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 […]
Jetstar/Virgin Drop ‘Opt-Out’ Travel Insurance
Virgin Australia and Jetstar have stopped the pre-selection of travel insurance on their websites in moves welcomed by the Australian Competition & Consumer Commission (ACCC). Customers will now only be able to opt-in for travel insurance if they wish to purchase it. Read more here. Source: Insurance Business Online
Underinsurance Continues to be a Problem
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 […]
Red Cross Data Breach
In late 2016, the Australian Red Cross Blood Service made headlines for all the wrong reasons after it emerged that the personal information of more than half a million blood donors had somehow found its way onto a publicly-facing website. It was discovered that a file containing donor information, including names, gender, addresses, blood type, and phone […]
Why Hospitality is a Target for Cybercrime
If you are in the hospitality industry and you’re not concerned about network and security privacy (NSP) risk, you probably should be. Cybercrime is on the rise. The cost to Australian businesses alone is estimated at $4.5 billion each year The hospitality industry is particularly vulnerable to NSP risk for a number of reasons, including […]
Climate Change Risks
The impact of climate change is being felt in more ways than ever, according to one industry expert. Geoffrey Au, APAC chief risk officer for Zurich, said Asia Pacific is among the most vulnerable regions to the effects of climate change.“Climate change is exacerbating more risks than ever before in terms of water crises, food shortages, […]
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 […]
How to Choose Home & Contents Insurance
Home insurance (sometimes called building insurance) covers the cost of rebuilding or repairing the home you own. Contents insurance covers the cost of loss or damage to your possessions, which can include things like furniture, clothes, computers, fridges, electrical equipment, tools, and jewellery. Protecting your home and possessions against damage or loss is really important. […]
Cybersecurity: What’s In Store for 2017?
Donald Trump’s administration seems to be the biggest concern. There is much uncertainty surrounding the security industry for 2017, and according to experts in the field, a lot of the trepidation is directly connected to what the nation’s next president will do. Click here to find out what security vendors and analysts are predicting for the year ahead. Source: […]
Latest Articles
Cybersecurity Rules Tighten: Is Your Board Prepared?
In an era where cyberattacks can bring even the biggest companies to their knees, the ...
Brian Cox, black holes and… insurance
From cyberattacks in outer space, to solving geopolitical risk, the presenter addressed it all. If ...
Happy New Year
The team at Austbrokers Terrace look forward to welcoming you again in 2025. Wishing you ...
Seasons Greeting to All
With best wishes to you and your families for the festive season from the team ...
Do You Know the 7 Key Risks of Owning an Electric Vehicle?
Sales of electric vehicles (EVs) in Australia have reached a milestone – for the first ...
What are the top cyber security threats for businesses?
This Cyber Security Awareness Month, BDO takes a look at the threats faced by businesses ...
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 ...
Insurance headaches: Eight tips to minimise the risk of a claim denial
It’s every business owner’s nightmare—an unforeseen incident occurs, stress is up, you file an insurance ...
Disaster Plans Every Australian SMB Should Have Ready Now
More than two thirds of Australians live in a local government area impacted by one ...
DISCLAIMER
This web site is designed primarily for use by Australian residents. Therefore, some products referred to in this site may be inappropriate for overseas residents. Please contact us via e-mail or phone to discuss your needs should you not be an Australian resident.
The information on this site is for general information purposes only and you should first seek advice from us to determine which products and services are most appropriate for your needs. We take our responsibilities to you seriously, and will work closely with you to customise your program to suit your needs.