Number of cybercrimes reported to the ACSC in Australia FY 2020-2023
The Australian Cyber Security Centre (ACSC) received approximately 94 thousand cybercrime reports in the financial year 2023. The number of reports has increased in comparison to previous years, with approximately 76 thousand cybercrime reports filed in the financial year 2022.
Recent data breaches
When surveyed about the actions they would take following a reported hack or data breach, more than three quarters of Australian adults indicated that they would either pause or completely stop spending with a brand or organization in 2022., Less than one-fifth of respondents would continue spending with a brand but would be concerned. In 2022, the global average cost of a data breach was 4.35 million US dollars. The average cost of a data breach in Australia was approximately 2.9 million US dollars.
Loss from scams
Victims of investment scams lost over 177 million Australian dollars in 2021. In the same year, dating and romance scams cost Australians approximately 56 million Australian dollars. False billing, remote access scams, and threats to life were also amongst the most reported scam types in Australia the same year.