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Cyber Plus introduces small business bundle in partnership with BDO

15 August 2017

Australian small businesses now rate cyber-crime as one of their five biggest threats, and an overwhelming 95 percent want tools to help protect them1. In response, today Cyber Plus introduced a ‘bundle’ of cyber tools tailored to protect small business from cyber-attacks – the first of its kind in Australia.

Cyber Plus has partnered with global consultants including BDO and leading credit and identity monitoring supplier Equifax plus law firms Minter Ellison, King & Wood Mallesons and Madgwicks to provide this market-leading level of advisory support.

Leon Fouche, Partner at BDO said: “We are thrilled to be working closely with Cyber Plus to offer this solution to the SME market. The increasing prevalence of external hacks and internal security breaches are not just for large corporates but businesses of all sizes across all sectors. They need to have a strategy to protect their assets and their reputation – and this needs to be in place before any attacks are perpetrated.”

“With our expertise in cyber risk assessment and incident response preparedness, we are working with Cyber Plus to offer something very valuable to the Australian SME market,” Mr Fouche said.

Speaking at the launch at Parliament House today, Small Business Minister Michael McCormack said “SMEs are no strangers to cybercrime. As threats continue to evolve and grow, we are seeing more cyber criminals shift their focus to small businesses. Small businesses make up the backbone of the Australian economy, and we need to do all we can to ensure the industry has the tools, skills and resources to build the cyber resilience necessary to withstand attacks.”

Cyber Plus’ small business bundle consists of three cyber basics:

  1. Preparation for the possibility of a cyber-attack, including: risk advisory services; cyber response planning; email and web filtering software; antivirus; firewall; backup; encryption; user access control; and cyber awareness training;
  2. Protection from the effects of a cyber-attack with cyber insurance; and
  3. Responding to a cyber-attack with: forensic investigation; legal assistance; public relations; identity monitoring services; and credit monitoring services.

The suite of technologies that are available within the bundle protect computers, file servers and mail servers from viruses, threats and phishing attacks. 

According to Paul Waite, co-founder of Cyber Plus, “Global cybercrime is predicted to grow from $3 trillion (US) in 2015 to $6 trillion (US) by 20212. That looks like a good enough reason to ditch computers altogether and go back to paper and pen, but obviously that’s not going to happen. We need to tackle this issue head-on with all of the tools we have at our disposal.”

Cyber Plus includes the flexibility to cater for differing risk profiles. The comprehensive suite of insurance products addresses various first and third-party liability issues that can arise from a serious cyber attack or data breach.

Cyber Plus’s small business bundle clients also have immediate access to a crisis response team, which includes a panel of forensic IT experts who will work with them to manage a cyber incident. The cyber bundle will be for sale from September 2017.
BDO’s cyber security survey is now open and closes at midnight on Friday 15 September 2017. Survey participants gain direct access to the survey report in November. To participate in the survey, click here or visit www.bdo.com.au.

NSW Government “Cyber Scare” May 2017 https://www.asial.com.au/documents/item/988
2 Cyber Security Ventures http://cybersecurityventures.com/hackerpocalypse-cybercrime-report-2016/