Tuesday, October 18, 2022
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CBA to guard small companies in new cyber security initiative

The Commonwealth Financial institution of Australia has joined forces with Telstra and the Council of Small Enterprise Organisations Australia (COSBOA) to assist shield the nation’s 2.3 million small companies from cyber threats and scams.

CBA and Telstra are the founding sponsors of COSBOA’s Cyber Wardens pilot program, which goals to develop into Australia’s first cyber security office certification or microcredential for the small enterprise sector, offering small enterprise homeowners and workers with the instruments they should keep protected on-line, by a free and easy-to-use accredited e-learning platform.

In line with the Australian Cyber Safety Centre (ACSC), 43% of all Australian cybercrime is directed at small companies, costing them almost $9,000 on common in FY21.

“By focusing on workers, in addition to homeowners, the Cyber Wardens program will equip Australia’s small enterprise workforce with the mindset, skillset, and toolset to extra simply and safely have interaction with an more and more digital world,” COSBOA CEO Alexi Boyd stated. “With the assist of Telstra and CBA, and I hope many extra company companions, we are able to present free, easy, and accessible assets to the small enterprise neighborhood. We need to foster a tradition of self-determination and understanding in cyber security — no IT diploma, excel experience, and cloud wizardry required.”

“We’re excited to launch the Cyber Wardens pilot program to assist demystify cyber security, instil a cyber-mindset, and empower small companies to determine and handle cyber threats,” stated Mike Vacy-Lyle, CBA’s group government for enterprise banking.

Designed particularly for non-tech workers, the Cyber Wardens pilot program will likely be rolled out in coming months, without charge to small companies, to upskill on a regular basis Australians based mostly on the ACSC’s Important Eight.



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