* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Wednesday, October 1, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Penn State-Themed Restaurant and Entertainment Spot Happy Valley Live Set to Open in State College – StateCollege.com

    Penn State-Themed Restaurant and Entertainment Spot Happy Valley Live Set to Open in State College – StateCollege.com

    The Police Made Chart History With This 1979 Hit Nearly 50 Years Ago – Yahoo

    How The Police Changed Music Forever with Their Iconic 1979 Hit Nearly 50 Years Ago

    Good Deed Entertainment Acquires Worldwide Rights To Liza Mandelup’s Documentary ‘Caterpillar’ – Deadline

    Good Deed Entertainment Lands Global Rights to Liza Mandelup’s Captivating Documentary ‘Caterpillar

    Danielle Fishel Explains Why Being on “DWTS” Makes Her Feel ‘Like It’s 1994 Again’ Filming “Boy Meets World” (Exclusive) – Yahoo

    Danielle Fishel Explains Why Being on “DWTS” Makes Her Feel ‘Like It’s 1994 Again’ Filming “Boy Meets World” (Exclusive) – Yahoo

    Jussie Smollett Claims He Was ‘Disrespected’ on the ‘Special Forces’ Season Premiere – Yahoo

    Jussie Smollett Opens Up About Feeling ‘Disrespected’ During the ‘Special Forces’ Season Premiere

    TicketSmarter Fall Entertainment Guide – Eastern Illinois University Athletics

    TicketSmarter Fall Entertainment Guide – Eastern Illinois University Athletics

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    STELLA Automotive AI Appoints Fred Seidelman as Chief Technology Officer – Yahoo Finance

    STELLA Automotive AI Appoints Fred Seidelman as New Chief Technology Officer

    Saving Energy and Money with Smart Technology – Terms of Service with Clare Duffy – Podcast on CNN Podcasts – CNN

    Saving Energy and Money with Smart Technology – Terms of Service with Clare Duffy – Podcast on CNN Podcasts – CNN

    Four Strategic Signals Technology Leaders Are Tuning In To – SPONSOR CONTENT FROM ARM – Harvard Business Review

    Four Essential Strategic Signals Every Technology Leader Should Watch

    Virginia Tech hosts annual New Music + Technology Festival this week – Cardinal News

    Virginia Tech Kicks Off Exciting Annual New Music and Technology Festival This Week

    Why I gave the world wide web away for free | Tim Berners-Lee – The Guardian

    Why I Decided to Make the World Wide Web Free for Everyone | Tim Berners-Lee

    From shale to steam: Fossil fuel technology boosts clean geothermal energy – Washington Examiner

    From Shale to Steam: How Fossil Fuel Technology is Powering a Clean Geothermal Energy Revolution

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Penn State-Themed Restaurant and Entertainment Spot Happy Valley Live Set to Open in State College – StateCollege.com

    Penn State-Themed Restaurant and Entertainment Spot Happy Valley Live Set to Open in State College – StateCollege.com

    The Police Made Chart History With This 1979 Hit Nearly 50 Years Ago – Yahoo

    How The Police Changed Music Forever with Their Iconic 1979 Hit Nearly 50 Years Ago

    Good Deed Entertainment Acquires Worldwide Rights To Liza Mandelup’s Documentary ‘Caterpillar’ – Deadline

    Good Deed Entertainment Lands Global Rights to Liza Mandelup’s Captivating Documentary ‘Caterpillar

    Danielle Fishel Explains Why Being on “DWTS” Makes Her Feel ‘Like It’s 1994 Again’ Filming “Boy Meets World” (Exclusive) – Yahoo

    Danielle Fishel Explains Why Being on “DWTS” Makes Her Feel ‘Like It’s 1994 Again’ Filming “Boy Meets World” (Exclusive) – Yahoo

    Jussie Smollett Claims He Was ‘Disrespected’ on the ‘Special Forces’ Season Premiere – Yahoo

    Jussie Smollett Opens Up About Feeling ‘Disrespected’ During the ‘Special Forces’ Season Premiere

    TicketSmarter Fall Entertainment Guide – Eastern Illinois University Athletics

    TicketSmarter Fall Entertainment Guide – Eastern Illinois University Athletics

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    STELLA Automotive AI Appoints Fred Seidelman as Chief Technology Officer – Yahoo Finance

