ARPC publishes its latest thought leadership paper: Cyber Terrorism in Australia: 2024 update

22 April 2024

ARPC has published its Thought Leadership paper ‘Cyber Terrorism in Australia: 2024 update’. This has been an extensive piece of work involving research to build on ARPC’s previous paper, ‘Insurance risk assessment of cyber terrorism in Australia’. The 2024 publication, highlights the changing technological capabilities, access to know-how and motivations of non-state actors to mount a cyber attack resulting in physical damage.

Key areas of focus are:

• Physical cyber-attacks are on the rise by state and non-state actors
• Barriers to entry and increasing access to capability
• Asymmetric power makes cyber increasingly desirable
• The systemic nature of cyber-attacks and insurability
• Other international terrorism reinsurance pools often include cyber terrorism, such as in the UK, US and France.

The ARPC Thought Leadership paper lead author is Amanda Tsioutis, with contributions from Dr Christopher Wallace and Michael Pennell.

Access to the full paper can be requested here*.

*Australian Reinsurance Pool Corporation (ARPC) may, in its absolute discretion, provide or refuse to provide access to Cyber Terrorism in Australia: 2023/24 Update paper (the paper). By accessing the paper, I agree that I will not, without the prior written authorisation of the ARPC, share the paper or disclose any information contained therein (other than, if necessary, to another person within my organisation who has acknowledged these obligations), unless that disclosure is required by law.