupidity that comes from even multinational making bad decisions about cyber crime and cybersecurity is damaging business in the digital world.


Roger Smith, is an educator. Teaching students at ADFA (UNSW) and showing them how vulnerable they are to cybercrime.

He is also CEO at R & I ICT Consulting Services Pty Ltd, an Amazon #1 author on Cybercrime and founder of the SME Security Framework. He is a Consultant who specialises in inexpensive and highly effective security strategies for small and medium businesses and not for profit organisations.

He has developed and authored the SME Security Framework and the Security Policy Training Course which are considered to be the definitive guides to helping SME's protect their organisation using the principles of Technology, Management, Adaptability and Compliance.