Displaying items by tag: phishing scams

GUEST OPINION: Australia is progressing steadily with an open banking rollout. The Big Four banks – CBA, Westpac, ANZ and National Australia Bank – introduced open banking in July 2021, and other banks and financial services are expected to follow in 2022. According to many fintechs, however, the introduction is going slower than expected, and they are pushing financial markets to open their banking services online by signing additional data holders.

GUEST OPINION by Derek Cowan, Director of System Engineering APAC at Cohesity:  With an unprecedented level of employees now home-working, and return to offices delayed until 2022 for many, corporate IT must navigate the digital roadblocks created by a highly dispersed team.

New South Wales residents were the most financially impacted by scams in July, accounting for 37% of the total amount lost in the month.

Cyber security firm Sophos says there has been significant worldwide growth of MSP Connect, its program for MSPs to expand market opportunities and revenue streams with its portfolio of solutions and services.

GUEST OPINION by Joanne Wong, Vice President – International Marketing, LogRhythm:  It’s something almost every internet user has experienced. An email arrives, purporting to be from a trusted source, but in reality it’s an attempt to steal personal details or cause disruption.

Over $1.26 million has been lost by Australians to government impersonation scams, according to a new report from the ACCC’s Scamwatch service.

ANZ Banking Group customers are the target of the most recent email phishing scam being blocked by security vendor MailGuard team.

Security firm Proofpoint says that retailer Kmart’s recent warning of a new attack by a sophisticated SMS scam means that it is important for Australians to remain vigilant and aware of these types of attacks.

The banking industry is increasingly becoming a favourite among cyber criminals, according to security vendor MailGuard, which has detected a new phishing email scam purporting to be from Westpac.

Following a high level of systemic security breaches in 2018, security incidents will keep getting worse in 2019 with identify theft, phishing scams and personal data breaches hitting a new high, according to predictions from one global VPN service provider.