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AustCyber- Cybersecurity and small business as critical infrastructure in Australia

5/8/2020

1 Comment

 
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Key Points

  • ​As an increasing number of Australian small businesses are working remotely due to the economic shock of COVID-19. They are faced with an increasing volume and variety of malicious cyber-attack. These hacking attempts threaten to disrupt their business in the best case and put them out of business in the worst.
  • The WA AustCyber Innovation Hub modelled the short-term economic impact of investing $1 million (AUD) into 5000 small businesses in Western Australia over a six-month period.
  • There is no Cyber Triple Zero phone number to call when a small business falls victim to a cybercrime.
  • The creation of a Cyber Intervention Emergency Response effort will work to prevent disruption of the critical Australian small to medium enterprise supply chain over a six months period.
  • 12% OF SMALL BUSINESS EXPERIENCE A CYBER EVENT
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1 Comment
Greg Duval link
22/12/2020 03:32:34 am

It will be interesting to see if the amendments to the Security of Critical Infrastructure Act 2018 go through as they have a government response capability incorporated...the bill was hoped to be endorsed by Xmas but has just been passed to a senate committee until late Q1 2021 though...may get 'back-burnered' !

Wishing you all a very Merry Christmas and a Happy New Year, may 2021 bring us some helpful resolutions.

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    Dr. Martinus has developed numerous economic impact assessments for specific industry sectors and government including commercial development, marina development and cybersecurity.

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