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NAB flags cyber-attacks during the pandemic have intensified – 14 September 2020
NAB has recorded literally millions of cyber-attacks, warning online criminals are amplifying their attack on customers. They said fraud attempts made to customer accounts had increased by more than 78 per cent between May to June, with estimated losses rising 33 per cent. Cyber threats on the bank range from phishing sites targeting customers, to network and application based attacks on its digital banking platforms.
Are fraudsters really that clever? – 14 September 2020
Between using the pandemic and bushfires earlier in 2020 to their advantage, scammers cost Australians $A77 million in the first six months of 2020. Business email compromise (BEC) scams took in more than $A132 million in 2019. Fraudsters appear to be well capable of following the money however it seems we cannot get ahead of the fraudsters.
Disgraced bank manager Andi Lee jailed for fraud – 11 September 2020
Disgraced bank manager Andi Lee has been jailed for $4m worth of fraud. He stole money from customers using fake term deposit accounts between 2015 and 2019. Andi Lee owned 26 luxury watches, paid $280,000 for two Porsches and spent a stack of cash on his girlfriend.
https://7news.com.au/news/crime/disgraced-banker-manager-jailed-for-fraud-c-1309714
AMP apologises to Julia Szlakowski, who made sexual harassment complaint against Boe Pahari – 11 September 2020
AMP’s chief executive Francesco De Ferrari has publicly apologised to Julia Szlakowski, a former executive who accused the company of downplaying her sexual harassment complaint against former AMP Capital boss Boe Pahari. He says there is no systemic cultural problem at AMP but the firm has since changed how it handles complaints.
https://www.abc.net.au/news/2020-09-11/amp-sexual-harassment-parliament-hearing-de-ferrari/12652080