Cyber Protection Insurance

Australia is the 5th most targeted country for cyber attacks globally (Symantec Internet Security Threat Report, April 2016)

Did you know?

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    More than 20% of Australian businesses have experienced cybercrime, with 40% directed at SMEs (CERT Australia, 2012)

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    75% of cyber attacks come from human error (IT Policy Compliance Group, 2007)

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    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.

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