Australian businesses face an evolving landscape of cyber threats, with the top 10 posing significant challenges. Ransomware attacks remain a leading concern, encrypting sensitive data for hefty payments. Phishing schemes trick employees into revealing confidential information, while malware infiltrates systems to steal or corrupt data. Insider threats, both accidental and malicious, jeopardize security from within. Distributed Denial of Service (DDoS) attacks disrupt online operations, affecting customer access. Supply chain breaches target vulnerable partners to infiltrate networks. Business Email Compromise (BEC) scams manipulate executives or employees to transfer funds fraudulently. Emerging threats like deepfake technology are used for identity fraud, while unpatched software vulnerabilities provide easy access to hackers.

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