Company directors issued with a cyber alert

  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 90%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

A panel of experts from the law, forensic accounting, insurance and government have rung the alarm bells about inadequate cyber risk management in Australian business.

While corporate Australia was digesting a flood of results on one of the busiest days of the current profit reporting season, a panel of experts in Sydney was dissecting the complex array of legal, technical and human behavioural issues surrounding cybersecurity risk management.

He says research conducted by McGrathNicol had found that about 35 per cent of Australian business had been hit by a ransomware attack and 83 per cent had paid a ransom.and the estimated average coverage was about $1.54 million.He says the survey found the average amount a business was willing to pay was about $690,000. But the actual amount paid is closer to $1 million, and he knows of at least one payment exceeding $10 million.

“Even more broadly than that, the directors as a board have a duty to act in the best interests of the company,” she says. Pausey says it is estimated that only about 50 to 60 per cent of corporate Australia has cyber insurance, which he finds strange given the protection it affords at a time of rising incidents of attacks.

“We are starting to see the blurred lines between what state actors and cybercrime groups.” she says.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 2. in BE
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Scott Morrison registers private company and appoints himself directorIn early August the former prime minister registered Triginta, ‘30’ in Latin, a private company whose sole shareholder was himself And appoints himself as multiple directors? Well, I doubt that Scott Morrison will be a political lobbyist. Which politicians would listen to him? Lol, can’t he get the social media nancies squealing.
La source: GuardianAus - 🏆 1. / 98 Lire la suite »

Users of Zoom on Macs told to update app as company issues security fixSecurity flaw had meant hackers could bypass protection and convince installer of app to load and run malware
La source: GuardianAus - 🏆 1. / 98 Lire la suite »