The ACSC Annual Cyber Threat Report 2020–21 has been produced by the Australian Cyber Security Centre, with contributions from the Defence Intelligence Organisation (DIO), Australian Criminal Intelligence Commission (ACIC), Australian Security Intelligence Organisation (ASIO), The Department of Home Affairs and industry partners.
The report covers the financial year from 1 July 2020 to 30 June 2021. This is the second unclassified annual cyber threat report since ASD became a statutory agency in July 2018.
The report highlights the key cyber threats affecting Australian systems and networks, and uses strategic assessments, statistics, trends analysis, and case studies to describe the nature, scale, scope and impact of malicious cyber activity affecting Australian networks. It also provides advice to Australian individuals and organisations on what they can do to protect their networks from cyber threats.
This is a must read for any member wanting to treat Cyber Security seriously.
The Annual Cyber Threat Report provides an overview of the key cyber security threats affecting Australian networks that the ACSC observed during the 2020-21 financial year. It also outlines actions the ACSC took during this period in response to the evolving threat environment.
Produced jointly with our partners at the Australian Federal Police (AFP) and the Australian Criminal Intelligence Commission (ACIC), the Annual Cyber Threat Report provides valuable advice to help Australian organisations and individuals protect themselves online.
- Cyber threats are increasing in both complexity and frequency, with a cybercrime reported every eight minutes in Australia.
- Over $33 billion (AUD) in financial losses to cybercrime were reported by Australian individuals and organisations via ReportCyber.
- The top three cybercrime types reported via ReportCyber were:
- Fraud cybercrime – approximately 23 per cent
- Shopping cybercrime – approximately 17 per cent
- Online banking cybercrime – approximately 12 per cent
- During the reporting period, the ACSC issued 39 Alerts and advisories to help combat urgent and critical threats.
- The ACSC received over 22,000 calls on the Cyber Security Hotline
What does this mean for me?
The ACSC Cyber Threat Report provides vital advice on how you can protect yourself against common cyber security threats, including that you:
- Be alert for phishing
- Turn on multi-factor authentication whenever possible, especially for your main online accounts.
- Update your devices regularly and patch known exploits within 48 hours.
- Back up your important information to the cloud or an external hard drive.
Remember that cyber.gov.au is your one-stop-shop for cyber security advice and guidance, including step-by-step guides for individuals, families, small-to-medium business and large-scale organisations and government organisations.
You can read the full report on the website.