Cyber Insurance
Cyber insurance is a fairly new form of cover, designed in response to the growing costs of data breaches and hacking to SMEs. The frequency and severity of cyber threats to Aussie business are increasing. Protect your business from digital breaches with cyber insurance.
The resource of choice for the country’s most forward-thinking insurance professionals.
The resource of choice for the country’s most forward-thinking insurance professionals.
Cyber Insurance
Rely on a reputable insurance broker
What is Cyber Insurance?
Cyber insurance is a fairly new form of cover, designed in response to the growing costs of data breaches and hacking to SMEs.
The Australian Cyber Security Centre has some great guides to cyber-security for businesses. In this day and age, especially with the growth of cyber threats, it’s important for your security and data protocols to be adequate.
Most businesses have websites that are vulnerable to cyber-attacks. Even if you don’t have a website, almost every business uses some form of accounting or cloud-based software (think MYOB, Xero, Microsoft 365, etc.). These are all vulnerabilities.

What can be covered
- Legal defence costs
- Loss of income after a cyber event
- Third-party notification costs
- Extortion & ransom costs
- Restoration & investigation
- Public relations
- Accidental copyright infringements
What may not be
- Deliberate or intentional acts
- Physical damage to computer equipment
- Losses from power surge or infrastructure fault
- Failure to comply with PCI DSS requirements
Get started with cyber insurance
Enjoy the peace of mind of cyber protection - Get your quote today.

Cyber Insurance Claim Example
Damon is the practice manager for a small dental clinic. One of their staff clicks on a link within an email, and accidentally downloads malware which locks the entire practice network down, and requires $50,000 ransom to be paid in Bitcoin to unlock it.
Damon contacts the emergency cyber response line for their cyber insurance policy who immediately appoint a specialist to come and evaluate the situation. The specialist authorises payment of the $50,000 ransom, and fortunately – the system can be unlocked.
The downtime for the practice was less than 1 business day, but Damon was able to rest easy knowing that if the unlock was unsuccessful, the practice’s lost income would have been reimbursed while they tried to restore/recover their data.
Why Choose CIB?
Consolidated Insurance Brokers can help by placing you with the best policy for your needs. We’ll find you the most competitive rate possible, and offer advice to ensure your insurance protects what matters.
Our Expertise
Committed to finding you the best insurance solution, our team of knowledgeable insurance brokers will get you the best price available
Your Partner
Safe time and effort by letting our team of expert insurance brokers do the work for you, we can manage your insurance on your behalf.
Clear Terms
We will put an end to the endless jargon, we can help you understand your quotes and policies in clear terms.
Full Cover
We are able to access insurance policies that are not available when buying direct, allowing us to get you a more comprehensive cover and better benefits.
What our clients have to say
109 James Street, New Farm
5.0 750 reviews
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Stanley Curtis ★★★★★ a week ago
I was looking for a quote to insure my rental warehouse and found Aimee Spencer very much on the ball and within 48 hours she had found me a very competitive quote which was accepted. Aimee is a delightful person to do business … More with and I would recommend her to anyone who may be requiring insurance particularly in the commercial area. Thank you Aimee, for looking after my business requirements in a very professional manner. -
Aaron Hase ★★★★★ 2 weeks ago
Contacted Consolidated to see if they could do better for our home insurances after getting a nasty increase with our current insurer. I was fortunate enough to be transferred to Alison Neve and I’m so glad that I was. She … More set expectations of getting back to me with quotes and was back to me within timeframe and laid out our options with emphasis on cover, service and not just price. I’m certainly a happy customer, it’s a joy dealing with a quality broker that goes the extra mile!! Thanks Alison. -
Nicole Filmer ★★★★★ 3 weeks ago
I approached Consolidated Insurance Brokers to receive several quotes for the business I am employed by. These were close to the due date and varied from Commercial Property, Management Liability to Vehicle Insurance. I reached … More Jade Cooper and she was fabulous, nothing was a problem as my employer changed things around to see what way to go. I ended up feeling like I had gained a new friend by the time we finalised all our policies and felt well assured our policies were in good hands. -
Chris Rolfe ★★★★★ 3 weeks ago
We dealt directly with Clayton from Consolidated Insurance Brokers and it was such an easy and seamless process. Before getting in contact with Clayton we tried 2 other brokers that simply couldn’t find public liability for … More us at a reasonable price.I would highly recommend and would certainly use Clayton again for any insurance needs moving forward. -
Adam Aflalo ★★★★★ 4 weeks ago
Tracey is just plain excellent. Our business cover was not at all straight forward. There was a surprising amount of emotion involved for insurance too. Tracey just took it all in her stride, helped me focus on what’s important, … More and got the deal done with incredible responsiveness. Thank you Tracey

How can we help?
With access to a range of quality insurers, and policies not available to the public, we can offer you a range of competitive cyber liability insurance quotes.
We’ll help you compare the price with the coverage offered for each, so you can make the best decision for your needs. For every new business quote and renewal, we break down all important changes and comparisons for you in plain English.
Say goodbye to the uncertainty of not knowing when — or if — you’re covered, and enjoy the peace of mind of cyber protection.
Frequently Asked Questions
There are many benefits of using a broker over buying directly from the insurer. Insurance brokers:
- Work on your behalf to secure you better protection through their negotiating power
- Help you understand your risks and empower you to make better life / business decisions
- Ensure insurers are held accountable to their promise to protect what you value during claims
- Save you time and money by taking care of comparing and customising policies for your needs
No Obligations, Completely Free
Get a Quote Today
Talk today with our team to find the right kind of insurance that will suit your needs.
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