This Cyber Security Awareness Month, BDO takes a look at the threats faced by businesses from nation state actors to cyber criminals. New technology has given organisations greater data analytics, communication, and operational efficiency capabilities. However, it has also made threat actors, ranging from nation-state actors to cyber criminals, more sophisticated. As our world becomes […]
Today, as we remember the past, we look to the future
Not just today, but every day, we honour the brave men and women who have served and continue to serve in countries around the world
Insurance headaches: Eight tips to minimise the risk of a cl...
It’s every business owner’s nightmare—an unforeseen incident occurs, stress is up, you file an insurance claim, and instead of a quick resolution, you see those dreaded words: “claim denied”. According to the Insurance Council of Australia, 96% of claims are approved by insurers. So, what goes wrong with that remaining 4%? Understanding why claims get […]
Disaster Plans Every Australian SMB Should Have Ready Now
More than two thirds of Australians live in a local government area impacted by one or more natural disaster over a 12-month period, says KPMG. Chances are your business is among the 75% of Australian SMBs without a current business continuity plan. So, how can you be better prepared for natural disasters, including bushfires, floods, […]
Don’t Travel Without Insurance for Business or Leisure
As spring arrives, Australians are eager to embark on their travel adventures, both domestically and abroad; for business, leisure or both – often known as ‘bleisure’. According to the Australian Bureau of Statistics, Aussies made 12% more trips in May 2024, compared to the same time last year. While figures haven’t returned to pre-pandemic levels, […]
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 […]
Is Corporate Travel worth it for your SME?
Business travel is expected to remain strong in 2024, with research indicating a boost from sectors like manufacturing, healthcare, mining, oil and gas, professional services and construction. According to professional services firm, McKinsey, corporate travel is on track to reach 80% of pre-pandemic levels this year. So, if your company has employees travelling for work, […]
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