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Can small businesses manage cyber threats on their own?

An Australian Financial Review (AFR) article revealed that Australia needs an addition of 7,000 skilled cyber security specialists over the next two years. This is a result of  the soaring frequency of cyber-attacks in the past decade. Australian organisations reported a cyber-attack every 8 minutes in

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SMEs facing an unprecedented threat of cyber attacks

A new report has found that an alarming number of Australian businesses are being cyber attacked over email, with more than 90% reporting an email-based ransomware attack, business email compromise or spear-phishing attack last year. At the same time, they are lagging in cyber security

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Top 24 profitable small business ideas for 2022

In the year 2022, business opportunities are abound. Driven by the internet and the economy, a new sense of entrepreneurship has emerged, and as a result, it has never been easier to earn money on your own terms. Let’s take a look at 24 money-making

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What’s on in week 4 of NSW’s Small Business Month?

Tips for maximising your digital marketing spend, managing small business finances and more. Check out some of the exciting activities happening in the fourth week of NSW Small Business Month. These are only a handful – there are plenty more to choose from on the Small

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A third of SMEs in Australia run by migrants

The Australian Small Business and Family Enterprise Ombudsman Bruce Billson has marked Harmony Day (21 March, 2022) by thanking migrant-led small and family businesses for their valuable contribution to the vibrancy of the community and vitality of the national economy. Mr Billson says one in

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COSBOA CEO calls sick leave for casuals ‘absurd’

COSBOA notes with apprehension the Victorian Premier’s announcement of a $246 million trial for 150,000 Victorian casual workers to receive 5 days of paid sick leave. The Premier has explained that any continuation of the scheme would be funded by a levy on businesses, the

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Half of small businesses close after a single cyber attack

According to the United States Securities and Exchange Commission (SEC), about 60% of SMEs go out of business within six months of a data breach or cyber attack.  “Cyber security is clearly a concern that the entire business community shares, but it represents an especially pernicious

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