Cybercrime costs the Australian economy $42 billion annually, says the University of NSW. It estimates just one-fifth of online crime is reported.
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As the world has become more digitally enabled, so too has the risk of compromise for businesses via digital entry points.
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In recent years there have been many reports of major cyber-attacks on a number of organisations across the globe.
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In recent times there have been wide spread reports of major cyber-attacks on a number of organisations across the globe.
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Cyber crime is the fastest growing crime in the world with professional criminal syndicates targeting vulnerable small to medium sized businesses. It is estimated by the Australian government that more than 700,000 Australian businesses have experienced cyber crime, making Australia now the fifth most targeted country for cyber-attacks. 40% of all cyber-attacks target vulnerable small to medium businesses, as they often don’t have the resources to invest adequately in security.
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