Australian cities have $81 billion at risk

Australian cities have $81 billion at risk

An insurance leader has released its latest research which shows that Australian cities have $81 billion in GDP at risk from both man-made and natural disasters. Australia’s six top cities have an estimated $81.06 billion of GDP at risk from various threats, according to Lloyd’s. The latest research, developed in partnership with Cambridge University’s...
AshleyMadison bill could rise to as much as US$500 million

AshleyMadison bill could rise to as much as US$500 million

Aon has revealed that cyber insurance is its fastest growing global coverage as numbers in Australia continue to spike. The global powerhouse noted that while cyber is popular the world over, business in Australia is booming as the company is writing half as much cyber business as it did last year in each quarter....
Cyber threat looms large

Cyber threat looms large

by Cecilia Harris Cyber risk is rife according to a recent regulatory report revealing an estimated yearly cost of $1 billion to Australian business as a result of cybercrime attacks. The Australian Cyber Security Centre (ACSC) has released its first unclassified report exposing a 20% increase in cybercrime over the past year, with banking...
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