Pioneers in cyber underwriting, Emergence Insurance announced it had been awarded $100,000 by the Western Sydney University (WSU) from a $745,000 Federal Government grant awarded to WSU. The grant aims to support small businesses in cyber incident response as part of the Cyber Security Business Connect and Project Grants program to be led by WSU.
The initial 12-month program will see Emergence and three other leading cyber security businesses work with WSU to establish the new Cybersecurity Aid Centre in Parramatta, NSW. The centre will provide cyber training and cyber incident response support for small businesses experiencing a cyber fraud event such as a data breach, ransomware attack or business email compromise.
Additionally, Emergence will also implement a formal internship program, whereby WSU students will rotate through Emergence’s Incident Response and Claims Management team exposing them to the real threats of cyber-attacks and develop incident response content to educate small business on cybercrime.
Emergence Founder and CEO Troy Filipcevic said: “We are thrilled to have been awarded a portion of a Federal Government grant as part of the Cyber Security Business Connect and Protect Grants program with WSU”.
“We see daily the devastating impact cyber-attacks and data breaches can have on business. I would like to thank Senator Hon Marise Payne, the Federal Government, and Western Sydney University, Bachelors of Cybersecurity and Behaviour department for their support in encouraging business to recognise the seriousness of being cyber wise”.
“For several years now we’ve been working with Western Sydney University and through our current work with them, we will be providing cyber fraud education with a focus on insurance for small business and train the next generation of cyber security experts through our internship program”.
“In today’s digital world, cybercrime is becoming more and more prevalent. We also believe that educating and raising awareness within the community about the ramifications of cyber-attacks in our day-to-day lives is a positive step in the right direction to combat cybercrime”.
Emergence partners with Western Sydney University to help combat cybercrime for small businessThe Federal Government investment is part of the Australian Government’s Cyber Security Strategy 2020