    STELLA Automotive AI Appoints Fred Seidelman as New Chief Technology Officer

    Saving Energy and Money with Smart Technology – Terms of Service with Clare Duffy – Podcast on CNN Podcasts – CNN

    Saving Energy and Money with Smart Technology – Terms of Service with Clare Duffy – Podcast on CNN Podcasts – CNN

    Four Strategic Signals Technology Leaders Are Tuning In To – SPONSOR CONTENT FROM ARM – Harvard Business Review

    Four Essential Strategic Signals Every Technology Leader Should Watch

    Virginia Tech hosts annual New Music + Technology Festival this week – Cardinal News

    Virginia Tech Kicks Off Exciting Annual New Music and Technology Festival This Week

    Why I gave the world wide web away for free | Tim Berners-Lee – The Guardian

    Why I Decided to Make the World Wide Web Free for Everyone | Tim Berners-Lee

    From shale to steam: Fossil fuel technology boosts clean geothermal energy – Washington Examiner

    From Shale to Steam: How Fossil Fuel Technology is Powering a Clean Geothermal Energy Revolution

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

Top threats to Australian SMEs in 2024

February 2, 2024
in Business
Top threats to Australian SMEs in 2024
Share on FacebookShare on Twitter

As work gets underway in 2024, the Australian small business community faces a dynamic and evolving threat landscape in the digital realm. Cyber security has never been more critical, as businesses battle high interest rates, soaring energy prices and workforce shortages.

New research from the Council of Small Business Organisations of Australia (COSBOA) and the Cyber Wardens program has revealed the top 10 concerns for small businesses in 2024.

A survey of more than 2,000 small businesses asked owners, CEOs and employees what factors they thought posed a threat to their businesses over the next 12 months. The results demonstrated the mounting pressure on small businesses as they fight to survive a cost-of-operating crisis.

Cyber security came in at number three, after energy prices and the cost of staff, and is clearly weighing on the minds of small businesses. But it is down from being the number two concern last year as cost issues take precedence.

More than half (51 per cent) of small businesses believed cyber security threats posed a medium or high risk to their business. While 18 per cent of small businesses saw cyber security threats as a high risk, this increased for specific groups, including owners, CEOs and founders (22 per cent), small businesses delivering sales and services online (26 per cent), and those in the business (26 per cent)  and IT sectors (33 per cent).

However, four in 10 small businesses also said they had no or low confidence in how to prepare for a cyber incident (37 per cent) or how to recover from a cyber incident if it occurred (40 per cent). 

“We know that 2024 will be another challenging year for small business with economic headwinds ahead,” COSBOA CEO Luke Achterstraat said.

“This new data reveals the real challenges facing small business with 54 per cent of respondents worried about energy prices and 52 per cent worried about the cost of staff. 

“It is important for small businesses to remain aware of the increasingly acute risk of cyber attacks. Investing in cyber security training and tools is essential to help protect your small business, staff and clients.

“Our Cyber Wardens program can help give small business owners the skills to help mitigate the risks, reducing one of the many worries they are facing.”

Top threats to Australian SMEs in 2024Table: percentage of small businesses that perceived these ‘threats’ as a medium or high risk to their business in the next five years.

Size matters

Compared to micro and mid-size small businesses, sole traders were more likely to say they had no or low confidence in their knowledge of how to fight a cyber attack (49 per cent)  or where to get help when a cyber incident occurred (38 per cent).

Small businesses in their first year of operating were also less prepared, with more than five in 10 (54 per cent) having no or low confidence about how to recover from a cyber incident. Small businesses in their first year of operating were also much more likely to report that cyber security had never been discussed in their workplace (44 per cent, compared to 27 per cent of small businesses generally).

Almost half (49 per cent) of sole traders thought it was too time-consuming for small businesses to practise cyber security on top of everything else and more than four in 10 (44 per cent) believed it was more important for medium and larger businesses to practise cyber security than it was for small businesses.

The extent to which small businesses were concerned about the risk of cyber attacks varied depending on the type of business. The survey revealed thatwhile nearly six in 10 ‘scale up’ or growing small businesses (58 per cent) were concerned about cyber attacks, only four in 10 ‘side hustle’ small businesses (40 per cent) had the same concerns. Similarly, ‘start-up’ and ‘scale-up’ small businesses were more likely to be talking about cyber security at least twice a year (83 per cent and 80 per cent, respectively) compared to home-based businesses (59 per cent). 

