Cybercrime poses a significant threat to all businesses, with an estimated global cost of $10.5 trillion in 2025—making it the third-largest economy after the U.S. and China. These threats result in enormous expenses, breaches, eroding customer trust, damage to brand reputation, and business disruption. To counteract cyber threats, companies are constantly adapting their data storage and customer interaction policies. However, they also focus on cloud security, supply chain protection, and compliance with ever-changing cybersecurity regulations.

ANZ businesses overestimate cyber readiness amid resilience gap – SecurityBrief Australia
Summarize this content to a maximum of 60 words: ANZ businesses overestimate cyber readiness amid resilience gap SecurityBrief Australia