Australian businesses are taking cybersecurity risks seriously, with 84% of businesses saying they feel prepared for a cyber attack according to MOYB’s recent market survey data. And this preparation is a necessity, not a luxury, as the number of businesses experiencing cyber attacks or other cyber incidents is on the increase: 61% of the businesses we surveyed confirmed they’ve experienced a cybersecurity event in the last two years. As with most things in business, people are the key when it comes to robust cybersecurity .

So even if you’re investing in the best possible tools and cybersecurity measures, it’s important that your preventative measures include upskilling your people. Cybersecurity knowledge needs to go beyond the people in your IT team or those with responsibility for your digital presence. Every single person in your organisation has the potential to be a cybersecurity weak link or a cybersecurity hero.

Here’s why upskilling your people can improve your overall cyber safety. Understand what’s at stake Your people are your first line of defence, so help them understand what’s at stake. Cyber attacks could lead to a huge business loss, as the average attack costs small businesses $46,000 .

Not only do attacks pose a huge financial risk, they could also mean a massive breach of privacy if your customer data gets into the wrong hands, so talk to your people about why cybersecurity matters, and why everyone needs to play a role. Sophisticated attack.