Cybersecurity

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Cybersecurity checklist for remote working businesses

While remote work offers flexibility and new opportunities, it also presents cybersecurity challenges. As more organisations adopt remote and hybrid working practices, there’s an increase in access to sensitive data from various locations. This has caused targeted attacks to rise, often exploiting human emotions through

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Banks allowed to collaborate to combat growing cyberscams

The Australian Banking Association Ltd (ABA) and its member banks will be able to participate in discussions to develop an industry standard to prevent, detect, and disrupt scams affecting individual and small business customers, following a conditional ACCC interim authorisation. “A coordinated response across government,

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New scams targeting customers of loyalty points programs

A new scam targeting customers of loyalty points programs with large, well-known Australian companies has been detected by the National Anti-Scam Centre. The National Anti-Scam Centre is warning consumers about a new text message scam currently targeting Qantas Frequent Flyer, Telstra and Coles loyalty programs’

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Is your SME vulnerable to cybercrime? 5 Tips to protect it

Recent high-profile cyber attacks in Australia have involved major companies, government utilities, and critical infrastructure. Cybercriminals constantly employ new technologies to help them exploit network and system vulnerabilities, taking advantage of the shortage of cybersecurity professionals and inefficient IT practices. Often these attacks are used to extort payments

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6% of all cyberscams in Australia: Barbie scams stealing personal data

Amidst the peak of the Barbie movie craze, researchers from online protection company, McAfee have discovered a slew of new online scams as cybercriminals look to cash in on the summer blockbuster. Following a record-breaking opening weekend, McAfee is encouraging caution as consumers search Barbie-related Items online and may be

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How to be cybersafe when running your own business

In a typical month, New Zealand’s National Cyber Security Centre (NCSC) receives an average of 22 incident reports and requests for help. During the 2021-22 financial year, the Australian Cyber Security Centre (ACSC) received over 76,000 reports of cyber crime, which equates to one report every seven minutes.

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95% Increase in one year: small business scam losses

The latest data reveals that Australian small businesses lost almost $13.7 million to scams in 2022, an increase of 95 per cent compared to 2021, according to the Australian Competition and Consumer Commission (ACCC). The largest contributor to these losses were payment redirection scams, also

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Should Australia make banks pay for scam losses?

British banks will soon be required to reimburse customers who fall victim to authorised push payment fraud – where a scammer convinces you to authorise a payment, generally by masquerading as a legitimate business or person. The new rules from the UK’s Payment Systems Regulator are intended

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Over a third of Aussie employees would fall for a cyber scam

KnowBe4, the provider of the world’s largest security awareness training and simulated phishing platform, today released the new 2023 Phishing by Industry Benchmarking Report for Australia and New Zealand to measure an organisation’s Phish-proneTM Percentage (PPP), which indicates how many of their employees are likely to fall for a phishing

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