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Cyber risk

POSTED BY in Blog, Cyber risk, Financial Risk, Safety - TAGS , , , ,

The new cyber security threat targeting CEOs and costing businesses billions

Criminals are getting more sophisticated in the tactics they’re utilising to defraud businesses. A scam where criminals impersonate the email accounts of Chief Executives was announced to have cost global businesses more than $US2 billion in little over two years according to the FBI. Recently, a client of ours was also caught out by this attack which cost them around…

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POSTED BY in Blog, Cyber risk

Are your cyber risk management practices evolving with the digital world?

A common misconception amongst Australian Food and Beverage businesses, who don’t consider themselves to be online organisations, is that they are immune to cyber-attacks. However, the 2014 Trustwave Global Security Report found that 18% of all cyber-attacks in 2013 involved Food and Beverage companies, second only to retail merchants (at 35%). Our digital business landscape is rapidly changing. The vast…

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