Five charged as part of ongoing investigations into $4.7 million business email compromise scam – 25 June 2020

by admin | Jun 25, 2020 | News & Analysis

NSW Police have charged five men as part of an ongoing investigation into an alleged $4.7 million business email compromise scam. Altered invoices had been sent to legitimate businesses for payment, before the funds were transferred into personal accounts....

Younger Australians being targeted by cyber criminals in tax time scams – 25 June 2020

by admin | Jun 25, 2020 | News & Analysis

Cyber criminals are targeting young Australians in scams and playing on their eagerness for a tax refund after the economic pressures of the coronavirus crisis....

Senator calls for ASIC probe into Holden over ‘potential phoenixing’ – 24 June 2020

by admin | Jun 24, 2020 | News & Analysis

Senator Deborah O’Neill has called on ASIC to investigate General Motors’ plans to establish a new company that will import and sell GM vehicles in Australia to investigate whether ‘illegal’ phoenixing is planned i.e. the “rebirthing” of a...

Video analytics: No longer just in a Bond movie – 23 June 2020

by admin | Jun 23, 2020 | News & Analysis

Video analytics, or the use of software to scan video images for certain patterns, is something that has been widely implemented overseas, but not in Australia. It can be used to allocate resources more efficiently and identify where certain triggers can be...

Two charged as part of investigation into international fraud syndicate at Cumberland – 23 June 2020

by admin | Jun 23, 2020 | News & Analysis

Cumberland detectives uncovered a sophisticated fraud syndicate operating out of India with Australian-based members collecting cash before electronically transferring the funds overseas....