“Cyber security is important for every small business — that includes sole traders, side hustles and micro businesses. It doesn’t matter whether you work in the office or from home, whether you’re growing or shrinking, you still need to take steps to protect your business,” Mr Achterstraat said.

“The latest Australian Signals Directorate’s (ASD) Annual Cyber Threat Report revealed the average cost of cyber crime per incident had risen by 14 per cent to $46,000 for small businesses. That would be terminal for most small businesses.

“Together, we can strengthen the cyber security skills of Australian small businesses and protect our economic backbone.”

Cyber Wardens urges small businesses to take proactive steps to protect themselves, their customers and their futures.

The free, Australian Government-funded Cyber Wardens program provides training to small business owners and employees on how to digitally safeguard their businesses. This includes essential upskilling on the fundamentals of multi-factor authentication, password management, device updates and backups.

According to Scamwatch, Australians lost more than $429 million to scams in 2023, with phishing, false billing, online shopping scams, and identity theft being the most commonly reported scams.

Last year the ACCC reported the number of businesses losing money to scams had increased by 73 per cent.

For more information, please visit www.cyberwardens.com.au

Keep up to date with our stories on LinkedIn, Twitter, Facebook and Instagram.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Dynamic Business – https://dynamicbusiness.com/topics/technology/top-threats-to-australian-smes-in-2024.html

Tags: Australianbusinessthreats
Previous Post

ATO launches free online learning support for SMEs

Next Post

Starmer to Vow Focus on Growth in Labour Pitch to UK Executives

The “stuck economy,” tariffs and Wall Street – marketplace.org

How Tariffs and Wall Street Are Holding the Economy Hostage

October 1, 2025
LSU Theatre’s season opener: A handkerchief discovered by a lovesick suitor adds up to hilarity – The Advocate

Love, Laughter, and a Lost Handkerchief: LSU Theatre’s Season Opener Promises Hilarious Fun

October 1, 2025
Rural Health Transformation (RHT) Program – Centers for Medicare & Medicaid Services | CMS (.gov)

Rural Health Transformation (RHT) Program – Centers for Medicare & Medicaid Services | CMS (.gov)

October 1, 2025
Ex-NATO head on Russia: ‘We cannot change Putin’s mind’ – DW

Ex-NATO head on Russia: ‘We cannot change Putin’s mind’ – DW

October 1, 2025
PFAS in East Selah drinking water – Washington State Department of Ecology (.gov)

Alarming PFAS Contamination Discovered in East Selah Drinking Water

October 1, 2025
Science Expo – Northern Public Radio

Discover the Wonders of Science at the Exciting Expo!

October 1, 2025
Science and artificial intelligence could help personalize brain stimulation for smokers – News-Medical

How Science and AI Are Transforming Personalized Brain Stimulation to Help Smokers Quit

October 1, 2025
Review: What’s good at new prime-cuts steakhouse in Virginia Beach – Yahoo

Review: What’s good at new prime-cuts steakhouse in Virginia Beach – Yahoo

October 1, 2025
STELLA Automotive AI Appoints Fred Seidelman as Chief Technology Officer – Yahoo Finance

STELLA Automotive AI Appoints Fred Seidelman as New Chief Technology Officer

October 1, 2025
Sports Illustrated’s Men’s College Basketball Preseason Top 25 – Sports Illustrated

Sports Illustrated’s Men’s College Basketball Preseason Top 25 – Sports Illustrated

October 1, 2025

Categories

Archives

October 2025
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031  
« Sep    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (845)
  • Economy (866)
  • Entertainment (21,740)
  • General (17,346)
  • Health (9,910)
  • Lifestyle (879)
  • News (22,149)
  • People (868)
  • Politics (877)
  • Science (16,076)
  • Sports (21,366)
  • Technology (15,849)
  • World (848)

Recent News

The “stuck economy,” tariffs and Wall Street – marketplace.org

How Tariffs and Wall Street Are Holding the Economy Hostage

October 1, 2025
LSU Theatre’s season opener: A handkerchief discovered by a lovesick suitor adds up to hilarity – The Advocate

Love, Laughter, and a Lost Handkerchief: LSU Theatre’s Season Opener Promises Hilarious Fun

October 1, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version