Business LawQuest LegalThe Ripple Effect: How Cyberattacks on Small Businesses Can Impact Clients and Third Parties
The Ripple Effect: How Cyberattacks on Small Businesses Can Impact Clients and Third Parties The Australian Signals Directorate’s (ASD) Annual Cyber Threat Report for 2023-24 paints a stark picture: calls to the Australian Cyber Security Hotline are steadily rising year on year, and the average cost of cybercrime for small businesses has alarmingly increased. While...