COSBOA’s Cyber Security Management Solution

“Cyber Security for Small Business (Businesses with T/O under $10 million) is imperative if you want to survive and grow your business in today’s digital world.  The CEO of Insurance underwriters Lloyds of London estimate that Australia’s economy faces a potential A$16 billion damage bill over the next 10 years from Cyber Crime. For Australia’s 2.3million Small Businesses that employ around 5 million people and pump around A$380 Billion into our economy this represents a clear ‘sovereign risk’ to the small business sector. Since mid-2016, COSBOA has been working with the Government, our Cyber Security Ambassador and leading businesses who are experts in this field to produce an affordable tailor made solution for small business to minimise their risk. In 2016, 1 in 5 small businesses experienced a Cyber extortion attack with most experts saying it will be 2 in 5 in 2017. It’s real, and it’s not a matter of if, but when. There is no ‘silver bullet’ that can guarantee to eliminate the problem, however, implementation of COSBOA’s  3 ‘Pillars’ of Cyber Security can give Small Businesses owners and their employees a high degree of security against the growing threat.”

Paul Nielsen, COSBOA Chair, May 2017

The essential 3 ‘Pillars’ of COSBOA’s Cyber Security Management Program for Australian Small Businesses are:

For more information please call our COSBOA Office on 02 9431 8646