Here’s some good news for small businesses—cybercrime reports in Australia were down in FY25. But, with 43% of cyberattacks aimed at small businesses, cyber safety should still be on every tradie’s radar.
You may think you’re not worth a hacker’s time, but you might be wrong. Cybercriminals tend to go after easy, less protected targets, which unfortunately describes many tradie businesses.
Cyber weak points for tradies
As a tradie, you may have several cyber blind spots that could put you at risk:
Public wi-fi use – You never know who might be accessing your bank details and passwords through unsecured networks when you’re doing business on worksites or over lunch breaks.
Reusing passwords – It might be convenient to use the same logins everywhere, but it also makes it easier for cybercriminals to gain access to all your accounts.
Snoozing security updates – Hitting ‘update later’ leaves your systems open to cybercriminals who thrive on known vulnerabilities.
Clicking dodgy links – That email might look like it’s from a supplier, contractor, or client, but are you sure? It could be a clever fake stuffed with viruses or ransomware.
Skimming invoices – False billing scams are another way thieves use the names of trusted partners to make a quick buck—they send a fake invoice, hoping you’ll pay without double checking.
Head to the CyberWardens website for tips on correcting these and other cyber weak points.
A cybersecurity safety net
The average cost of cybercrimes for small businesses jumped to $56,600 last year, $7,000 more than in FY2024. That’s why tradies might want to consider Cyber Liability insurance.
Cyber Liability insurance covers losses from claims arising from data breaches, business interruption and remediation costs following an actual or threatened data breach. A policy can help tradie businesses protect their cashflow and profitability. It covers the costs associated with defending a cyber claim and provides 24/7 IT support to help minimise damage and get you back to business faster.
BizCover makes it easy for on-the-go tradies to compare and buy Cyber Liability insurance online, in minutes. For on the go cover, go BizCover or call 1300 805 821!
*This information is general only and does not take into account your objectives, financial situation or needs. It should not be relied upon as advice. As with any insurance, cover will be subject to the terms, conditions and exclusions contained in the policy wording.
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