Trust, confidence and security in Australia’s digital infrastructure can be undermined by cybercrime, insider threats, data breaches and other types of malicious, negligent or accidental actions online.
Protecting Australia’s economic interests from malicious cyber activity
The Australian Cyber Security Centre Threat Report 2017 reveals there is an increase in frequency, scale, sophistication and severity of malicious cyber activity against Australia’s national and economic interests. The reach and diversity of cyber adversaries is expanding, and their operations against both government and private networks is constantly evolving.
Reducing the risk of being a target for hackers
Australians often expose themselves to unnecessary risks online. Two-thirds of Australians don’t read online privacy policies and almost half don’t adjust their privacy settings on social media platforms.
Many businesses don’t realise they could be an attractive target for cybercrime and underestimate the potential harm it could cause. Businesses need to protect themselves and their customers, but often don’t know how to obtain, implement and maintain good cyber security systems and practices.
For many small businesses, the cost of purchasing and maintain digital systems can be an issue.
“Cyber security threats are a significant challenge for small business owners. Recent global attacks through ransomware and other hacking have exposed the vulnerability of Australian small business.”
Submission to the Digital Economy Strategy Consultation paper by Council of Small Business Australia, DECEMBER 2017