Business growth requires a solid foundation and a solid foundation is built on powerful risk-management. The message is simple. As a rule of thumb, when you cut your risk, you cut your losses and maximise profits. Failing to minimise risk, or failure to establish a risk management plan, is like ‘setting out to sea in […]

Australian businesses must realise that they need to adapt faster than ever, now that cybersecurity is ranked on par with other national security concerns, says RSM Australia. The country’s new data breach notification laws now indicate there is a compelling message for businesses, which must now ensure their business systems and client data are secure […]

Most people dread having to make a call to their health insurance provider or their car insurance agent. For small business owners, navigating the realm of business insurance can be even more daunting–but it doesn’t have to be. Armed with some basic information, you can confidently make the best insurance choices for your small business […]

Macquarie’s guide to protecting against the latest craze in cybercrime It starts innocuously enough. You receive an email from a colleague; just the regular kind of short message they’re always sending and a link to an article they thought you’d like. But when you click on it, your troubles start. It’s not The Australian or […]

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 […]

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 […]

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 […]

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 […]