- Cyber Warden
- 2 mins read
As published in the Daily Telegraph, 27 March 2024.
"Large-scale cyber attacks such as those directed at Optus and Medibank elevated awareness of cyber crime among consumers but it has had a counter effect on small businesses. There is a fallacy that
small is safe."
March 25, 2024: A week ago, the Australian Securities and Investment Commission released its monthly business insolvency statistics which showed almost 1000 Australian businesses went bust in February.
It didn’t generate headlines on our nightly news. But it should. With the highest monthly rise in business insolvencies since October 2015, our economy is on a trajectory to equal or exceed Australian businesses’ “annus horriblis” of 2022- 23 in which almost 8000 businesses entered administration or had a controller appointed to them.
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