According to the ACSC Annual Cyber Threat Report 2024-25, the average cost of a cyber incident for Australian small businesses is $56,600—a 14% increase from the prior year. For medium businesses, costs average $97,200 (up 55%). Cyber insurance claims are increasingly being denied for businesses without adequate controls like multi-factor authentication and endpoint protection. Investing in preventative cybersecurity is significantly cheaper than recovering from an attack. Mercury IT helps businesses implement cost-effective, Essential Eight-aligned security that satisfies insurers and protects your bottom line.