List News Articles

Have I been hacked? Even the most effective anti-malware programs don’t protect against all the different threats to our systems. It’s hardly surprising. According to AVTest, an independent IT security organisation that tracks these things, over 390,000 new malicious programs are introduced every day.  Though you follow all the best security advice, such as keeping software up-to-date, using firewalls, limiting internet usage, and applying strict password rules, the risk of infection remains.  What might alert you to the possibility of an intrusion?

Credit and debit card surcharges will soon be subject to limits under new laws that aim to prevent merchants charging excessive fees when accepting card payments. 

Risks and roles will change as professionals experience upheaval equivalent to the Industrial Revolution, QBE Insurance Australia Head of Professional Lines Jill Stewart says. The health, accounting, legal, education and property sectors are among those affected by technological change, while new roles and ways of working are also emerging, she told the Australian Professional Indemnity Group conference in Sydney last week.

The insurance sector must be better prepared for a climate-induced financial crisis hitting the global economy, economist and former politician John Hewson says. “I would suggest to you that one of the biggest challenges for the insurance industry is climate risk and managing that climate risk properly,” he told the Australian Professional Indemnity Group conference in Sydney last week. “I think the industry as a whole is pretty much unprepared for the consequences of what could happen very quickly.”

The Australian Government has announced the launch of a new cyber intelligence unit in a bid to curb financial fraud and terrorism.   The new cyber intelligence unit has been launched by Australia’s primary financial intelligence agency, AUSTRAC, and will be dedicated to identifying online terrorism financing activity, money laundering and financial fraud.   Minister for Justice, Michal Keenan, said that the global and national threat for cyber crime continues to rise.

CMIB Insurance Services is a financial supporter of the Cure for MND Foundation and the DANIHER DRIVE in particular. The DANIHER DRIVE is a four-day road-trip extravaganza organised for the purpose of raising much needed awareness and funds to find a cure for Motor Neurone Disease (MND). As the name suggests, ‘DANIHER’S DRIVE’ is the brainchild of legendary AFL player and coach, Neale Daniher.

Would your business survive if it was damaged by a severe weather event, fire, flood or the cessation of a key supplier? How would you cover the cost of revenue and profits lost while you rebuild?

Temperatures in parts of Victoria and NSW hit record levels this month and modelling suggests the above-average warmth will extend into next month, according to the Bureau of Meteorology. “The April outlook suggests warmer-than-average days and nights over northern Australia and parts of the southern coastline,” Senior Climatologist Catherine Ganter told insuranceNEWS.com.au.

Endeavour Energy has settled a class action led by IAG over a 2013 bushfire in the Blue Mountains. The suit, which was filed by William Roberts Lawyers, acting for IAG, was settled for $4 million.

It’s not uncommon for staff to take home a company laptop and connect it to their domestic network. That network may be protected by a firewall but internally it is still vulnerable. For example, other devices may be connected, such as family members’ PCs and smartphones, as well as smart TVs, DVD recorders, child monitors, CCTV systems, and even fridges. All of these are capable of being hacked.