Cryptojacking involves the unauthorised use of computing resources to mine cryptocurrency, often degrading system performance and inflating electricity or cloud service costs. It may also trigger business interruption.
Australian cyber insurance policies often include include cryptojacking as a covered cyber event—typically under first-party response or business interruption coverage. However, coverage is contingent on the insured maintaining appropriate cyber hygiene and complying with policy notification requirements. Claims may be denied where the incident results from negligence, such as failing to patch known vulnerabilities or disregarding security protocols.
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