Australian small and medium enterprises (SMEs) are rapidly seeking cyber insurance due to an increase in cyberattacks. The growing threat landscape is prompting businesses to protect their digital assets, leading to a surge in demand for insurance coverage as a precautionary measure against potential financial losses and data breaches.
Cybersecurity Industry Gains $1.7 Billion to Develop Cutting-Edge Protection Technologies
In April 2025, cybersecurity startups raised $1.7 billion, signaling a shift to proactive digital defense strategies amid escalating threats. Leading investments, particularly in AI-driven solutions,
