Small businesses warned of cyber threats costing up to $62,800, urged to bolster security measures.

Cybersecurity is crucial for protecting against unauthorized access and data theft. Small businesses are frequent targets, with attacks costing an average of $46,600 for small and $62,800 for medium-sized businesses in Australia. Tips include using strong passwords, enabling multi-factor authentication, avoiding suspicious emails, encrypting data, and staying informed about cyber threats. Businesses should also regularly update systems, limit access based on roles, and train employees on security practices.

3 months ago
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