Small businesses are the #1 target for cybercrime — here’s how to fight back (for free)

💻 Cybersecurity Risks Every Small Business Owner Should Know

As small business owners, we juggle everything from finances to customer service. But one area that often slips under the radar is cybersecurity.

The reality? Cybercriminals love targeting small businesses because they assume we don’t have the same protections as big corporations. And too often, they’re right.

🚨 The Risks You Can’t Ignore

  • Phishing emails that look legitimate but trick you into clicking harmful links.
  • Ransomware that locks your files until you pay up.
  • Business email compromise where fraudsters impersonate suppliers or executives to steal money.
  • Weak passwords and outdated software that make it easy for hackers to get in.
  • Data breaches that expose sensitive client information and damage trust.

These aren’t just IT problems — they’re business problems. A single incident can cost thousands, disrupt operations, and harm your reputation.

🛡️ Simple Steps to Stay Safer

  • Turn on multi-factor authentication for all accounts.
  • Keep your systems and software up to date.
  • Back up your data regularly and securely.
  • Train your team to spot suspicious emails.
  • Limit access to sensitive information.

💡 Free Help You Might Not Know About

The good news? You don’t have to tackle this alone. There are free services designed specifically for small businesses:

  • IDCARE — Australia and New Zealand’s national identity and cyber support service. Offers incident response, cyber “first aid,” health checks, and one‑on‑one advice.
  • Australian Cyber Security Centre (ACSC) — Practical guides, alerts, and resources tailored for small and medium businesses.
  • Scamwatch — Run by the ACCC, it provides up‑to‑date information on scams and how to report them.
  • Cyber.gov.au — The government’s central hub for cyber safety, with step‑by‑step advice on protecting your business.

📌 Why This Matters

As a bookkeeping business, I see firsthand how much trust clients place in us to protect their financial data. Cybersecurity isn’t just about technology — it’s about safeguarding that trust.

So if you’re a small business owner, take five minutes today to review your cyber practices. And remember: if something goes wrong, help is out there and it’s free.

Does it make sense to outsource your payroll?

Everyone knows the importance of accurate payroll. Industry research conducted by Xero and Dynata confirms up to 49% of small businesses have made payroll errors. Small businesses often rely on manual processes, making the likelihood of error much higher.  These errors may include late payments, under and over-payments, and can erode employee morale and trust. We are payroll professionals that are required to keep our knowledge and technical abilities up to date with any changes in legislation, compliance and technology – we know our stuff so you don’t have to! Some of my clients have handed over responsibility for their payroll in order to spend more time on their business, giving them the freedom to concentrate on why they went into business in the first place! Contact Customised Accounting Matters if you need assistance with your payroll function. Making it easy! #payroll #smallbusiness #outsourcing #xero #myob #customisedaccountingmatters

EOFY is coming! Are you ready?

End of Financial Year is nearly upon us.  Now is the perfect time to make sure you will be ready.  Check out this handy list to help get you on track.

If you are worried your records won’t be up to date by tax time, contact me about our Bookkeeping Rescue service.  Let us do the work for you, while you keep running your business.

#smallbusiness #bookkeepingrescue #eofy #bookkeeping #cashflow #basagent #bas

https://business.gov.au/finance/accounting/essential-tasks-at-end-of-financial-year-eofy