As of September 2019, a survey conducted in Australia regarding cyber security for small to medium businesses noted that 48 percent of respondents spent less than 500 Australian dollars on cyber security per year. That same year, the source stated that two percent of the SMBs surveyed spent 50 thousand Australian dollars or more on cyber security.
Annual cyber security expenditure by small to medium businesses in Australia in 2019, by expenditure range
The source defined small to medium businesses (SMBs) as any of the following:
- Sole trader — one employee
- Micro-business — two to four employees
- Small business — five to 19 employees
- Medium-sized business — 20 to 199 employees.
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Australian Cyber Security Centre. (February 20, 2020). Annual cyber security expenditure by small to medium businesses in Australia in 2019, by expenditure range [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1045929/australia-annual-cyber-security-expenditure-by-smbs-by-expenditure-range/
Australian Cyber Security Centre. "Annual cyber security expenditure by small to medium businesses in Australia in 2019, by expenditure range." Chart. February 20, 2020. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1045929/australia-annual-cyber-security-expenditure-by-smbs-by-expenditure-range/
Australian Cyber Security Centre. (2020). Annual cyber security expenditure by small to medium businesses in Australia in 2019, by expenditure range. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1045929/australia-annual-cyber-security-expenditure-by-smbs-by-expenditure-range/
Australian Cyber Security Centre. "Annual Cyber Security Expenditure by Small to Medium Businesses in Australia in 2019, by Expenditure Range." Statista, Statista Inc., 20 Feb 2020, https://www.statista.com/statistics/1045929/australia-annual-cyber-security-expenditure-by-smbs-by-expenditure-range/
Australian Cyber Security Centre, Annual cyber security expenditure by small to medium businesses in Australia in 2019, by expenditure range Statista, https://www.statista.com/statistics/1045929/australia-annual-cyber-security-expenditure-by-smbs-by-expenditure-range/ (last visited November 22, 2024)
Annual cyber security expenditure by small to medium businesses in Australia in 2019, by expenditure range [Graph], Australian Cyber Security Centre, February 20, 2020. [Online]. Available: https://www.statista.com/statistics/1045929/australia-annual-cyber-security-expenditure-by-smbs-by-expenditure-range/