Discover the latest cybersecurity updates to ensure your business stays safe and secure online. Stay informed and ahead of the threats and protect your valuable data.
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A lot of Australians think they can spot a scam and believe they would know what to do if they were targeted. However, the truth is scammers are getting more creative as days go by. They mimic contact details, branding and logos, and language to seem legitimate people or organisations and to trick even the smartest. Unfortunately, the community lost more than $25 million to email scams last year.
A lot of companies identify as ‘offline’ and assume they don’t need cyber protection. However, virtually all businesses in Australia rely on some form of digital communication or services, such as staff email addresses, websites, social media for marketing, online banking, and e-commerce or an online store. It’s almost impossible to find a business that doesn’t use email or some form of digitized communication. What’s worrisome is that most businesses who identified a cyber-attack did so via a fraudulent email.
Australian businesses with a turnover worth at least AUD 3 million per year must comply with the Notifiable Data Breaches (NDB) scheme under the Privacy Act. The federal government implemented the regulation on 22 February 2018, to ensure that public and private sector groups continue to invest in information security. Failure to do so can be costly for your business.
Cybersecurity is an integral part of running a business, particularly for Aussies, to prevent unwarranted access to your network. Smart devices and Internet access have become necessities, making information security indispensable against viruses. When hit by a cyberattack, it may take years to bounce back, not to mention retrieve the lost or stolen data. With a regular IT audit and other cybersecurity practices, cyber threats will be minimized.
Australian business owners without clear IT security policies will become more vulnerable to attacks in 2019 than in previous years. Malicious software, or malware, continues to evolve with the discovery of new threats that no longer require the use of executable files. As early as July 2018, IT experts have included TrickBot malware in types of cyber-attacks. It emerged as one of the latest threats that year when even large companies, which have robust IT support systems, had trouble reducing their risk exposure.
An Australian Competition and Consumer Commission (ACCC) report showed that phishing ranked among the top three scams in 2018. Business owners should be extra mindful of their IT security policies against this type of cyberattack. Companies in the banking, finance, and health care sectors likely need data security more than any other industry because the nature of their business makes them a gold mine of information for hackers.
Miami…it’s one of the places that really spoke to me because of Miami Vice, probably the most famous TV show around crime that there is. But don’t take my word for it.
Australian companies can improve their cybersecurity strategies when they pay more attention to a human-centric approach. Most businesses have focused on improving the resilience of their IT security infrastructure. While this is necessary, it’s equally important to know how people interact with network infrastructure. Remember that your employees should act as the first line of defence against potential threats.
Australia’s hospitality industry is a perennial target of cybercriminals who will use any means necessary to gain valuable information. Some of their fraudulent activities are spoofing your website and creating fake accommodation deals. These ads often appear to be almost legitimate that the average customer, might not notice the difference between them and your own promotional offers. There are a lot more of these illegal activities that only an IT security consultant company may be able to identify for you.
Business owners in Australia should have a clear understanding of the difference between data security and data privacy so they can come up with a good network security plan. For many, the distinctions between these two terms may not be clear. Data security is the confidentiality, integrity, and availability of information and services, while data privacy involves identifying the bounds of who and what actions can be done with certain information. Data may be secure but not private at all.
Hardly a day goes by without a cyberattack making it to the Australian news. The most recent incident involved Canva, an Australian-founded graphic design website. A hacker group has taken responsibility for the attack that affected as many as 139 million users. While the company is attempting to rectify the situation by working with law enforcement officers, it seems the damage has already been done. Social media users are calling out the company for their too-little-too-late approach.
Why do we get sent spam? Why is that a thing? Why is it still a thing? It’s annoying. Here’s the reason why you receive junk mail
Scammers are now targeting job seekers in Australia. Users of job seeking sites like Indeed, Jora and Seek should take precaution. Scammers post fake employment ads on job search sites to steal personal information and money from job seekers. Jobseekers who showed interest in the fake jobs would be asked to transfer money as part of the application process.
Are Your Payroll Officers Aware of This Email Scam?The Australian Cyber Security Centre (ACSC) warns business owners and employees about cyber criminals who send out fake emails to request a change in employees’ bank details. Some payroll officers in several business organisations in Australia have received a fake email that appears to have come from employees requesting to change their bank account details.
Is Your Organisation Vulnerable to Cyberattacks?Network security should be a priority of business owners, especially with the recent cyberattacks in Australia. Without implementing robust security measures and protocols, organisations could become vulnerable to cyberattacks and lose important data. Avoid this mistake by getting a network security audit! It’s one of the best ways to ensure that your company’s network is in good shape.
What Is the Government’s Plan?With the elections coming up, delivering better cybersecurity responses is a top priority for the Australian government. After the many cyber attacks that have occurred over the past few years, the Australian government is understandably concerned about possible IT security breaches during the May 18 polls.
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