Phishing scams have increased dramatically as COVID-19 has forced large numbers of Australians to work from home.
According to cybersecurity specialists, the rapid transition into home offices, with fewer security controls in place, has increased the risk of cyber-crime.
To safeguard staff and business from the threat of online fraud or attacks, management needs to take action. While cyber insurance is vital, it is only one part of a complete risk management strategy against cyber-crime.
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Businesses that don’t review their insurance cover annually when they make internal changes risk being underinsured and out of pocket when it comes time to claim.
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