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Australian government trying to weed out the ‘murky’ areas of cyber insurance

While Australia’s cyber insurance market is still quite immature, the government needs to set the agenda and determine the priority areas for attention, according to Pip Wyrdeman, Senior Adviser Cyber Policy for the Office of the Cyber Security Special Adviser at the Department of the Prime Minister and Cabinet (PM&C). Speaking at the InnovationAus Cyber Insurance 2017 conference in Sydney on Thursday, Wyrdeman said government cannot do it alone, and in addition to partnering, it will require individuals and businesses to understand what is at the heart of their business — in particular where data lives and who has access to it, and how the business would survive should a cyber-related incident occur.

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