by admin | Sep 6, 2018 | News & Analysis
The frequency of business email compromise (BEC) attacks is exploding as large financial returns continue to motivate cybercriminals to find new ways of exploiting human weaknesses. BEC volumes were up 80 percent quarter-on-quarter, according to the latest...
by admin | Sep 5, 2018 | News & Analysis
New scamming methods targeting taxpayers has the fraudsters initiating a three-way telephone conversation between the scammer, the victim, and another scammer impersonating the victim’s tax agent. During July and August the ATO received over 7000 scam reports, with...
by admin | Sep 5, 2018 | News & Analysis
A group of alleged Eftpos bandits are taking advantage of a security loophole in the machines to rip off shops for thousands of dollars with stolen credit cards....
by admin | Sep 5, 2018 | News & Analysis
The launch of a New Payments Platform, owned by both the banks and Reserve Bank, will make payments instant. It isn’t yet fully adopted, but when it is it’ll allow any financial institution to transfer money from any of its accounts to any other account...
by admin | Sep 4, 2018 | News & Analysis
A Canberra woman accused of setting up fake bank, health insurance and phone accounts and using them to rack up tens-of-thousands of dollars in expenses is now facing 16 additional counts of fraud. She used the names of strangers and her ex-partner to create phone...
by admin | Aug 30, 2018 | News & Analysis
An analysis of some of the world’s top cryptocurrency exchanges, by cybersecurity researcher Dr Vidy Potdar, has found that many of them are still making some relatively basic security mistakes. The most basic errors still being made were lax password policies...
