Small businesses caught in cybercrime warfare.

We have been expecting it and now the threat seems real that Australian small businesses may be caught up in cybercrime threats due to the war in Ukraine.

Now is the time to ramp up your cyber security – regardless of the size of your business. It is becoming increasingly apparent that it is no longer a case of if but when you may become a victim of cybercrime.

The Australian Cyber Security Centre recently issued an advisory urgently encouraging local organisations to boost their cyber security considering rising international tensions with Russia.

Small businesses should assess their preparedness for a cybercrime incident, and review their response and business continuity plans including cyber insurance.

Not only can a cyber breach cause major disruption to your business, but the costs also involved on your operations, reporting and reputation can be substantial which are covered under a cyber insurance policy.

With Cyber Shield you can be protected against the results of a cyber attack.

Small vs big business.

In many cases, smaller businesses are more desirable targets than big business.

Small businesses hold all the information that big business has, but often do not have the resources to invest in the best software and hardware to protect their data.

But small businesses still need to protect their client data and implement a strategy to reduce the impact if a cyber attack occurs.

Robust protection with Cyber Shield.

The fact is, cyber attacks are on the rise and are a constant threat. There is no fool-proof solution against cybercrime, and traditional insurance policies provide limited or no cover for cyber related attacks.

In the event of a cyber attack, Cyber Shield will provide comprehensive insurance cover for:

> Theft of data
> Extortion threats
> Loss of business income
> Restoration costs
> Security and privacy breaches
> Legal obligations
> Plus more!

Cyber Shield will not prevent a cyber attack however it should be seen as an additional layer to your security process.

We can easily provide you with a quick quote by clinking on the link below:

Our tips to ensure your network is secure against cyber attacks.

Insurance should be seen as an additional layer to your security process, not an alternative. Tips to help improve security:

  1. Make sure operating systems and security patches are up to date.
  2. Apply multi-factor authentication.
  3. Regularly backup and store those backups offline.
  4. Create complex passwords; always upload the Apple or Android security updates.
  5. Have a stand alone cyber insurance (Cyber Shield) policy.

Reporting a breach

Rather than trying to hide a breach, today most companies will come out and say something like:

We have experienced a ransomware attack. Here’s what we’re doing to contain it, remediate it, protect consumer information, and this is how we’re planning to strengthen our systems going forward to make sure it doesn’t happen again.

The best possible service when you contact us.

We operate in an industry built on positive relationships and experiences. This is always provided to you through communication and experienced support – from your first contact past your ten-year anniversary.

When you contact us your email isn’t going into cyber-space, never to be seen or heard from again.  At Accountancy Insurance, we pride ourselves on exceptional customer service – and when you contact us, that’s exactly what you’ll get!