Displaying items by tag: scam losses
Thursday, 07 July 2022 11:13
Australian businesses lost $227 million to payment redirection scams last year
Australian businesses lost $227 million to payment redirection scams in 2021, a 77% increase compared to 2020.
Published in
Security
Tagged under
- Scams
- payment redirection scams
- Australian businesses
- payment redirection
- scam losses
- Australian Competition and Consumer Commission
- ACCC
- Mick Keogh
- SCAMwatch
- ReportCyber
- banks
- Money remitters
- Government agencies
- Cybercrime
- Ransomware
- Australian Cyber Security Centre
- Australian farm businesses
- agricultural sector
- Farmers
Monday, 12 July 2021 15:03
'Investment scams are disproportionately impacting Australians': Proofpoint
Security provider Proofpoint notes the massive growth in scams reported in the latest Scamwatch report, drawing attention to the fact that Australian losses to scammers reached 80% of 2020's total in just six months.
Published in
Your Tech
Tagged under
Tuesday, 10 March 2020 12:46
Young Australians under 25 lose $5 million to scammers
Australians under 25 years of age lost over $5 million to scams in 2019, with around 12,000 reports about losses by these young Aussies made to Scamwatch in 2019 - an increase of 11% over 2018.
Published in
Security
Tagged under
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Comments
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Re: iTWire - Can cyber security be a platform for innovation and growth?
Most cybersecurity is making up for weak platforms. We need to address the fundamentals, design platforms that prevent out-of-bounds access[…]
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RISC has been overhyped. While it is an interesting low-level processor architecture, what the world needs is high-level system architectures,[…]
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There are two flaws that are widespread in the industry here. The first is that any platform or language should[…]
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Ajai Chowdhry, one of the founders and CEO of HCL is married to a cousin of a cousin of mine.[…]
