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Insurance fraudsters driving up premium costs in Australia, expert warns

Insurance fraudsters driving up premium costs in Australia, expert warns

A report from insurance giant IAG said it had detected a 30 per cent spike in suspicious claims in the past year in Australia.
In Sydney alone, compulsory third party insurance claims rose by around 39 per cent, despite a drop in road casualties.

Reinforcing cyber security strategies with cyber insurance

Cyber security is a critical challenge for Australia. From opportunistic hackers to professional cybercriminals, the risks of having confidential data compromised, intellectual property stolen or business operations disrupted are all too real when companies are storing their assets on virtual, shared, remote or outsourced platforms.