CYBER SECURITY THREATS FACED BY SMALL BUSINESS IN AUSTRALIA
Cyber criminals typically follow the money. Australia’s relative wealth, high levels of internet access, and growing online channel distribution make it very attractive and lucrative for cyber-crime adversaries.
Transnational cybercrime syndicates and their affiliates, which produce, distribute, sell, and use sophisticated tools and techniques, are a growing concern.
Cybercrime is one of Australia’s most common threats and the most significant threat in terms of overall scale and effect on individuals and businesses. The Australian Cyber Security Centre (ACSC) responded to 2,266 cyber security incidents between July 2019 and 2020 amounting to a loss of more than $630 million to Australian Businesses.
Martin Boyd, Director of Cyber Security at Vertex Security believes that, while Australians continue to work from home, business leaders should create a long-term approach to their cyber security strategy.
Martin has compiled a list of 10 cyber security tips for small businesses to protect both your business’ data and employees. To view Martin’s recommendations, please click here.