News about cyberattacks continues dominate the headlines in our world today. We can only shake our heads in disbelief as we read yet another headline about big names like eBay, Marriot International, Federal Parliament and Channel Nine falling victim to data breaches...
In a joint study with Cambridge University, Lloyd's insurance company has found that out of 301 global cities, Sydney ranks 12th in terms cyber-attack exposure with $4.86 billion of economic growth at risk. ‘Cyber attack’ is a term that is frequently...
With probably the biggest extortion attack ever recorded in May 2017, ‘Wannacry ransomware attack’ has highlighted the need for business owners to be vigilant when it comes to cyber protection. This self-replicating virus was able to enter company networks...
Nowadays, there is a considerable need for business owners to protect their data against cyber-attacks as best as they can. Not only are their privacy regulations that may apply, a breach can be extremely costly. Apart from purchasing cyber insurance, these...
A stand alone cyber insurance policy is far more comprehensive than an extension of cover offered under another policy which is commonly available under management liability or professional indemnity insurance. It covers a broad range of cyber risks and is designed to...
Cyber Risk Insurance is something that both big and small companies must consider. It's designed to protect first party and third party cyber exposures that arise when a company's data and/or customer information is breached or stolen. The success of most...