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This is a story of how a medical professional on the South Coast of NSW got hacked for almost $100,000.
Part of what drives us at Cyber Heroes is understanding the personal impact that attacks such as this have on the victims.
$100,000 would be enough of a loss for many small businesses to close their doors forever. But in this example, the business owner's cyber insurance paid out the majority of the loss so the monetary loss was closer to $10,000.
But no insurance policy in the world can undo the harm to a reputation, a loss of trust by the business's clients, and, sadly, the all to common sense of embarrassment for the business owner.
The modern-day cybercriminal is usually well-funded, well organised, and highly skilled at what they do.
Watch this now to learn an important lesson that none of us were born knowing.
On The Cyber Heroes Podcast, we talk about how to protect your people and reputation, strengthen your cyber posture, create a culture of cyber savviness, and the many cybercrime lessons being learned around the world every day.
We tell these stories because statistics show that most people on the planet will, at some stage, become a victim of cybercrime and we don’t want you to one one of them.
If you like what you hear, feel free to share this episode and help us expand the world's community of Cyber Heroes.
This is a story of how a medical professional on the South Coast of NSW got hacked for almost $100,000.
Part of what drives us at Cyber Heroes is understanding the personal impact that attacks such as this have on the victims.
$100,000 would be enough of a loss for many small businesses to close their doors forever. But in this example, the business owner's cyber insurance paid out the majority of the loss so the monetary loss was closer to $10,000.
But no insurance policy in the world can undo the harm to a reputation, a loss of trust by the business's clients, and, sadly, the all to common sense of embarrassment for the business owner.
The modern-day cybercriminal is usually well-funded, well organised, and highly skilled at what they do.
Watch this now to learn an important lesson that none of us were born knowing.
On The Cyber Heroes Podcast, we talk about how to protect your people and reputation, strengthen your cyber posture, create a culture of cyber savviness, and the many cybercrime lessons being learned around the world every day.
We tell these stories because statistics show that most people on the planet will, at some stage, become a victim of cybercrime and we don’t want you to one one of them.
If you like what you hear, feel free to share this episode and help us expand the world's community of Cyber Heroes.