Global insurance giant Allianz has teamed with tech power-hitters Cisco and Apple and insurance broker Aon to develop a comprehensive cyber risk management solution.

Cisco Academy’s new online program will allow students to comprehend the role networked systems within business and enterprise play as well as how to manage secure network systems.

The partnership will see the establishment of an academy at the university’s Tonsley Park building, in which Cisco staff will provide training to students.

In a statement, Minister Assisting the Prime Minister for Cyber Security, Angus Taylor said the Federal Government rates cybersecurity and cybercrime among "the fastest growing threats to corporations, citizens, and governments globally".

Internet of Things (IoT) hub launched in Sydney, galvanising government, ICT and education partners.