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Cyber Insurance - Page 4 of 32 - Austbrokers Terrace Insurance | Adelaide | Melbourne

SMEs are leaving themselves wide open to cybercrime

Multi-factor authentication is just one of eight things small and medium size businesses should be doing to protect themselves against cybercrime. Malware, ransomware, data breaches, payment redirection scams, phishing – Australian businesses are increasingly under fire from bad actors in the cyberspace. The average loss to Australian businesses from cybercrime is $45,965 for small businesses […]

Electric Vehicles & Insurance: A Guide for Aussie SMEs

Electric vehicles (EVs) are revolutionising the automotive industry with their eco-friendly design and efficient performance. And governments across Australia are offering incentives for businesses and consumers to invest in EVs. If you’re tempted to buy an EV for your SME, read on. We’ll explain the pros, cons and risk management considerations. Benefits of EVs for […]

Is Your SME Thinking About Using AI? Know the Risks

Just a quarter of Australian small-to-medium-sized (SME) businesses now use artificial intelligence (AI), according to a brokerage survey. However, fast forward to 2026 and six in 10 SMEs expect to be doing so. From streamlining operations to boosting customer service, AI offers a tonne of potential and risks. And, while SME owners might be thinking […]

Strategies to Manage Project Risks for IT Pros

When you’re in the thick of an IT project, the last thing you want is for things to go pear-shaped because you didn’t foresee the risks. Effective risk management is the backbone of any successful project, helping you stay on track and keeping your clients happy. Let’s dive into how you can balance managing risks […]

IT meltdown shows why risk management is essential

Many companies are reluctant to think about and prepare for “black swan” events, writes Michael J. Davern – but a global event shows why they must. In the wake of the widespread chaos we saw on Friday, one old adage perhaps feels even truer now than when it was first coined in the 1960s: To […]

Protect Your Business From Fake Insurance & The Scammers

Running a small business is tough enough without worrying about getting scammed. However, criminals are increasingly targeting small business owners, including when it comes to insurance. They may act online, in person or via the phone. This article will detail different types of insurance scams targeting businesses like yours and how to protect yourself. Why […]

3 Applications of AI That Could Change Your Ag Business

As an emerging technology, artificial intelligence (AI) offers a lot of potential – as well as risks – for Australia’s agricultural sector. This article details three ways to harness AI that could transform your farming operations. How demands on farmers are changing According to the United Nations (UN), the global population will reach 9.8 billion […]

Using Foreign Manufacturers? Here’s How To Reduce Your Risks

Australia’s skills shortage and high manufacturing costs mean importing products and parts from overseas can make good business sense.  This article is your risk management update on sourcing from foreign manufacturers.  Risks of imported products/components Using overseas manufacturers to source parts and products raises these issues: If there’s any issue with the overseas-made product, you […]

Spotlight on Work-Vehicle Bingles & Managing Your Risks

As a business owner, you know how important it is to maintain the safety of your work fleet and have clear policies for staff using them.  The cost of fleet accidents The social and economic costs of all road crashes in Australia are more than $30 billion each year, according to the Bureau of Infrastructure and […]

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