Sources

Australian Signals Directorate Cyber Threat Report 2022-23
Australian Cyber Security Centre Small Business Survey, 2020, ACSC

Whether it's a data breach, a hacking event, ransomware or phishing attack, it's only a matter of time before your business falls victim to a cyber attack.

Don't make the mistake of thinking that cyber risk is only a concern for large companies. SMEs often have less sophisticated IT security and lack the resources for staff training, making them vulnerable targets for cyber criminals.

Cyber insurance can help. In addition to providing financial protection against potential loss resulting from a cyber incident, cyber insurance will also play a proactive role in helping you prevent such incidents and facilitating a quick recovery for your business in the event of an attack.

How cyber insurance will help your business

5 Reasons Why You Need Cyber Insurance

  • Cyber criminals are actively targeting SMEs in Australia
  • Cyber incidents can cripple your business — your time, money and reputation are on the line!
  • Cyber insurance will cover you for loss or damage caused by a cyber incident
  • You will receive access to services that will help prevent attacks on your business
  • Incident response teams will help you recover when an attack occurs
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