JBS Foods, the world’s largest meat processing company, has just agreed to pay a $14.2 million ransom to a Russian-speaking criminal ransomware gang, REvil. According to ABC News, the five-day cyber hack resulted in the company temporarily having to halt some of its operations in the US, Canada … [Read more...] about JBS Pays $11.4 Million Ransom to Resolve Cyber Attack
Reputation is paramount in the food and beverage industry. In a fast-moving, highly competitive, highly regulated, social-media-centric market, food and beverage companies are continually required to jump through hoops in order to establish trust and reliability with their customers. Further, the … [Read more...] about Product Recall Insurance Now More Accessible for Food Manufacturing Businesses
There’s no doubt that the COVID-19 pandemic has caused (and continues to cause) a lot of damage to businesses Australia-wide. As such, many organisations that have Business Interruption Insurance policies have asked the valid question if they could make a claim. Insurance companies argue they do … [Read more...] about COVID-19 Business Interruption Update: Clarity “Not Expected This Year”
https://www.youtube.com/watch?v=crW_C1P5rec&feature=youtu.be La Niña has been declared and far North Queensland is bracing itself for an increased risk of tropical cyclones. Named after the Spanish term ‘little girl’, the last La Niña event occurred from 2010-2012 and resulted in one of … [Read more...] about La Niña 2020: Insurance for Cyclones & Wet Weather Events Before It’s Too Late. Don’t be left uninsured!
Are you a mining contractor supplying services and products to the Australian mining industry? Then you will need to make sure you have the right business insurance protection in place. The mining industry in Australia provides abundant opportunities for Australian businesses to supply valuable … [Read more...] about Mining Contractors – Do You have the Right Insurances in Place?