Zurich has launched a new cyberattack response solution for businesses across Asia Pacific. DisgitalResolve, a coordinated incident response service, has been launched by the international insurer to help businesses in Asia Pacific mitigate and recover from cyberattacks. The solution will be offered via Zurich partner Crawford & Company and is currently available for customers in Singapore which covers […]
73% of companies now include cyber-security risk in their au...
This article originally appeared on – SC Magazine UK. Now more than ever, organisations are likely to evaluate cyber-security risk in their annual audit plans. According to Protiviti’s 2016 Internal Audit Capabilities and Needs Survey report, 73 percent of organisations now include cyber-security risk in their internal audits, an increase of 20 percent year-over-year. Over 1,300 internal audit professionals […]
BREAKING NEWS: US$65 million hack hits bitcoin exchange
Bitcoin plunged after one of the largest exchanges halted trading because hackers stole about $65 million of the digital currency. Bitcoin slumped 5.3 percent against the dollar as of 10:17 a.m. on Wednesday in Tokyo, bringing its two-day drop to 13 percent. Prices also sank 6.2 percent on Monday, although it was not clear if […]
10 facts that sell cyber insurance
Cyber insurance is a must for businesses, big or small, as cybercrime attacks grow in number and sophistication. Global reinsurance firm Gen Re highlights 10 facts that lead to more informed cyber insurance decisions. Continue reading here. Source: insurancebusinessmag Is your business protected by Cyber Insurance? We can help you! Contact Us!
Hacking Can Affect Anyone!
SMEs thinking that hacking isn’t a relevant issue to them are being urged to think again, as a hack on a Perth business results in a flood of fake online ads. A Perth-based real estate agency had its computer systems hacked, resulting in scammers publishing fake rental ads. Read more here. Source: My Business
Target Reaches Settlement Over Customer Data Breach
Target will pay $18.5 million to 47 states and the District of Columbia as part of a settlement with state attorney generals over a huge security breach that compromised the data of millions of customers. The settlement ends a year long investigation into how hackers obtained names, credit card numbers and other information about tens […]
Rising Tide Of Cyber Attacks On Financial Institutions
Banks, investment companies, and insurers are prime targets for cybercriminals looking to steal money or information, disrupt operations, destroy critical infrastructure, or otherwise compromise data-rich financial services institutions (FSIs). Indeed, FSIs lead the pack in terms of the average cost of cybercrime incurred by companies in a particular industry, counting both internal activities and external […]
Cyber Attacks Pose $20bn Threat To Economy
Cyber breaches in major cities could cost the Australian economy up to $US16 billion ($20.9 billion), according to a study by Lloyd’s and Cambridge University. Sydney alone has $US4.86 billion ($6.36 billion) of GDP at risk from cyber attack for 2015-2025, ranking it 12th among the world’s 301 major cities, the research shows. Lloyd’s says […]
Phishing Scams: What Are They? How Can You Protect Yourself?
Phishing (pronounced “fishing”) is an online fraud technique used by criminals to lure you into disclosing your personal information. How can you identify a phishing scheme? What are best practices to avoid becoming a victim of online fraud? Unfortunately, as phishing attacks become more sophisticated, it is very difficult for the average person to tell […]
The Risk Of Shadow IT
By 2020, one in three successful cyber-attacks on organisations will be via shadow IT (Gartner) – in other words, the apps and software employees use without their employer’s approval or authorisation. According to Vaughan Klein, Regional Manager of Collaboration at Cisco Australia and New Zealand, the billions of dollars Australian businesses invest in security annually […]
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