Cyber threat landscape faced by financial and insurance industry

In 2008, the Australian Institute of Criminology (AIC) commissioned an Australia-wide survey of businesses to identify the prevalence, nature, costs and impacts of computer security incidents against Australian businesses during the 12 month period ending 30 June 2007 (Richards 2009). The Australian Business Assessment of Computer User Security (ABACUS) survey used a random sample of Australian businesses, stratified by industry sector and business size, to enable generalisations to be made about the entire population of Australian businesses - see Challice (2009) for a detailed discussion of the survey methodology. Of the 4,000 survey respondents (a response rate of 29%), 221 respondents were from the financial and insurance industry.