Let’s pause on some statistics for a minute.
In Australia, one in three adults were victims of cybercrime in 2017, research from Norton shows. According to the Australian Competition and Consumer Commission, $A340 million was lost to online scams alone – up $A40 since just 2016.
Australian businesses reported 81 data breaches per month in 2018, with a third put down to human error, according to the Office of the Australian Information Commissioner.
Identity theft costs $A1.6 billion each year, according to the Australian Federal Police, with human behaviour a major contributor.
A lack of cybersecurity awareness often leads to these poor security behaviours. Around 59 per cent of people use the same password across all accounts, according to LastPass, 87 per cent of people take risks on public wifi, according to Norton, and 80 per cent of android users and 23 per cent IOS users do not apply the latest software updates.
It’s important to note all these figures are only those reported. The true impact may be much greater, as we know many people are too afraid or embarrassed to speak up about falling victim to cybercrime.