Cybercrime Costs for Large Businesses Surge 219 Percent: ASD

The average cost of cybercrime for large businesses has risen by 219 percent in the 2025 financial year, compared with an 8 percent increase for individuals.

A member of the hacking group Red Hacker Alliance who refused to give his real name uses a website that monitors global cyberattacks on his computer at its office in Dongguan, Guangdong Province, China, on Aug. 4, 2020. Nicolas Asfouri/AFP via Getty Images

The Australian Signals Directorate (ASD) has revealed that the cost of cybercrime for large Australian businesses has increased by 219 percent compared to the previous year.

During a parliamentary inquiry into capability of law enforcement to respond to cybercrime, the head of ASD’s cyber security centre, Stephanie Crowe, said the agency received around 84,000 reports of cybercrime in the 2025 financial year.