Skip to main content

1800-0-ACTION

1800-0-228-466

AIBG blue background

action white trans

Why You Need Cyber Insurance: The Latest Cybercrime Insights

05 November 2025

The Australian Signals Directorate’s latest Annual Cyber Threat Report reveals a sharp rise in cybercrime targeting Australian businesses. Here’s what you need to know:

🚨 Cybercrime Is Constant

  • 84,700 cybercrime reports were made in 2024–25 — that’s one every six minutes.
  • The average cost to businesses per incident jumped 50% to $80,850.

📈 Attacks Are Increasing

  • The national cybersecurity hotline received 42,500+ calls, up 16%.
  • Malicious activity alerts to businesses rose 83%.
  • Ransomware remains a persistent threat, involved in 11% of incidents.

🏢 Small and Medium Businesses Are Not Immune

  • Cybercriminals target businesses of all sizes, often exploiting email systems and stealing identities.
  • The most common business-related cybercrimes:
    • Email compromise (no financial loss) – 19%
    • Email fraud (with financial loss) – 15%
    • Identity fraud – 11%

🔐 Cyber Resilience Is Crucial

  • The report warns that cybercrime threatens Australia’s economic and social prosperity.
  • With rising financial losses and more frequent attacks, businesses must act now to protect themselves.

Cyber Insurance Helps You:

  • Recover from financial losses due to cyberattacks.
  • Access expert support during and after an incident.
  • Protect your reputation and operations.

Cyber threats are real, growing, and costly. Cyber Insurance is no longer optional — it’s essential.