Partnering for a safer digital future: MYOB and Cyber Wardens join forces

In an era where digital threats are becoming increasingly sophisticated, safeguarding your small business against cyberattacks is more crucial than ever.

Did you know that 43% of cyberattacks target small businesses?

Moreover, a single attack costs small businesses, on average, more than $45,000.

These staggering statistics underscore the importance of robust cybersecurity measures.

To help small businesses navigate this complex landscape, MYOB has partnered with Cyber Wardens, an innovative online learning program dedicated to simplifying cyber security.

Why cybersecurity training is essential

Cyberattacks are not just a problem for large corporations; small and medium-sized enterprises (SMEs) are equally at risk.

In fact, SMEs are often seen as easy targets by cybercriminals due to their typically less sophisticated security systems.

The consequences of a cyberattack can be devastating, leading to financial losses, reputational damage, and operational disruptions.

Here are some key reasons why investing in cybersecurity training is essential for your business:

1. Financial Protection: The average cost of a cyberattack on a small business is around $46,000. Effective cyber security measures can save your business from these significant financial losses.
2. Data Security: Protecting sensitive business and customer data is vital. A data breach can lead to loss of customer trust and potential legal consequences.
3. Business Continuity: Cyberattacks can disrupt your business operations, causing downtime and loss of productivity. Proper training helps in maintaining business continuity.
4. Reputation Management: A cyberattack can damage your business reputation. Demonstrating a commitment to cyber security can enhance your business credibility and customer trust.

Introducing Cyber Wardens: Simplifying cybersecurity for SMEs

To address these challenges, MYOB is collaborating with Cyber Wardens, a free online learning program designed to make cybersecurity accessible for small businesses.

Cyber Wardens is an initiative of the Council of Small Business Organisations of Australia, supported by the federal government and an industry alliance led by the Australian Cyber Security Centre

The program offers simple, jargon-free video courses tailored specifically for SMEs. The entire program is self-paced, allowing you to complete it at your convenience.

Key Features of the Cyber Wardens Program

• Easy enrolment: It only takes 2 minutes to enrol and start your journey towards protecting your small business from scams and cyber threats. Visit Cyber Wardens Enrolment to get started.
• Comprehensive training: The courses cover a wide range of topics, including online banking fraud, business email compromise, fake invoice scams, and how to prepare for cyberattacks during critical times like the end of the financial year.
• Jargon-free content: The training materials are designed to be simple and easy to understand, avoiding technical jargon that can be overwhelming for non-technical users.
• Practical steps: The program provides actionable steps that you can implement immediately to enhance your business’s cyber security.

Why MYOB is partnering with Cyber Wardens

At MYOB, we understand the unique challenges that small businesses face, particularly when it comes to managing and securing digital information.

Our partnership with Cyber Wardens is part of our commitment to supporting SMEs in every aspect of their business journey.

By offering this valuable resource, we aim to empower our users with the knowledge and tools needed to defend against cyber threats.

A real-world impact

To illustrate the importance of cybersecurity, here are some insights from Cyber Wardens on how their program has helped businesses:

1. New Financial Year Resolutions: Learn how to keep your business cyber-safe with practical resolutions for the new financial year. Read more
2. Online Banking Fraud: Understand the tactics used by cybercriminals and how to protect your business bank accounts from fraud. Discover more
3. Business Email Compromise: Learn the signs of email compromise and steps to secure your inbox. Learn more
4. Avoiding Fake Invoice Scams: Protect your business from common invoice scams, especially around the end of the financial year. Find out more
5. EOFY Cyber Attacks: Prepare your business for potential cyberattacks during critical periods like the end of the financial year. Be prepared

Secure your business data today

In today’s digital age, cybersecurity is not just an option but a necessity for every business, regardless of size.

MYOB’s collaboration with Cyber Wardens provides a straightforward and effective solution for SMEs to bolster their cyber defences.

Don’t wait until it’s too late — take action now to protect your business from cyber threats.

Visit Cyber Wardens Enrolment to enrol and start securing your business today.

With just a few minutes of your time, you can make a significant difference in safeguarding your business against cyberattacks.

Information provided in this article is of a general nature and does not consider your personal situation. It does not constitute legal, financial, or other professional advice and should not be relied upon as a statement of law, policy or advice. You should consider whether this information is appropriate to your needs and, if necessary, seek independent advice. This information is only accurate at the time of publication. Although every effort has been made to verify the accuracy of the information contained on this webpage, MYOB disclaims, to the extent permitted by law, all liability for the information contained on this webpage or any loss or damage suffered by any person directly or indirectly through relying on this information.