One of the biggest and most costly mistakes that Australian business owners can make when arranging their business insurance is underinsurance. What Is Underinsurance? Underinsurance may occur when you fail to obtain an adequate level of business insurance to match the true value of your business assets. Research has shown that... read more →

As we have discussed in previous blog posts, technology is constantly under the threat of new attacks orchestrated by dedicated cyber criminals. The latest threat to be discovered is named Shellshock with experts tipping this bug to be more damaging than the recent Heartbleed Bug. Shellshock Bug Explained This is a... read more →

As the threat of cyber crime increases, tech giants are constantly faced with the task of developing new methods to ensure our devices remain secure. With the introduction of the iPhone 5S, Apple introduced 'Touch ID' which was touted as a step up from the passcode lock, requiring the fingerprint... read more →

Last week, a list of almost 5 million Gmail addresses and passwords were leaked online via a Russian Bitcoin forum. Users were of course initially alarmed however according to Google, the danger has been greatly exaggerated. In what is know as a 'credential dump', explained by Google as the posting... read more →

Stop! Don't Sign That Contract Just Yet If you are a business owner, signing contracts is part and parcel of the daily running of your business. Whether it be contracts for firms providing goods or services for your business, or your business providing goods and services for another firm, it is not... read more →

What Has Happened? In what is undoubtedly the largest known data breach to occur, a Russian cyber crime ring has stolen over a billion personal credentials including usernames, passwords and email addresses from internet users. Milwaukee based information security firm, Hold Security, detected the records had been stolen from approximately 420,000... read more →

In one of our previous blog posts, we explored the importance of having a well implemented Business Continuity Plan to adequately deal with any disruption to the daily activities of your business. Having an effective business continuity plan assists businesses in being able to anticipate, prevent and prepare for any... read more →

On Friday the 18th of July 2014, Catch of the Day made the startling announcement that in early 2011 they were targeted by a cyber intrusion. Catch of the Day, which also owns popular websites Scoopon, GroceryRun, EatNow and MumGo informed their customers on Friday of the data breach which compromised... read more →

In the past week, it was revealed that Cupid Media Pty Ltd had become yet another victim to a cyber attack, with hackers gaining access to the personal information of approximately 254,000 Australian users. Cupid Media operates over 35 dating websites, relying heavily on personal information such as name, email... read more →

Webber Insurance Services is pleased to announce Daniel Webber has joined the management team as Director. Daniel has an extensive background in the insurance industry, currently providing insurance advice for clients as well as now playing an active role in the management of the company. We wanted to know a... read more →

More than 100 million customers were affected when Target, one of America's largest retailers, became a victim of data breach late last year. Malicious software installed on Target's point-of-sale devices by cyber attackers stole the financial and personal information of its customers during the often frantic 'Black Friday' sales. Target's... read more →

In life, it's not always smooth sailing. The very same can be said for business. So what happens to your business if your premises are damaged by flooding or fire, or you experience a computer network failure? Are you able to continue to service your clients with as little disruption as possible?... read more →

In many countries around the world, the risks associated with Asbestos exposure are widely known. There have been a significant number of claims in recent years associated with asbestos exposure, notably in the media you can recall manufacturing company James Hardie providing millions of dollars' worth of compensation to victims... read more →

In our hyper-connected society, we can only assume our dependence upon technology will grow in the future. Most of us now carry a smart phone as well as owning a computer or tablet, each containing sensitive pieces of our personal information such as credit card details, usernames and passwords. As... read more →

In Australia, many regulatory government bodies have become increasingly stringent regarding Occupational Health & Safety within the workplace. As a result, it has become extremely important for businesses to ensure they not only have the correct policies and procedures in place to ensure the safety of their employees, but to... read more →

In June of 2011, web hosting provider Distribute.IT suffered one of the most malicious cyber-attacks to occur in Australia. The hackers launched a highly sophisticated and coordinated attack on the Distribute.IT servers. The hackers compromised the data, websites and emails stored on four of their servers, as well as destroying... read more →

In Australia, new amendments to the Fair Work Act 2009 that came into effect from January 1, 2014 have substantially changed the way the claims of harassment and bullying are investigated and managed within the workplace. The Fair Work Commission (FWC) is vested with the power to deal with bullying and... read more →

Businesses are becoming increasingly prone to cyber crimes and therefore, the need for ensuring adequate protection through cyber insurance is gaining a great deal of importance. After the federal Privacy Act came into effect on March 12, 2014, businesses are realising that it is more important than ever before to... read more →

In this virtual world where more and more businesses are using the internet to conduct their activities, the prevalence of cyber crime is becoming an increasing threat.  It is therefore important for brokers to ensure that their clients are adequately protected with cyber insurance to prepare for these potential risks. As... read more →