Tag: Scam

ANZ is urging companies to be vigilant against fake invoice and business email compromise scams, which are costing businesses millions

The Australian Tax Office is urging prospective business owners to remain vigilant of fake websites offering tax file numbers (TFN) and Australian business numbers (ABN) for a price.

How to avoid falling prey to online fraud over the busy festive season.

Dynamic Business spoke with Ben Mostafa, CTO at MessageMedia, about smishing fraud warnings and how businesses can avoid it.

Once convinced, the target will then transfer their superannuation to what they believe is a new fund, but is actually a bank account belonging to the scammer.

Cybercriminals are targeting businesses with a new scam that uses fake invoices to trick the business into paying money to the scammer. The invoices look legitimate and are often sent from a legitimate-looking email address, making it difficult for busy finance teams to spot the fakes.  According to the ACCC’s Scamwatch, Australian businesses lost $2.8 […]

As 2017 rolls on, cyberattackers will continue to exploit and severely damage Australian businesses by targeting their people, brands, and customers. According to PricewaterhouseCoopers (PwC), 65% of local organisations have experienced cybercrime in the last 24 months. There are no signs this will slow down as attackers become more savvy, more knowledgeable, and more socially […]

The Internet has affected how we learn, work and live. It is inseparable from almost everything we do nowadays. Businesses, even small ones, now rely on tools requiring a connection to the Internet. For instance, the Point-of-Sale machine has completely replaced manual cash registers, allowing payment via debit card and credit cards. Sales and payment […]

Business Email Compromise (BEC), also known as CEO Fraud, is the malicious scheme costing the business world billions of dollars. While the perpetrators tend to target large organisations, small to medium businesses caught out by the scheme have the most to lose, a cybersecurity expert warned. Tim Bentley, Country Manager, Australia and New Zealand at […]

A scam that promises naked videos of users’ Facebook friends has already hit more than 2,000 people, including many from Australia.