NAB’s tips on managing cyber security for small business
Malicious cyber activity is increasing in frequency, scale and sophistication according to the 2020 Australian Cyber Security Centre (ACSC) annual cyber threat report.
The NAB Cyber Security Survey of 2020 found that 6 in 10 Australian businesses have been victims of a cyber security incident in the last year, and fewer than 2 in 10 are very confident that they have the right controls in place. Cybercrime costs the Australian economy $33 billion annually, as well as impacting businesses’ operations, reputation, emotional and psychological wellbeing. Cybercrime has also resulted in the closure of a growing number of small businesses.
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