Risk Management

Managing Cyber Risks

Cyber Risks are an increasing area of concern for Businesses and gradually Insurers are putting together policies that will suit this area. Although not a complete solution is offered from Insurers, you can now obtain specific cover on Cyber Risks, additional sections to a Management Liability policy with some insurers and also Multi-media Liability policies.

However, prevention is better than cure and this section aims to provide tips and advice about controlling and reducing your risks.

Targeted cyber intrusions are the biggest threat to Australia’s ICT systems (Department of Defence, 2012). Intruders are looking for information on business dealings, intellectual property and scientific data.

The Defence Signals Directorate (DSD) has developed a list of strategies to control and diminish targeted cyber threats. The strategies are based on analysis of incidents across the Commonwealth Government, and provide one of the best guides for small business owners to avoid intrusions.

The key message of the list is that at least 85% of targeted cyber intrusions that the DSD responds to could be prevented by following the top mitigation strategies:

  • Catchmalicious software using a whitelist.
  • Patchyour operating systems and your applications.
  • Matchthe right people with the right privileges.

For more information about how to mitigate cyber threat in your business, visit the Department of Defencewebsite 

Click on the following links for more information.

Read about it here

Advisen's Cyber Liability Journal Q2 2012

2012 the year of the Cyber Attack

Perils of the Digital World

Hacking

Cyber risks - the new frontier here

Even the US Defence Systems are vulnerable to hacking - Cyber Security

 US Companies keeping Cyber Security Breaches secret

Best Passwords for being Hacked for 2011

Sony's Cyber Attack and the Privacy Act

Online Shopping Delivers greater Retailer Risk

Hackers Publish Turnbull's Credit Card Details

Zappos Says Customer Database Hacked

Just how serious was the Zappos Breach?

2012 will be even greater for Cyber Risks

Cyber Risks Insurance expected to Boom

Polish Government Websites Attacked

 

Latest News

Robert Cooper - one of 100 faces of small business

This week it was announced as part of Small Business Week,  that Robert has been named one of the 100 faces of small business for a State Government promotion on the great value that small businesses play in the State of Queensland.

You can see Robert's entry here:

It is the third accolade for CPR Insurance Services in a month and after seven and a half years in business is a real pep up for the company.

For Robert, it is the culmination of many years experience, becoming well qualified, experiencing the highs and lows of a career and always wanting to contribute to his community. Sometimes, these things just come together and you receive recognition for your efforts.

Robert says that there is no doubt that starting your own business is a huge challenge, but with the right research and planning, the right people around you and a good set of values that you apply to the vision of the company, you have a very good chance of making it all succeed.

Robert says he is lucky. He has a strong supportive Wife, Mandy, who is also part of the business, along with efficient and hard working staff such as Julia McLauchlan and Aidan Harmer who are building up their own skills in a learning environment. 

However, the most important and most supportive people for CPR Insurance Services are our clients who have stuck by us and supported us over the past seven years. Our focus remains on providing the best possible service we can and always acting in their best interests. To all our clients, we say thank you!

read more

CPR Insurance wins Brokerage of the year

CPR Insurance Services picked up the award for the Best Brokerage (1-5 staff) in Australia, last Friday Night (4th May 2018) at the Insurance Business Magazine Awards held at the Westin in Sydney.

Judging came from various parts of the industry. It is a great honour to be recognised for our hard work and particular Business values we follow. A full list of winners is listed here.

Success comes from having great staff, and we thank Aidan Harmer and Julia McLauchlan as important support staff for helping us win such an award.

CPR Insurance has been in operation for more than 7 years now and is only successful because of the wonderful support from our staff, insurers and most importantly, our fantastic clients who put their faith and trust into our company to be their Risk Advisers and Brokers. 

Thank you to all.

read more