This is Why Cyber Insurance is Important protection for your Business

By Peter Vickers Insurance Brokers | business, small business, Insurance, Cyber Security, cyber insurance |

Do you know your Cyber Crime Stats?

Cyber Crime Insurance Stats check out the ACSC report

Back in 2013 Cybercrime cost Australian businesses approximately $4.5 billion annually, yet it was one of the least insured policy areas. Read the full story here

Fast forward to 2019 “The Morrison Government estimated cybersecurity incidents cost Australian businesses $29 billion each year. People lost an average of $700 to cybercrimes, according to survey results released mid-2019”

And now the average cost of cybercrime to a business in Australia is around $276,000, according to the Australian Cybercrime Online Reporting Network. Read more

The industries most vulnerable to cyber-attacks:

  • Small businesses.
  • Healthcare
  • Government agencies.
  • Energy companies.
  • Higher education facilities.


The Six most common cyber-attacks:

  • Malware
  • Phishing.
  • Man-in-the-middle attack.
  • Distributed denial-of-service attack.
  • SQL injection.
  • Zero-day exploit.


To Protect Yourself and Your Business with Cyber Insurance talk to Peter Vickers Insurance Brokers  on 1300 784 011

Q: Why use an Insurance Broker? A: For the advice only a qualified professional that specialises in Insurance can give.

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