Will global Meltdown and Spectre security flaws impact cyber insurance?

Will global Meltdown and Spectre security flaws impact cyber insurance?

What are Meltdown and Spectre? In early January, two techniques dubbed Meltdown and Spectre were revealed that could enable hackers to compromise crucial data such as passwords and encryption keys, from vulnerable computers. These include mobile devices and servers running on cloud computing networks. Meltdown flaw Meltdown affects nearly every microprocessor made by Intel, which...
What is strata insurance?

What is strata insurance?

Residential strata insurance (known as body corporate cover in some states) is general insurance that covers common property under the management of a strata title or body corporate entity. Owners of strata titles typically share the premium costs of strata insurance as part of their strata fees and liabilities. Holding strata insurance is mandatory under each state’s relevant strata...
Liability and indemnity insurance protects your business against legal claims

Liability and indemnity insurance protects your business against legal claims

Why indemnity and liability insurance are important If you own a business, you may become liable for damages to another property or person caused by your business.  You could also face claims of negligence or breach of duty in providing a professional service or advice. The threat of potential claims and litigation is very...