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Exclusive: Over half of ASX companies at risk of email fraud – 30 August 2018

by admin | Aug 30, 2018 | News & Analysis

Email fraud has devastating consequences for businesses: a recent Proofpoint survey revealed that more than 1 in 3 email fraud attacks on Australian businesses (35%) led to loss of funds to cybercriminals. DMARC (or Domain Message Authentication Reporting and...

Banking royal commission: AON Hewitt clients unaware of superannuation scam – 28 August 2018

by admin | Aug 28, 2018 | News & Analysis

831 clients of management consultant AON Hewitt Australian financial advice arm, were shovelled into high-fee super funds without their consent. Counsel assisting the royal commission said it represented four breaches of the Corporations Act, which amounted to more...

RBA wants new online fraud strategy deployed ASAP – 28 August 2018

by admin | Aug 28, 2018 | News & Analysis

The Reserve Bank of Australia has put Australia’s major banks and payment card schemes on notice that it expects swift action and real results from a new industry-wide strategy to reduce online payment card fraud. The Productivity Commission has also called for an...

What you should know about facial recognition technology – 28 August 2018

by admin | Aug 28, 2018 | News & Analysis

Discussions on the advancement of facial recognition software in marketing and customer engagement efforts by various innovation companies like Noahface, Fjord Bronwyn Van der Merwe and iOmnisicent.  The technology is often engaged for security purposes, such as...

Weird thing this fake billionaire is more worried about than her jail time – 24 August 2018

by admin | Aug 28, 2018 | News & Analysis

A Truck driver’s daughter Anna Sorokin, posed as a Russian billionaire heiress was indicted for allegedly using fake identity to swindle hundreds of thousands of dollars. She cheated banks, wrote bad cheques to fancy hotels and restaurants and created a fake...

Surveillance legislation: Government’s ‘lip service’ on backdoors – 27 August 2018

by admin | Aug 27, 2018 | News & Analysis

Concerns that draft legislation Telecommunications and Other Legislation Amendment (Assistance and Access) Bill 2018 could reduce the security of online communications services, despite government pledge....
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