Why Australian Small Businesses are more vulnerable to Hacking and Cyber-attacks?

While dealing with hackers is a virtual certainty for large corporations, there is a widespread belief that smaller businesses are less likely to sustain this type of online attack.

Research has found that small businesses are more vulnerable to hacking attacks than their larger counterparts. This is because hackers recognise that they frequently employ less sophisticated and secure defences, making them more easily infiltrated.?

Although large businesses bear a higher financial cost due to cyber-attacks, smaller organisations will likely feel the impact more acutely when additional factors such as personal liability are of greater concern. Business interruption can also be devastating, affecting productivity, service delivery, and customer satisfaction.

The ever-changing nature of technology presents an additional challenge when combating hackers. In a world of constant innovation, keeping up with the changing security exploit opportunities that a hacker seeks full-time can appear to be a herculean task for a small business.?

Hackers are extremely agile and frequently change techniques in response to countermeasures, emphasising the importance of ongoing security monitoring and testing to anticipate emerging offensive tactics.

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