AON Australia identifies cyberattacks as the primary insurance risk for private schools, followed by mental health issues and social media. The report highlights the increasing vulnerability due to sensitive personal information held by schools and the complexities of the digital world.
Keeping families' sensitive, personal information safe from cyberattacks is now the top insurance risk for private schools in Australia, according to AON Australia, a global insurance broker. With more than 600 private schools on its books, AON has identified cyber risk as the primary area of vulnerability, followed by mental health and social media . For the first time in the decade that the report has been produced, child abuse allegations have entered the top three areas of risk.
This reflects the implications of the 2017 report of the Royal Commission into Institutional Responses to Child Sexual Abuse. The increasing complexity of the digital environment is a common thread linking these top risks, making cyberattacks an established threat schools cannot afford to ignore. Schools hold a lot of personal information, making them particularly vulnerable. Increasing 'always on' expectations are a significant driver of mental health issues among students and staff, while the rise in digital platforms and messaging apps is also contributing to this growing risk
Cybersecurity Private Schools Insurance Risks Mental Health Social Media Child Safety
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Cyberattacks Top Insurance Risk for Australian Private SchoolsKeeping families' sensitive, personal information safe from cyberattacks has become the top insurance risk for private schools in Australia, according to AON Australia. The digital world is the common thread linking the top three areas of risk, which include cyber risk, mental health, and social media. For the first time in a decade, child abuse allegations have entered the top risk areas, reflecting the 2017 report on child sexual abuse by the Royal Commission.
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