Underinsurance continues to be a problem impacting both businesses and consumers. “Our biggest challenges continue to be influencing and convincing our clients that they really need to have cyber risk cover, management liability, and business interruption,” Robert Cooper, director of CPR Insurance Services told Insurance Business. “Many continue to be underinsured. Continue reading here. Source: Insurance Business […]
Cyber Security is No Joke
Whether you have a website, online accounts or any type of web-based infrastructure, you are at risk of cyberattack. Normally everyone typically hears about cyberattacks against high-profile companies. However, small businesses make prime targets for cybercriminals, competitors and unhappy parties. Due to their lack of resources, small businesses often have the least-protected websites, accounts and network […]
The Rise of Ransomware
Ransomware threat is on the rise as ‘almost 40% of businesses were attacked’ in 2015/2016. Ransomware attacks – in which a malicious software blocks access to a computer system until a sum of money is paid – are a looming threat in the world of cybercrime. The term refers to a number of versions […]
$500,000 Cyber Theft Foiled
A fast-acting staff member has thwarted cyber thieves from stealing $500,000 from a Perth real estate agent’s trust account, it has been reported.The cyber thieves were believed to have gained access to the agency’s bank accounts using a malware downloaded into the agency’s system, probably from an email attachment. Said malware allows cybercriminals to record […]
5 Data Breach Predictions for 2017
In 2017, most companies have data breach preparedness on their radar. But the threat landscape is ever-evolving. Staying ahead of emerging threats and the increasing sophistication of cybercriminals requires “constant vigilance,” as Mad-Eye Moody from J.K. Rowling’s Harry Potter series was fond of saying. To help you stay ahead of emerging threats, CIO have provided […]
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 […]
Is That Email Really From Your Boss?
The business email compromise scam happens when a fraudster impersonates a senior member of staff to trick someone at the company to transfer funds to the fraudster’s account. While that may sound simple enough, the scam can be quite sophisticated in the way it’s put together – with many months of detailed planning going into the […]
SME’s Urged To Take On Cyber Cover
“For SMEs, the time for thinking about cyber insurance protection is over, and it’s now time for action to be taken,” McMillan told Insurance Business.“No longer can cyber risk be a business issue considered to be the responsibility of IT managers alone. The damage to […]
4 Ways Your Business is at Risk
The Internet opens up small businesses to global markets and a wealth of opportunity, but it also puts you in contact with people whose intent is to harm your business. Avoidable security breaches are, sadly, a fact of life for many small businesses – in some cases the impacts of which are so severe that […]
1 in 5 Businesses Considering Cyber Insurance
One in five small businesses are looking to purchase cyber cover, presenting brokers with an opportunity to help their clients and boost their businesses, a new report has found. Cyber security firm Norton by Symantec released a new report today which revealed that 19% of small businesses in Australia are looking to purchase cyber cover in […]
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