Understanding Cyber Insurance In Australia

Insurance

Source: Understanding Cyber Insurance In Australia

According to the Australian Cyber Security Centre (ACSC), Australian businesses experienced a staggering 67% increase in cyber attacks in 2022-23, highlighting the urgent need for robust cybersecurity measures. While prevention is crucial, cyber attacks can still happen. This is where cyber insurance comes in – a specialized insurance policy designed to protect your business from the financial fallout of a cyber incident.

---