Cybersecurity

Losses to imposter bond investment scams have nearly tripled in the first half of this year with consumers losing over $20 million to these sophisticated scams. Imposter bond scams usually impersonate real financial companies or banks and claim to offer government/Treasury bonds or fixed term

Greed, desire, wishful thinking and naivety are lucrative markets for scam artists – and their age-old hustles are increasingly being supplemented by digital chicanery. In 2021 Australians lost an estimated $2 billion to fraudsters, more than double that of 2020, according to the Australian Competition

Whether you’re an individual who uses email for online banking and shopping, or a business relying on email to manage payments and invoicing, you should know about Business Email Compromise (BEC). BEC is a type of email scam in which an attacker targets a person

Cyber security firm Zirilio estimates that two-thirds of Australian businesses and large corporations are vulnerable. Zirilio chief marketing officer Lawrence Patrick warned that the use of default passwords specifically poses significant risks. He said that using a default password may seem like an easy option to remember,

Research conducted over a six-month period shows small businesses are at serious risk of having their data accessed by cybercriminals. Melbourne-based cyber security group Lacework has released the third volume of its Cloud Threat Report, a semi-annual accounting of the ongoing cyber security threats impacting the cloud.

According to research from the Internal Audit Foundation and Kroll, the raised risks will prompt a shift in the internal audit function, with the prospect of more investment in fraud risk management. Kroll’s Associate Managing Director Matthew Weitz said the pandemic acted as a catalyst

Firstly, small businesses are in the so-called ‘sweet spot’ of having more money in their bank account than the average consumer. They also move money around far more often than regular people, such as paying invoices, money transfers and payroll. In a recent article for internet