Cyber Security and Insurance

Cyber Security and Insurance

In my reading over the last week, there has been 3 articles reinforcing the importance of cyber security and cyber insurance. Currently, one of the biggest costs to business is not ransomware, but rather phishing scams. So much so its now known with the acronym “BEC” which stands for Business Email Compromised. The latest report says US$26billion has been stolen through this ‘BEC’ scams. This […]

Read Me

Australian Government ‘Stay Safe Online’ Alert Service

Australian Government ‘Stay Safe Online’ Alert Service

I wanted to share with readers a free service that is offered by the Australian Government and the Australian Cyber Security Centre which I think is fantastic to assist internet users. This is a free service for Australian internet users, to explain recent online threats and how they can be managed.  Stay Smart Online Alerts provide easy to understand online safety and security information and […]

Read Me

Do not forget the cyber exposure facing us all

Do not forget the cyber exposure facing us all

This year has been dominated by a swag of natural disasters culminating most recently with Cyclone Oma and Bushfires in Western Australia. However, the ever present risk of cyber attacks continues. Here are three recently reported events. February 21, 2019 https://www.smh.com.au/business/companies/toyota-cyber-attack-leaves-employees-unable-to-access-emails-for-days-20190221-p50z70.html Car manufacturing giant Toyota has been hit by a cyber attack in Australia, with employees locked out of their emails for days. February 18, […]

Read Me

Privacy International investigation finds a huge number of Android apps share data with Facebook — whether you have an account or not

Privacy International investigation finds a huge number of Android apps share data with Facebook — whether you have an account or not

During the past few years, Facebook has been in the news for breach of privacy issues. I therefore share with you an article prepared by Privacy International following an investigation they undertook that found that a huge number of Android apps share data with Facebook — whether you have an account or not. How Apps on Android Share Data with Facebook – Privacy International 2018 (1) […]

Read Me

New Zealand customs can now demand you unlock your digital devices

New Zealand customs can now demand you unlock your digital devices

In a new law passed in New Zealand, customs officers have now been given the power to demand that travelers unlock their digital devices if suspected of criminal activity, or risk a NZ$5000 (AU$4580) fine. Previously, while they could confiscate the items they could not force the individual to unlock it. New Zealand Customs Minister, Kris Faafoi has been quoted as saying “Organised criminal activity is […]

Read Me

A convincing scam to avoid – ATO

A convincing scam to avoid – ATO

Local accountants Mitchell Wilson shared this warning with me just now that I thought important enough to share with other readers. I appreciate that I post so many warnings but this is in line with the huge volume of scams that are uncovered every day. Forewarned is forearmed. ============================================== We’d like to warn you of an email scan that’s being sent to Taxpayers this tax […]

Read Me

Cyber Breaches the new norm

Cyber Breaches the new norm

Further to my recent article (Click here) where Fairfax Media revealed two cases in which more than $1.25 million was stolen from vendors while their properties were being settled on Property Exchange Australia’s PEXA e-transfer system, I am pleased to see that they were able to recover a large proportion of any monies unlawfully taken, however not all. This news also breaks with the announcement […]

Read Me

Conveyancing Money Transfer System hacked

Conveyancing Money Transfer System hacked

I have received phone calls and emails from several law firms following the interception and illegal transfer of clients’ money (I understand there have been at least two incidences). Thieves have managed to hack into the software system PEXA (Property Exchange Australia), the nation’s new online property transfer system. The fraudsters had gained access via the conveyancer’s email account, and diverted the money into their […]

Read Me

Warning: Suspicious Emails

Warning: Suspicious Emails

These types of malicious emails are becoming more and more common, as well as trickier to pick up when they are real or not. I set out below an example of one which one of our employees received which was in fact a scam/hack email. Luckily, they knew to not click.

Read Me

A quick reminder on cyber security

A quick reminder on cyber security

On the one hand as LMI builds our brand in the UK,  I am being inundated by emails regarding the UK Legislation aimed at giving consumers more control over their personal data (General Data Protection Regulation (GDPR)) and at the same time I am getting hit daily with emails pro-porting to be from legitimate companies such as Microsoft asking for me to change or confirm my password. This […]

Read Me