| Product Code: ETC4423776 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
With the rising threat of cybercrime, the BEC market in Australia is gaining prominence. Organizations are investing in robust email security solutions and employee training to mitigate the risk of BEC attacks, which can result in significant financial losses and reputational damage.
The Australia business email compromise (BEC) market is experiencing growth due to several key drivers. Firstly, there`s a rising incidence of cyber threats targeting businesses, including email-based attacks such as phishing and social engineering scams. BEC attacks involve impersonating trusted entities to deceive employees into transferring funds, disclosing sensitive information, or compromising business systems, leading to financial losses and data breaches. Secondly, the increasing reliance on email communication for business operations and the prevalence of remote work arrangements are creating vulnerabilities that cybercriminals exploit. Additionally, the sophistication of BEC attacks, including advanced social engineering tactics and compromised email accounts, is driving demand for cybersecurity solutions to detect and mitigate threats. Furthermore, regulatory requirements and industry standards mandating cybersecurity measures and incident response protocols are shaping market trends and driving investment in BEC prevention technologies and services in Australia.
Challenges in the Australia business email compromise market include cybersecurity threats and phishing attacks. Adapting to changes in email security protocols and addressing concerns regarding BEC prevention are ongoing challenges for cybersecurity firms.
The business email compromise (BEC) market in Australia involves cybersecurity solutions and services aimed at preventing and mitigating email-based attacks targeting businesses, such as phishing, spoofing, and fraud schemes. These attacks often involve impersonation of legitimate entities to trick employees into transferring funds, divulging sensitive information, or performing unauthorized actions. Government regulations may mandate cybersecurity protocols, incident reporting requirements, and employee training programs to combat BEC threats. Market dynamics are influenced by factors such as cybercrime trends, regulatory compliance mandates, industry-specific risks, and advancements in email security technologies.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Business Email Compromise (BEC) Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Business Email Compromise (BEC) Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Business Email Compromise (BEC) Market - Industry Life Cycle |
3.4 Australia Business Email Compromise (BEC) Market - Porter's Five Forces |
3.5 Australia Business Email Compromise (BEC) Market Revenues & Volume Share, By Offering , 2021 & 2031F |
3.6 Australia Business Email Compromise (BEC) Market Revenues & Volume Share, By Deployment Mode , 2021 & 2031F |
3.7 Australia Business Email Compromise (BEC) Market Revenues & Volume Share, By Vertical , 2021 & 2031F |
3.8 Australia Business Email Compromise (BEC) Market Revenues & Volume Share, By Organization Size, 2021 & 2031F |
4 Australia Business Email Compromise (BEC) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of digital communication channels in business operations |
4.2.2 Rising sophistication of cyber threats and attacks targeting businesses |
4.2.3 Growing awareness among organizations about the risks associated with BEC attacks |
4.3 Market Restraints |
4.3.1 Stringent data protection regulations impacting the implementation of email security measures |
4.3.2 Lack of cybersecurity expertise and resources within businesses |
4.3.3 High costs associated with implementing advanced email security solutions |
5 Australia Business Email Compromise (BEC) Market Trends |
6 Australia Business Email Compromise (BEC) Market, By Types |
6.1 Australia Business Email Compromise (BEC) Market, By Offering |
6.1.1 Overview and Analysis |
6.1.2 Australia Business Email Compromise (BEC) Market Revenues & Volume, By Offering , 2021-2031F |
6.1.3 Australia Business Email Compromise (BEC) Market Revenues & Volume, By Solutions, 2021-2031F |
6.1.4 Australia Business Email Compromise (BEC) Market Revenues & Volume, By Services, 2021-2031F |
6.2 Australia Business Email Compromise (BEC) Market, By Deployment Mode |
6.2.1 Overview and Analysis |
6.2.2 Australia Business Email Compromise (BEC) Market Revenues & Volume, By Cloud, 2021-2031F |
6.2.3 Australia Business Email Compromise (BEC) Market Revenues & Volume, By On-premises, 2021-2031F |
6.3 Australia Business Email Compromise (BEC) Market, By Vertical |
6.3.1 Overview and Analysis |
6.3.2 Australia Business Email Compromise (BEC) Market Revenues & Volume, By BFSI, 2021-2031F |
6.3.3 Australia Business Email Compromise (BEC) Market Revenues & Volume, By Government, 2021-2031F |
6.3.4 Australia Business Email Compromise (BEC) Market Revenues & Volume, By IT & ITeS, 2021-2031F |
6.3.5 Australia Business Email Compromise (BEC) Market Revenues & Volume, By Energy and Utilities, 2021-2031F |
6.3.6 Australia Business Email Compromise (BEC) Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.3.7 Australia Business Email Compromise (BEC) Market Revenues & Volume, By Retail and eCommerce, 2021-2031F |
6.3.8 Australia Business Email Compromise (BEC) Market Revenues & Volume, By Other Verticals, 2021-2031F |
6.3.9 Australia Business Email Compromise (BEC) Market Revenues & Volume, By Other Verticals, 2021-2031F |
6.4 Australia Business Email Compromise (BEC) Market, By Organization Size |
6.4.1 Overview and Analysis |
6.4.2 Australia Business Email Compromise (BEC) Market Revenues & Volume, By SMEs, 2021-2031F |
6.4.3 Australia Business Email Compromise (BEC) Market Revenues & Volume, By Large Enterprises, 2021-2031F |
7 Australia Business Email Compromise (BEC) Market Import-Export Trade Statistics |
7.1 Australia Business Email Compromise (BEC) Market Export to Major Countries |
7.2 Australia Business Email Compromise (BEC) Market Imports from Major Countries |
8 Australia Business Email Compromise (BEC) Market Key Performance Indicators |
8.1 Number of reported BEC incidents in Australia |
8.2 Percentage of businesses investing in email security training for employees |
8.3 Rate of adoption of email authentication protocols like DMARC within Australian businesses |
9 Australia Business Email Compromise (BEC) Market - Opportunity Assessment |
9.1 Australia Business Email Compromise (BEC) Market Opportunity Assessment, By Offering , 2021 & 2031F |
9.2 Australia Business Email Compromise (BEC) Market Opportunity Assessment, By Deployment Mode , 2021 & 2031F |
9.3 Australia Business Email Compromise (BEC) Market Opportunity Assessment, By Vertical , 2021 & 2031F |
9.4 Australia Business Email Compromise (BEC) Market Opportunity Assessment, By Organization Size, 2021 & 2031F |
10 Australia Business Email Compromise (BEC) Market - Competitive Landscape |
10.1 Australia Business Email Compromise (BEC) Market Revenue Share, By Companies, 2024 |
10.2 Australia Business Email Compromise (BEC) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |