Displaying items by tag: financial losses

Losses by Australians to dating and romance scams are expected to be much higher this year as scammers turn to a new technique - romance baiting - using dating apps to lure victims into investment scams, according to the consumer watchdog, the ACCC.

Published in Security

Small businesses experiencing financial loss, signing up to unsuitable plans, breakdowns in communication when fixing faults, and lack of a suitable backup plan when phone and Internet services are disrupted, are amongst a raft of issues reported to the Telecommunications Industry Ombudsman(TIO) since 2016 and this year.

It’s only a matter of time before Australian small businesses are hit hard by a cybersecurity attack but there are things they can do to protect themselves, according to a newly published security report.

Published in Security
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