Did you know?
More than 20% of Australian businesses have experienced cybercrime, with 40% directed at SMEs (CERT Australia, 2012)
75% of cyber attacks come from human error (IT Policy Compliance Group, 2007)
The average cost of a cyber incident in Australia is $276,232 (Australian Government, 2015)
What is Cyber Protection Insurance?
Cyber Protection Insurance is a relatively new form of cover. It’s designed to help protect your business from the financial impact of computer hacking or a data breach.
Why do I need it?
If your business has a website or electronic records, you’re vulnerable to cyber hackers. In fact, it’s likely that your business will suffer a cyber attack at some stage.
A cyber attack could cost your business more than money. It could also threaten your intellectual property and put customers’ personal information at risk - which could damage your reputation.