Australia's New Cyber Wardens Program Aims to Save Small Businesses $29 Billion
Small businesses in Australia are facing a significant threat from cybercrime, with an estimated $29 billion in damages annually. In response, the government has launched the Cyber Wardens program, backed by industry giants like Telstra and CommBank, aiming to bolster cybersecurity and create up to 60,000 new professionals over three years.
The Cyber Wardens initiative targets the alarming statistic that 43% of all Australian cybercrime is directed at small businesses. The program, supported by an industry alliance led by Telstra, CommBank, and the Australian Cyber Security Centre, aims to increase small businesses' cyber resilience and make it easier for them to recover from cyber incidents.
Cyber Wardens will act as workplace safety officers for digital threats, helping small businesses prevent and protect against cyber attacks. The program is designed to be accessible and educate non-technical employees about cybersecurity, fostering a cyber-safe culture. With the government investing $23.4 million, the program seeks to increase small businesses' cyber literacy and create a significant number of new cybersecurity professionals. A trained Cyber Warden could potentially save a small business $50,000 by preventing a single business-compromised email attack.
The Cyber Wardens program is a significant step towards protecting Australian small businesses from the growing threat of cybercrime. By increasing cyber literacy and creating new professionals, the program aims to enhance small businesses' cyber resilience and help them thrive in the digital age.
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