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Mark Knowles, General Manager of Security Assurance at Xero, puts it: “Small and medium businesses are under increased attack because cybercriminals see them as a vulnerable target. They expect small businesses won’t invest a whole lot of time in thinking about how to protect themselves.”
The way we make payments has fundamentally shifted. Only around 13% of Australian payments were made with cash in 2022 — and we’re more comfortable making purchases online than ever before.