Why Cyber Insurance is More Necessary than Ever?

As use of the internet continues to grow, so too does the threat of cyber attacks.

According to Symantec Norton, current trends indicate cyber crooks will steal 33 billion records in 2023. The Reserve Bank of Australia says the risk of attacks for Australian households and businesses is growing, and could threaten our country’s […]

Association Liability Insurance Explained

In the same way that a business might require insurance cover for key workers against legal liability that may arise in their work activities, so too might a not-for-profit organisation. This where Association Liability insurance comes in.

Association Liability provides financial protection for key personnel in not-for-profits, sporting and industry associations, and other similar […]

5 Tips for Creating a Successful Online Business

An online business operates along the same principles as any other. It starts with understanding your target market, defining the solutions you can offer them, knowing your competitors, mapping out a clear plan and setting goals.

In addition, there are a few things that are particularly important for online-only businesses. Here are five of […]

Social Engineering Scams and How to Guard Against Them

Social engineering is the art of tricking people into offering up private and sensitive information. Once scammers have personal information, they can steal identities, use passwords, and even empty bank accounts.

Social engineers work by playing on human weaknesses – such as trust, greed, compassion, curiosity or fear. Scams will often come in the […]

Tips for Protecting Your Business from Ransomware

Ransomware is malicious software that hijacks your system or data until you pay a ransom to online attackers to get it back.

Symantec estimates that attackers can make $5 million or more a year through ransomware. This is because some business owners prefer to pay what might seem a relatively small fee to get […]

Business Fleeced $76,000 in Cyber Crime Hack

Have you thought about what could happen if someone was able to change the banking details of suppliers on your accounting system?

This is exactly what happened in a Queensland franchise late last year. Cyber crooks were able to infiltrate the accounting program of a branch of Totally Workwear, and change the BSB and account […]

Why Every Business Needs to Practice Fraud Prevention

All businesses are vulnerable to fraud. Deceptive actions do not have to be big or newsworthy to be considered ‘fraud’ – it could be as simple as a staff member claiming for time not worked or non-existent expenses.

Fraud can be very costly to a business – not only financially, but also in terms of […]

Why Independent Businesses are not Immune to Cyber Crime?

Cyber crime costs the Australian economy $1 billion annually, and it’s not just big organisations that are affected. Statistics indicate that independent businesses are the target of 43% of all cyber crime in Australia.

Cyber attacks can be particularly devastating for an independent business. As much as 60% of independent businesses that suffer a […]