4/10 Australian SMEs fallen victim to cyber-attacks since pandemic

May 27th, 2022 – Almost four out of teb SMEs in Australia have fallen victim to cyber-attacks since the pandemic began, according to a new study.

Software Advice, the B2B software search website, has revealed the results of a study analysing the effects of cyber security attacks on small businesses and how much they can cost – financially or otherwise.

Cyber-attacks remain just as prevalent as ever for SMEs, with almost 4 out of 10 businesses (39%) having experienced a ransomware attack, according to the 202 IT specialist respondents surveyed. This can be broken down as 27% who said their company ‘faced a ransomware attack once’ and 14% who said their company has previously ‘faced several’ attacks.

Almost 4 out of 10 businesses that experienced one or more ransomware attacks have done so since the COVID-19 pandemic began in 2020. This could be due to a number of reasons, including the sudden surge in remote working and the introduction, for many SMEs in particular, the introduction of cloud-based systems. The pandemic saw businesses investing in technology solutions as a way to survive and combat issues any remote working issues, but in doing so has seen a rise in criminal cyber activity.

More…https://itbrief.com.au/story/4-10-australian-smes-fallen-victim-to-cyber-attacks-since-pandemic

Written by IT Brief