HOW much do you understand about cyber crime risk and mitigation for your business?
According to the Australian Cyber Security Centre, 6.09 million Australian adults were hit by cyber crime or cyber-enabled crime last year - that's one in four of us.
Forty-three per cent of cyber attacks are aimed at small businesses with an average cost of $10,000. Fifty-nine per cent of people use the same password across all of their devices and accounts.
The Australian Cyber Security Growth Network projects that over the next decade, the Australian cyber security industry could triple in size, with revenues rising to $6 billion by 2026, from just over $2 billion today.
Approximately 18,000 cyber security workers will be needed in Australia by 2026.
With the increase in the number and frequency of attacks on small businesses, cyber attacks are now a very serious issue for businesses of all sizes and failure to report data breaches may result in serious consequences.
Charles Sturt is the first regional university to join the NSW Cyber Security Network and Australia's largest provider of postgraduate degrees in information technology.
Through joining the NSW Cyber Security Network, Charles Sturt will facilitate the growth of cyber-capability in regional NSW by collaborating with the local industry and businesses.
Charles Sturt University and NSW Cyber Security Network are inviting Central West businesses to a free information session on cyber security to be held at the Bathurst campus at 6pm on Wednesday, July 24.
Cybersecurity lead and Associate Professor in Computing in the Charles Sturt School of Computing and Mathematics, Tanveer Zia, will conduct the information session.
All local businesses are welcome, but do need to meet the following criteria; an ABN evidencing their NSW location; have fewer than 200 employees; and have a turnover of less than $AUD30 million per annum.
Participants need to register for this free event: https://www.eventbrite.com.au/e/free-cyber- security-information-session-at-charles-sturt-university-tickets-64294551735
The information session is part of the NSW Cyber Security Network's Cyber Vouchers Program.
The Cyber Vouchers program encourages eligible small to medium enterprises (SMEs) to collaborate with NSWCSN partner universities.
The information session will be held in Building 1305, Panorama Avenue. Light refreshments will be provided.