Small businesses are failing to recognise the importance of protecting themselves online, with research published this week revealing only about 2% of small businesses are prioritising protecting their online information.
Cybercrime is a growing problem for Australian businesses, with small businesses increasingly becoming the target of malicious cyber scams and hacks.
Timed to coincide with Stay Smart Online week, the research from the Department of Communication and the Arts also found 60% of businesses that experience a cyber attack go out of business within six months of the incident.
The research forms part of a guide for small business developed by the Department of Communications and the Arts.
Called the Stay Smart Online Small Business Guide, the guide aims to show how businesses can protect their business in “five minutes” and help SMEs with tips about some of the best cybersecurity practices around.
AVG security advisor Michael McKinnon told SmartCompany the finding that only 2% of small businesses are prioritising cybersecurity is not surprising.
“When I see these stats I’m never surprised,” he says.
“Whenever I speak to small businesses, I find they are all very concerned about security, but there are other things they have to worry about as well.” For the full article click here
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