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Just 25% of business are insured against cyber attacks. Here's why

  • Written by Jongkil Jay Jeong, CyberCRC Senior Research Fellow, Centre for Cyber Security Research and Innovation (CSRI), Deakin University
Just 25% of business are insured against cyber attacks. Here's whyShutterstock

In the past financial year, the Australian Cyber Security Centre received 76,000 cyber-crime reports – on average, one every seven minutes. The year before, it was a report every eight minutes. The year before that, every ten minutes.

The growth of cyber crime means it is now arguably the top risk facing any business with an...

Read more: Just 25% of business are insured against cyber attacks. Here's why

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