Australian businesses are facing a significant increase in cyber security threats, resulting in substantial financial losses. According to the Australian Signals Directorate's annual cyber threat report, the average cost of cybercrime to large businesses was $202,700 in the past financial year, a 219% increase from the previous year.
Despite a 3% decrease in cybercrime reports, the financial impact on businesses continues to rise. The directorate received 84,700 reports of cybercrime over the past financial year.
The nation's top cyber spy agency warns of mounting ransomware and identity fraud risks.
Average cost of cybercrime is increasing significantly.
Авторское резюме: Cybercrime costs are skyrocketing.