Crimes are on the rise in Australia. From multiple break-ins and vehicle theft to cyberattacks.
A report by the Australian Bureau of Statistics (ABS) reveals that one in five houses has been broken in more than once in 2024. Additionally, the rate of motor vehicle theft increased from 0.5% to 0.7% in the same year.
A surge in financial crimes is also expected in 2025 based on Kroll’s 2025 Financial Report. This primarily threatens Australian financial firms which is a cause for concern.
More often than not, the impact of these crime risks are sure to trickle down to Aussie businesses, especially small and medium enterprises (SMEs) with limited resources, workforce, and distribution and supply chains.
In fact, premiums are becoming costly, so business owners are forced to reassess their insurance needs.
Unsure of what to do?
Let’s explore some preventive measures that matter most to keep your business right on track amid worsening crime risks.

Keep Your Business Safe
We know you want to focus on growing your business, not worry about break-ins, fraud, or hacking.
So to achieve this, a little preparation goes a long way for you.
Here are some ways to stay ready for the worst while keeping your eyes on the best.
1. Fortify your business’s entrance and exit. Never hesitate to invest in sturdy doors, security screens, and access control measures, say card readers, to limit any unauthorised entry. When push comes to shove, that extra layer of protection can make the difference.
2. Install CCTV Cameras. CCTVs are a must-have for business owners.
They not only provide real-time surveillance, they also act as a signal to let people know that their activities are being watched and monitored. Knowing this makes them hesitate to commit any crime.
And in case a crime does happen, CCTV footage can also be a strong source of evidence.
3. Set up alarms. Alarms will alert security personnel and authorities if a crime happens, so they can respond on time.
4. Protect your digital assets. Businesses, particularly SMEs, are more at risk of cybercrimes.
They don’t have state-of-the-art cybersecurity systems and encryptions installed because they lack the resources to maintain one.
However, you don’t have to spend a fortune for sophisticated security systems at the expense of your financial stability.
Just focus on the basics. Say, backing up your data regularly, updating your software, and checking out affordable cybersecurity toolkits. Then, you can combine these with the right insurance to fill any gaps.
5. Team up with insurance brokers. Crimes are making insurance more costly for businesses. This is where you need the help of an insurance broker.
Insurance brokers work to your advantage. They assess your risks and look for policies that not only match your needs, but also give you comprehensive protection. Through this, you won’t have to pay for something you don’t actually need.
Getting the Right Coverage
Increasing crimes and cyberattacks are a growing concern for Aussie businesses.
And a way to address it is to obtain the right coverage on top of some practical steps.
Here are some must-have covers that you should consider.
- Cyber Insurance: This can give you protection against any financial pitfalls caused by data breaches, phishing scams, and other digital threats and cyberattacks.
- Crime Insurance: This can cover the financial losses you suffered because of theft, fraud, and other crimes, regardless if the crime was committed by your own employee or by other people.
- Burglary Insurance: Located in an area with a high crime rate? This is definitely a lifesaver since its coverage includes financial losses and property damages from break-ins.
- Business Interruption Insurance: This can cover any lost income in situations wherein you had to temporarily close your business due to a crime.
An additional tip for you: keep track of your policy. Review it and make sure it addresses the risks your business is facing. Also, don’t hesitate to reach out to your insurance broker if you have any concerns or questions.
How Can Tank Insurance Assist You
As an insurance broker in Sydney, we offer quality services and assistance.
Our team of experts can customise policies for you, matching your specific needs and crime risks.
With our help, you don’t have to spread yourself so thinly just to find the right insurance.
Reach out to Tank Insurance today and let’s grow your business with confidence.