Organisations that fall victim to a ransomware attack shouldn’t let the cyber criminals know they have cyber insurance – because if the attackers know that their victim holds an insurance policy, they’re more likely to outright demand the ransom payment in full. Cybersecurity researchers at Fox-IT, part of NCC Group, examined [...]
A cyber crime is reported every ten minutes in Australia, according to the Australian Cyber Security Centre’s (ACSC) Annual Cyber Threat Report in 2020. The most common threat facing Australians are scams, with about 40% of 60,000 reports categorised as ‘fraud.’
Cyber crime is one of the most pervasive threats facing Australia, with the most significant threat in terms of overall volume and impact to individuals and businesses.
Ready to learn how to keep your business safe?
According to the Australian Federal Police (AFP), the term ‘cybercrime’ is defined as:
Criminals can commit crimes online, across multiple borders in an instant and target a large number of users simultaneously. Cyber criminals usually follow the money, which is why small and medium businesses are popular targets of cybercrimes.. Australian businesses’ relative wealth, online connectivity, and popularity of online delivery channels of services make them very attractive and profitable for cyber attackers.
According to Scamwatch, Australians lost over $634 million to scams in 2019. But that’s not the entire figure due to the number of scams and cyber crimes that go unreported.
BEFORE IT IS TOO LATE
