This report examines the significance of cybersecurity in preventing cybercrime in Australia, addressing research questions about the nature and effects of cybercrime, the importance of cybersecurity, and the challenges in strengthening it. It adopts a positivism philosophy, descriptive research design, quantitative method, and deductive approach, utilizing game theory for analysis. The literature review covers the concept of cybercrime, including ransomware and credential harvesting malware, and the different types of cybersecurity such as application, network, and information security. It also discusses the threat of cybercrime to Australian people and businesses, highlighting Australia's vulnerability due to its developed economy and extensive internet use. The report further explores the challenges of implementing cybersecurity, such as the absence of effective research tools and poorly trained staff. It employs a quantitative data collection method using surveys and probability sampling, with data analysis conducted through graphs, charts, and tables. Ethical considerations, including participant consent, privacy, and data confidentiality, are strictly maintained throughout the research process.