Cyber insurance is one of the most upcoming all-important insurance covers for Australian businesses, regardless of size. Digital technology has changed the way most companies do business, cyber-attacks and other issues are now some of the most common threats and risks faced by organisations.
Cyber criminals are able to exploit vulnerabilities of your systems and networks to gain unauthorised access to your data, download malware or to attack a computer or website causing it to stop operating.
For your business, this can mean the loss of data, systems and website downtime - which could cost thousands of dollars to rebuild. Including a loss of income associated.