CYBER LIABILITY INSURANCE FOR BUSINESS
The threat of cyber crime is on the rise. It is now estimated that one Australian business every 10 minutes experiences some form of breach or hack on their systems or network. Data is valuable and small businesses are considered easy targets.
As a business owner you are responsible for protecting any personal or third party commercial data you hold or have access to on any of your devices, network and cloud. Recent legislation changes mean that the Office of Aust. Information Commissioner (OAIC) now has the power to impose hefty fines if personal data is misused or not protected appropriately.