FBI warns businesses of malicious attacks
Following the cyber attack on Sony Pictures last week, which continues to cause the company considerable issues, the FBI is warning businesses to be vigilant. The bureau issued a ‘flash’ warning late last night saying that malicious software has been used against US companies and the 15-page document gives additional details of the attack to assist IT security staff. The report says that the malware being used has the capability to shut down entire computer networks and recovery of data would be costly, assuming it is even possible.
Brisbane claims now exceed AU$300 million
The cost of losses from last week’s hailstorm in Brisbane has now passed the AU$300 million (US $255 million) according the Insurance Council of Australia. Almost 60,000 claims have been made but the ICA says insurers are working to ensure that they are settled quickly. The majority of claims have been for damage to motor vehicles, including a high number of windscreens smashed by tennis ball-sized hailstones.
Florida’s insurance industry benefits from hurricane-free season
The Atlantic hurricane season has once again been a quiet one for Florida’s insurance industry. It’s the ninth year in a row that the six-month season has been hurricane free and it’s meant that the industry has been able to recover from the devastating storms that ripped through the state ten years ago. Sam Miller of the Florida Insurance Council has told news-press.com that the industry has been able to build up financial reserves and should be well placed to cope when a big hurricane inevitably hits. Some of the surcharges that have added to the insurance costs of all citizens and businesses in the state are due to end next year as the private sector takes on more of the (albeit lower) risk from state funds.
Canadian insurance association launches new campaign
Insurance Bureau of Canada is warning motorists about the property and identity theft that can occur when a vehicle is left unlocked and valuables are in view. IBC with its law-enforcement, crime-prevention and commercial partners have launched Lock It OR Lose It, a crime-prevention campaign to encourage drivers to protect their vehicle and its contents from theft during the holiday season and throughout the year. For businesses it’s a good time to remind staff of the importance of not leaving valuables in vehicles. With many employees now carrying more technology for their work; such as laptops, tablets and smartphones; and with that technology allowing greater access to business systems and data, the risk is higher than ever.
