In just 3 months there were over 13,000 cybercrime incidents reported to the Australia Centre for Cyber Security (ACSC). This equates to one case every 10 minutes. Cyber-attacks are an extremely lucrative form of criminal activity, which is fueling a dramatic increase in the number of attacks on Australian businesses of all sizes.
Cost of cyber attacks on small business
There are a number of factors that may be impacted due to a cyber attack, including:
Cyber insurance is designed to help protect your business from the financial impact of a computer hacking or a data breach. This risk exposure is not covered by a traditional business insurance policy. We’re part of Community Broker Network, and they’ve prepared a good piece on cyber risk and insurance, and what’s typically included here.
Contact us if you’d like to find out more or get a quote for your business.
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