As the digital landscape evolves, businesses in Australia face increasing cyber threats, making cyber insurance a crucial component of risk management. Choosing the right policy can be complex, but you can secure a plan that best protects your business with the right approach. Any business, regardless of size, can fall victim to cybercrime. If you […]
Cybercrime is increasing. There’s not a week now when cyber threats and security breaches occur. As a business owner, protecting yourself and your business from cyber-crime is more critical than ever. This is even more important when you consider in 2023, Accenture found that around 43% of cyber-attacks are targeted at small to medium-sized enterprises […]
Hacks, data breaches, and private details leaked online are becoming more commonplace in today’s business world. And while vigilance can help, it’s essential to have specific cover for these types of threats regarding your business. Cyber insurance is coverage tailored to your business risk profile and needs. Atlantic Insurance cyber risk insurance covers businesses for […]
Cyber attacks are growing in both frequency and sophistication. With growing dependence on the digital world come more opportunities for cyber criminals, leading to a 358% rise in malware attacks in 2020 compared to 2019, explains a cyber crime statistics report by AAG. The report states 2021 also saw a 125% global increase in cyber […]
In 2021, 82% of ransomware attacks were against companies with fewer than 1000 employees, while 61% of small-to-medium enterprises (SMEs) in total were the target of a cyber attack, explains StrongDM. For SMEs, it can be easy to overlook Cyber Insurance as one of the core Insurance products necessary for business protection. In reality, this […]
According to Accenture’s cybercrime study, around 43% of cyber attacks are targeted at small to medium sized enterprises (SMEs). SMEs also accounted for 58% of all reported attacks in 2020, explains Astra. Despite this, many small businesses believe they are not at a great risk of attack. Any business, regardless of size, can fall victim […]
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