Fake myGov Tax Refund Email Scam
What’s happened? It’s tax time and the common scam email informing that you’re eligible for a tax refund is doing the rounds again! Scammers have long used the promise of a tax refund to trick people into sharing their personal information or to download malware. The email, which has the […]
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Medicare Email Scam Alert
What’s happened? Scammers have set up a clone of the myGov website to trick you into sharing your login and bank account details. The scam starts with a phishing email that looks like it is from Medicare, asking you to update your Electronic Funds Transfer (EFT) details, so you can start receiving […]
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Why your business needs cyber insurance
This article is brought to you by Steadfast. Many SME owners believe that they don’t have to worry too much about cyber crime. After all, why would Internet villains bother with small fry when they could go after heavy hitters such as Yahoo, eBay or Uber? Unfortunately, cyber criminals take an […]
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Australia finally has mandatory data breach notification
Australia will have a mandatory data breach notification scheme in place within the year after several aborted attempts, following the passage of legislation through the senate today. The Labor and Liberal parties today united to pass the government’s Privacy Amendment (Notifiable Data Breaches) Bill 2016 into law. Learn what the rules […]
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Australian Government My Guide helps minimise your personal online security risk: Alert Priority Moderate
An increase in online scams and frauds reported to authorities in the leadup to Christmas has reinforced the importance of safe online security practices. The Australian Cybercrime Online Reporting Network (ACORN) received 2,608 reports of online scams and fraud from 1 December to 21 December 2016. There were 1,415 reports […]
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Cyber risk update: recent data breaches
Recent high profile data breaches involving companies with a presence in Australia demonstrate the reputational risks associated with a failure to adequately protect customers’ personal information. With companies holding more data about their customers and utilising new ways of interacting with those customers, the risks of a data breach are […]
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Would your business stand up to a Ransom attack?
What Are They and How Do I Deal With Them? CryptoLocker and CryptoWall are examples of ransomware, a trojan than locks up your files and threatens to destroy the key unless you pay a ransom to enable the files to be unlocked again. You are given only a limited time […]
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Aussie cyber centre warns of growing threat in first report
But ACSC reveals no major national attack yet. Malicious cyber incidents reported by Australian governments and business have more than tripled in the last three years and will cost more than $1 billion in damage in the future, but the country is yet to suffer a major attack, according to the […]
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Time to take cyber threat seriously, lawyers warn
Australian companies must give cyber insurance proper consideration and understand that general business policies may not cover all losses, law firm Allens says. The cost of cyber crime in Australia is more than $1 billion a year, with the average cost of a data breach $2.16 million, according to software […]
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