BizCover

This ebook aims to guide you through the basics of business insurance. It provides information on how to identify the specific risks your startup or small business might face, a brief rundown of the different types of insurance, and practical tips to help ensure a smooth claims process.

From June 2020 to June 2021, the Australian Cyber Security Centre (ACSC) received, on average, one report of a cybercrime every 8 minutes. In 2021-22, it was one report every 7 minutes. And last year, it had dropped again to one report every 6 minutes.

There’s obviously a lot to keep on top of as a business owner, so it can be easy to go into insurance with a “set and forget” attitude, says Jane Mason, Head of Intermediated Business for BizCover.

Does your business have a cyber security strategy?

In Australia, cyber security costs businesses $1 billion a year and, according to the …