Business Briefs


A survey conducted by Lloyd's showed 75 per cent of companies have no e-commerce insurance cover against damage caused by computer hackers and viruses. Of the 161 business risk managers and insurance professionals surveyed, half have had businesses affected by computer viruses and 12 per cent have experienced problems with hacking, Lloyd's said. signs with CSCAMP has a $550 million deal with California-based Computer Sciences Corporation to manage AMP's information technology systems. to move into ASP marketCable & Wireless Optus announced on June 7, 2000 that it had reached a deal with its parent and two computing companies. The deal with Cable & Wireless PLC, Microsoft and Compaq Computer will let Optus offer Australian companies the right to rent rather than buy popular software programs. E-solutions director David Stokes-McKeon predicted that up to 25 per cent of Australian businesses would take advantage of application service provider programs, as they discovered the advantages and flexibility of renting software rather than buying.

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