Contact us

1300 GOCYBER (1300 462 923)

Call or email us today!

Contact details:

Message:

Your message has been sent successfully. Close this notice.

Cyber Insurance Quote Form

Limit of Liability

Company Details

Do you process, transmit or store more than 10,000 financial transactions per year?

Yes No, less than 10,000

Do you use and keep up to date firewalls and anti-virus protection for all systems?

Yes No

Do you use third parties to complete audits of your system and security on a regular basis?

Yes NO

Are all portable devices password protected? (mobile phones, laptops, tablets, etc)

Yes No

Do you have encryption requirements for all data including portable media?

Yes No

Do you have back-up and recovery procedures for business critical systems, data and info assets?

Yes No

Do you outsource any part of your network, including storage?

Yes, we use third party providers. No, all managed in house

Do you store sensitive information on web servers?

Yes No

Do you know of any loss payments, fines or penalties being made on your behalf?

Yes No

Are you aware of any matter which might give rise to a claim or loss under such insurance?

Yes No

Have you suffered any loss or claim but not limited to a regulatory, governmental or administrative action brought against you, or any investigation or information request concerning any handling of personal info?

Yes No

The applicant or any subsidiaries have any knowledge of any loss payments, fines or penalties being made on behalf of any applicant or any person proposed for coverage any cyber policy or similar insurance?

Yes No
Your quote request has been sent successfully, one of our brokers will contact you today! Close this notice.

Business Insurance Quote

Contact details:

Sections

Property & Contents

Yes, please quote No, thank you

Public & Products Liability

Yes, please quote No, thank you

Cyber Liability

Yes, please quote No, thank you

Theft & Money

Yes, please quote No, thank you

Computers & electronic equipment

Yes, please quote No, thank you

Business Interruption

Yes, please quote No, thank you

Machinery Breakdown

Yes, please quote No, thank you
Your quote request has been sent successfully, one of our brokers will contact you today! Close this notice.
5 years ago · by · 0 comments

“Massive” cyber security breach for ThyssenKrupp

Trade secrets stolen in cyber attack on ThyssenKrupp AG

One of the world’s largest engineering firms ThyssenKrupp  has released a cyber security statement. The release indicates they have been the victims of “organised, highly professional hacker activities” earlier in 2016.

The corporation consists of 670 companies worldwide. While ThyssenKrupp is one of the world’s largest steel producers, the company also provides components and systems for the automotive industry, elevators, escalators, material trading and industrial services. As of a 2009 reorganization, it is structured into eight business areas that fall under two major divisions, Materials and Technologies

“The incident is not attributable to security deficiencies at Thyssenkrupp. Human error can also be ruled out. Experts say that in the complex IT landscapes of large companies, it is currently virtually impossible to provide viable protection against organized, highly professional hacking attacks. Early detection and timely countermeasures are crucial in such situations. Thyssenkrupp has been successful in both respects” stated Robin Zimmermann, head of external communications.

The breach which was discovered in April 2016 after a series of additional breaches were discovered by the company’s internal security. The original breach was traced back to February 2016 and was caused by hackers located in southeast Asia.

Trade secrets and project data have been stolen from the plant engineering division. Other areas are still yet to be fully investigated in what is now the second major cyber breach since 2012 for the engineering giant. In 2012 TKAG and Airbus parent company EADS had also been targeted by Chinese hackers. In September 2015 China and the U.S.  agreed not to target each other for cybertheft of intellectual property. This is a major step in the right direction and indicates their compliance with these tactics towards other targets.

 

Cyber Insurance Australia Logo

Insure your business against cyber crime.

“It is important not to let the intruder know that he has been discovered,” a spokesman said. The news of the breach was not publicly announced until the company had cleansed the infected systems in one global action and implemented new security measures to monitor its computer network.

Within its marine systems unit, which produces military submarines and warships no breaches have been found.

Sources: REUTERS , IT News, ThyssenKrupp,

Comments

Not found any comments yet.

Leave a reply

Your email address will not be published, and your website url is not required.

Take care of your business

Insurance for
your business future

Call us today for specialist business insurance packages.

Company information

Naga Risk Solutions Pty Ltd T/as Cyber Insurance Australia ABN 59 378 032 992. CAR 1250594

Authorised Representative for National Advisor Services Pty Ltd t/as Community Broker Network (CBN) ABN 60 096 916 184 | AFSL 233750

Financial Services Guide (FSG), Privacy Policy & Complaints & Dispute Handling, Insurance Brokers Code of Practice (FSG)

Contact details

E-mail address:
contact@cyberinsuranceaustralia.com.au

1300 GOCYBER

1300 462 923

Available 8:30am - 5:00pm

PO Box 1677, Milton LPO
Milton
Brisbane, QLD 4064

Join our monthly newsletter for:

Enter your email and stay up to date,

Subscribe to our monthly newsletter!