The Australian National Security Office ( ANAO ) has removed cyber coverage from the Terrorism Insurance Act following its most recent review . Although the agency admitted there had been an increase in " malicious digital attacks " , it concluded there was no " clear and evident market pattern " linking cyber terrorism with physical property damage requiring government intervention " at this time " . “The study will identify and explore current and prospective threats, likely scenarios as well as the practicalities of extending insurance coverage to include cyber terrorism in Australia,” the ANAO said. The legislation will be reviewed again in three years .
The Australian National Security Office ( ANAO ) has removed cyber coverage from the Terrorism Insurance Act following its most recent review . Although the agency admitted there had been an increase in " malicious digital attacks " , it concluded there was no " clear and evident market pattern " linking cyber terrorism with physical property damage requiring government intervention " at this time " . The legislation will be reviewed again in three years .