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Cyber Insurance - Page 31 of 31 - Austbrokers Terrace Insurance | Adelaide | Melbourne

Three Online Scams To Watch Out For

Online cons can cost you both time and money. Here are three common scams you should look out for: Online Dating ScamsAccording to the ACCC, 2,620 Australians lost almost $23 million to romance scams last year. Phishing ScamsWe’ve all received phoney correspondence from a fraudster purporting to look like it’s come from a legitimate business […]

$20bn Cyber Attack Threat

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 […]

Small Business: A Cyber Crime Target

In its Internet Cyber Security Report for 2016, US computer security giant Symantec warns that it is small businesses that are increasingly bearing the brunt of cybercrime worldwide. “In the last five years, we have observed a steady increase in attacks targeting businesses with less than 250 employees, with 43 percent of all attacks targeted at small […]

Investing in IT Security

The Australian Bureau of Statistics, Australian Red Cross, British Airways, Home Depot, Kmart, Last Pass, LinkedIn, Sony Pictures, Target, and Yahoo. What do all these companies have in common?   They are just a small portion of the growing number of organisations that have been hacked or had their data or security breached and consequently […]

Cyber Insurance is Vital

Cyber cover will become a must buy for all businesses, one global head has said, with brokers set to play a “huge” role in the development of the product. Inga Beale, CEO of Lloyd’s,  told Insurance Business that cyber insurance will become a must-have for all manner of businesses as the risk landscape continues to […]

How to Recognise Scam or Hoax Emails or Websites

Scam and hoax websites and emails are designed to: trick you into disclosing personal information such as bank account details, passwords or credit card numbers con you into paying money for fake get-rich-quick offers, prizes or lottery wins, or fraudulent or poor quality goods. Be suspicious of emails from people or businesses you don’t know, and unexpected […]

Law Firms and Cyber Attacks

Law Firms and Cyber Attacks

Cyber attacks not only cost law firms time and money – they could also have professional conduct implications, writes legal affairs commentator Morry Bailes. Apple, Sony, eBay, Dropbox: all influence how we live, shop, communicate and do business – all have been the targets of cyber attacks. And it’s our data they are holding. In […]

Cyber Insurance Set to Rise in Australia

Cyber Insurance Set to Rise in Australia

The number of Australian small businesses with cyber insurance is set to increase, with new research showing one in five Australian SMBs experiencing a cyberattack. New figures from Norton by Symantec revealed 19% of Australian small businesses are looking to purchase cyber insurance in 2017. Currently, only 14% hold a cyber insurance policy. Read full article […]

Governments Calls for ‘Cyber Militia’

Governments Calls for ‘Cyber Militia’

The University of Calgary was forced to pay more than $CA20,000 ($26,745) to cyber criminals after an advanced attack on its computer network recently using ransomware. Even large organizations with sophisticated cyber protections are at risk. Make sure your business is protected and speak to us about how we can source the best cyber insurance […]

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