1 Cyber Attack Every 6 Minutes: Incidents Surge 23 Percent in 2024

Experts stress the need to bridge the trust gap and enhance national cyber resilience.

Figurines with computers and smartphones present in front of the words "Cyber Attack," binary codes and the Russian flag, this illustration taken on Feb. 15, 2022. Dado Ruvic/Illustration/Reuters

Australia has witnessed a 23 percent rise in cybercrime cases in 2024, with new cases increasing by 94,000 over the past year. The Australian Signals Directorate (ASD) also revealed a 10 percent decrease in proactive industry reporting on cybercrime issues from June to August 2023 compared to the previous year.

According to the Department of Home Affairs, a cyberattack occurs every six minutes in Australia, often forcing companies to pay ransoms to regain access to critical data.