Aussies Face Reduced Cybercrime Risk, as Pressure Shifts to SMBs
Summary
Australia has seen a reduction in cybercrime risk for larger institutions due to improved safeguards and stricter regulations. This shift has consequently placed a greater burden of protection and risk reduction onto small and medium-sized businesses (SMBs).
IFF Assessment
FOE
The shift of cybercrime pressure from large institutions to SMBs means that smaller organizations, which often have fewer resources, are now at increased risk.
Defender Context
Defenders need to be aware that cybercriminals may be increasingly targeting SMBs as larger enterprises become more resilient. This necessitates a focus on providing accessible and effective security solutions and guidance for smaller businesses, which often lack dedicated security teams or budgets.