What will the Notifiable Data Breach (NDB) scheme mean for your business?

What will the Notifiable Data Breach (NDB) scheme mean for your business?

In late 2017 it was discovered that the multibillion dollar, international company ‘Uber’ was found to have clients data compromised – yet the business did not inform their customers of the breach, and just paid the hackers $120,000 to keep quiet. The Notifiable Data Breach (NDB) scheme came into effect on February 22 (2018)...
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...
Seven ways Business and Commercial Insurance protects businesses

Seven ways Business and Commercial Insurance protects businesses

Business owners and managers understand all too well that keeping a business safe, secure, profitable and protected from risk is anything but easy. A single law suit or catastrophic event may be powerful enough to wipe out a small business, before it has even had a chance to get off the ground. This is...
What is ransomware, and how can you defend your business?

What is ransomware, and how can you defend your business?

Australian businesses were recently hit by a devastating global ransomware attack. In late June this attack swept across computer systems in Europe and the US, before quickly affecting a range of local companies. Businesses hit by it include Cadbury and Qantas, and a range of courier companies and legal firms. Australia’s cyber security minister...
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