BLUFAustralian businesses' cyberdefences might not be as good as businesses operating in other countries—which might be why cybercriminals are targeting them.
In a New Era Company Blog, their IT specialists make the following points.
- Numerous cyber-attacks have occurred on Australia’s biggest companies, such as Optus and Medibank.
- The average estimated loss to cybercrime rose by 14%.
- Reputational damage to Australian companies might be considerable.
- Australian companies are lagging behind other countries, with only 58% of Australian businesses making cybersecurity a priority.
Recent Runway Posts related to this topic:
- Government to strengthen Australia’s capability to counter cyber crime–The Runway (airforce.gov.au)
- Cyber security spending heading for $200 billion a year–The Runway (airforce.gov.au)
References from the Web :
- NOV 2022 Cyberspace ‘a battleground’ as reports of cybercrime in Australia jump 13% - The Guardian
- NOV 2022 Medibank faces $1 billion bill as hackers release 1500 more sensitive records – Sydney Morning Herald