Scammers are increasingly using a range of alarming tactics to threaten, intimidate and steal from Chinese students living in Australia, the National Anti-Scam Centre has warned. Reports of scammers posing as Chinese police to target young people studying in Australia more than doubled in August,
While remote work offers flexibility and new opportunities, it also presents cybersecurity challenges. As more organisations adopt remote and hybrid working practices, there’s an increase in access to sensitive data from various locations. This has caused targeted attacks to rise, often exploiting human emotions through
Many small to medium business (SMB) owners share a common misconception. In a world of rapidly accelerating cybercrime targeting enterprises, public infrastructure, and even governments, they often think they are far too small to entice hackers or cybercriminals. On the one hand, cyberattacks on SMBs
The Australian Banking Association Ltd (ABA) and its member banks will be able to participate in discussions to develop an industry standard to prevent, detect, and disrupt scams affecting individual and small business customers, following a conditional ACCC interim authorisation. “A coordinated response across government,
A new scam targeting customers of loyalty points programs with large, well-known Australian companies has been detected by the National Anti-Scam Centre. The National Anti-Scam Centre is warning consumers about a new text message scam currently targeting Qantas Frequent Flyer, Telstra and Coles loyalty programs’
Recent high-profile cyber attacks in Australia have involved major companies, government utilities, and critical infrastructure. Cybercriminals constantly employ new technologies to help them exploit network and system vulnerabilities, taking advantage of the shortage of cybersecurity professionals and inefficient IT practices. Often these attacks are used to extort payments
Amidst the peak of the Barbie movie craze, researchers from online protection company, McAfee have discovered a slew of new online scams as cybercriminals look to cash in on the summer blockbuster. Following a record-breaking opening weekend, McAfee is encouraging caution as consumers search Barbie-related Items online and may be
In a typical month, New Zealand’s National Cyber Security Centre (NCSC) receives an average of 22 incident reports and requests for help. During the 2021-22 financial year, the Australian Cyber Security Centre (ACSC) received over 76,000 reports of cyber crime, which equates to one report every seven minutes.
The latest data reveals that Australian small businesses lost almost $13.7 million to scams in 2022, an increase of 95 per cent compared to 2021, according to the Australian Competition and Consumer Commission (ACCC). The largest contributor to these losses were payment redirection scams, also
British banks will soon be required to reimburse customers who fall victim to authorised push payment fraud – where a scammer convinces you to authorise a payment, generally by masquerading as a legitimate business or person. The new rules from the UK’s Payment Systems Regulator are intended
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