After hackers stole about $65 million of Bitcoin’s digital currency, it raises the question, is Bitcoin only for cyber criminals? Those affected by the cyberattack would see a window pop up on their screen telling them that their files were inaccessible, then demanding payment of a ransom lest their files be deleted.  Read full article here. Source: salon.com

Businesses are unknowingly surrending themselves to cyber attacks. Is your business protected?  The study of 2000 security executives from companies with annual revenue above $US1 billion ($1.3 billion) was carried out across 15 countries, including Australia. It found 75% are confident in their ability to protect their businesses from attacks. Read full article here. Source: insurancenews […]

Everyone is at risk for a cyber attack, you can taint a whole network with one email. Ensure that ransomware is covered in your insurance policy today. Insurance law specialists underscore the need for cyber ransom liability insurance for healthcare organisations, especially with the rise of cyberattacks. There are all different components within a cyber policy.  […]

Australian and New Zealand Checkpoint Marketing Manager Chris Rodriguez, says small businesses often lack security and protection, making attractive targets for cybercrime. The reason small businesses make such attractive targets for cyber-criminals is they have sufficiently valuable information to make it worth an attacker’s time, yet they often lack the protection level of larger organisations. […]

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 […]

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 […]