As the adoption of artificial intelligence (AI) becomes increasingly prevalent among accounting firms in Australia, concerns about cybersecurity remain a significant challenge. According to the CPA Australia: Business Technology Report 2025, one in five businesses reported a cyber breach in the past year, highlighting the critical need for robust cybersecurity measures to accompany ongoing investments in AI.
The fifth annual report, which surveyed accounting and finance professionals from Australia, Mainland China, Hong Kong, Malaysia, and Singapore between July and September 2025, underscores the growing cybersecurity risks tied to the rapid rise of AI technologies. As organizations prepare to increase their AI tool investments into 2026, CPA Australia warns of a potential surge in cybersecurity threats.
Gavan Ord, the business investment and international lead at CPA Australia, emphasized the urgency of addressing cybersecurity vulnerabilities, particularly for smaller businesses. “Cybersecurity isn’t optional – it’s essential,” he stated. Ord pointed out that smaller enterprises often lack the resources and expertise necessary to effectively combat these growing threats, which can lead to devastating data breaches and significant financial losses.
The Rising Need for Cybersecurity in AI Adoption
With the increasing integration of AI in various business processes, the necessity for enhanced cybersecurity measures cannot be overstated. The CPA Australia report illustrates that while businesses are eager to leverage AI for efficiency and competitive advantage, they must simultaneously fortify their digital defenses to mitigate risks associated with cyber breaches.
In the context of AI’s rapid evolution, cybercriminals are becoming more adept at exploiting vulnerabilities, making it critical for businesses to stay ahead of potential threats. The report suggests that the combination of AI and robust cybersecurity practices is essential for protecting sensitive data and maintaining customer trust.
The investment in AI tools should be paralleled with efforts to strengthen cybersecurity infrastructure. This includes conducting regular risk assessments, implementing advanced security protocols, and fostering a culture of cybersecurity awareness among employees. Such measures can help businesses not only defend against cyber threats but also ensure compliance with data protection regulations.
Implications for Small Businesses
For small businesses, the stakes are particularly high. The lack of cybersecurity expertise and limited resources makes them particularly vulnerable to cyberattacks. As Gavan Ord noted, smaller firms must prioritize their cybersecurity strategies or risk facing dire consequences. The CPA Australia report serves as a clarion call for these businesses to take proactive steps in enhancing their digital security.
In a landscape where cyber threats are increasingly prevalent, the integration of AI must not come at the expense of cybersecurity. By adopting a comprehensive approach that emphasizes security as a foundational element of AI implementation, businesses can better position themselves to navigate the complexities of today’s digital environment.
In conclusion, as Australian accounting firms and other businesses look to harness the power of AI, cybersecurity must be an integral part of their strategy. With the potential for increased investments in AI tools and the looming threat of cyber breaches, the message from CPA Australia is clear: prioritizing cybersecurity is not just a recommendation—it is essential for sustainable business growth and resilience.
See also
European Commission Proposes Targeted Changes to AI, Cybersecurity, and Data Regulations
Retail Cyberattacks Surge 10% in Q2 2025: How to Fortify Your Defenses Now
CrowdStrike Boosts Growth with New AI Partnerships Driving 95% SIEM Revenue Surge
AI-Driven Cyberattacks Surge, Exploiting Vulnerabilities in Hours, Experts Warn
AI-Driven Cyberattacks Surge: 76% of CISOs Expect Major Breach in 2025
