Australia has witnessed a 23 percent rise in cybercrime cases in 2024, with new cases increasing by 94,000 over the past year. The Australian Signals Directorate (ASD) also revealed a 10 percent decrease in proactive industry reporting on cybercrime issues from June to August 2023 compared to the previous year.
According to the Department of Home Affairs, a cyberattack occurs every six minutes in Australia, often forcing companies to pay ransoms to regain access to critical data.
