Dr James Waldie and Dr Gordon Cable founded Human Aerospace in Adelaide, South Australia this year to ensure technologies developed from future space explorations also offer terrestrial benefits. “I think people forget all of the research and money that’s spent on space has a huge amount of return on investment in terms of the technology […]
The tax time scams targeting your business and how to avoid ...
Accountants and bookkeepers are making hay while the sun shines in the lead up to tax time — but they aren’t the only ones. Cyber security experts are predicting an increase in scam activity targeting small-to-medium businesses over the next month as fraudsters ramp up their tax time scams. Large-scale data breaches have put downward […]
Australia, one of the best countries for business – FM Globa
Australia has been recognised as one of the best countries for business, ranking 17th overall among 130 countries and territories according to the resilience of its business environment. This was according to the 2019 edition of the FM Global Resilience Index which was derived from 12 economic, risk quality, and supply chain-related measures to address […]
Revealed – Australia’s top business risks
Damage to brand and reputation followed by economic slowdown and business interruption have topped the list of business leader concerns in Australia, according to Aon’s 2019 Global Risk Management Survey. “In 2017, Australian respondents ranked regulatory and legislative change as the top risk facing local business, something which perhaps reflected the level of change evident […]
The future of business
How emerging technologies are changing work processes Emerging technology is already changing how people work and the next five years is likely to see even more seismic changes in work processes. Organisations already exploring and implementing automation are one step closer to a seamless transition to the future of work and negating comparative inefficiencies and […]
Is credential stuffing the next big cyber threat?
Brokers and businessowners are being warned about the rise of credential stuffing – an illicit online activity which could be the next big cyber threat to hit Australia. First coined in 2011, credential stuffing is the term used when hackers take a username and password, then run it through different sites to see if they […]
Allianz reveals “eye-watering cost” of cyberattacks
With cyberattacks getting increasingly sophisticated, it has become one of the most significant risks for businesses, resulting in “eye-watering losses” of as much as US$600 billion ($840 billion) a year worldwide, according to global insurer Allianz. Sinead Browne, chief regions and markets officer at Allianz Global corporate and specialty, said much of this loss was […]
Chubb issues warning on potential cyberattacks against SMEs
Chubb has published an advisory which outlines that while cyberattacks on major companies often make the headlines, SMEs continue to be much more common targets. Entitled “Cyber Attack Inevitability: The Threat Small & Midsize Businesses Cannot Ignore,” the advisory noted that – according to Chubb’s claims data – 60% of all cyber events experienced by […]
Majority Are Underestimating Cyber Risk – CHUBB.
Despite the increasing frequency of cyberattacks, most people are largely unprepared and at risk should they or their family be targeted, according to a new study from Chubb. Most respondents (86%) to the 2018 Chubb Cyber Risk Survey said they were concerned about cyber incidents. However, the study found that most were either underestimating or completely […]
MEDIA & ENTERTAINMENT INDUSTRY NOT READY FOR CYBER RISK
More than half of media and entertainment firms experienced three or more cyberattacks over a 12-month period, according to a new survey from specialist insurer Hiscox. “Media and entertainment firms are uniquely vulnerable to cyber crime,” Hiscox said in a news release. “High-profile products and complex production processes, coupled with the media and entertainment industry’s […]
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