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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...

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