Cybersecurity boost to stop small business exploitation

19 Nov 2023

Home Affairs Minister Clare O’Neil is set to announce a cybersecurity initiative targeting 2.5 million small businesses in Australia. The plan includes voluntary cyber health checks and one-on-one assistance during cyberattacks, addressing the vulnerability of small businesses in the face of growing cyber threats. With 97% of businesses classified as "small," many lack the time and resources for robust cybersecurity planning. The $18 million funding package will support a voluntary business cyber health-check program and a Small Business Cyber Resilience Service, providing assistance to navigate cyber challenges. The move aims to enhance cybersecurity maturity among small businesses, critical players often targeted by criminals seeking to exploit vulnerable supply chains. The plan, effective next year, aligns with the upcoming release of the Albanese government’s comprehensive cybersecurity strategy.


Read the full article at Financial Review