Cyber Insurance. What is it and what does it cover?
The internet has changed the world we live in. “Cyberspace” allows people and businesses to communicate, connect and develop in increasingly sophisticated ways.
While the internet has made it faster and easier to communicate, this rapidly expanding technology is not without its risks. Therefore it is essential for both businesses and their customers to be protected by a cyber insurance policy against the cyber liabilities that they face.
Recent legislation changes in Australia now means that it is more important than ever to consider Cyber Insurance.