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Data released by Cyber Wardens clearly shows the frequency and impact of the threat to small businesses is rising, as cyber criminals increasingly target small business owners.

In Australia, small businesses are facing a digital crisis. Despite being the backbone of our economy – contributing $418 billion to our country's GDP – they're increasingly vulnerable to cyber attacks that can cripple operations.

Despite the serious rate of attacks, research reveals that many businesses consider themselves too small to be targeted by cyber crime. It's a hefty problem given that theSmall doesn't mean safe "In today's challenging economic environment, it can be even harder for a small business to allocate resources to areas such as cyber security. A small business owner will often tell you they are the CEO and the customer service team, finance team and social media manager, all rolled into one," Achterstraat says.

 

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Business Business Latest News, Business Business Headlines