Lee Bailie talks to AusBiz about protecting agencies from hacking

Real Estate Agents are seeing more fraud in their businesses. Lee Bailie, Head of Securexchange spoke with AusBiz about protecting agencies from hacking. Securexchange is a complimentary workspace that ensures you can electronically sign and exchange contracts and securely share confidential details. Register for your complimentary account. https://youtu.be/_kpoRGdz0S4

Hacked Computer Leads to Contract Termination

By Andrew Persijn – Special Counsel, Carter Newell Lawyers In the recent Supreme Court of New South Wales decision of Deligiannidou v Sundarjee [2020] NSWSC 437, the buyers of a property sought a declaration that the contract of sale was still valid and enforceable in circumstances where the buyers’ deposit was paid to a fraudster’s bank account. […]

Cyber attacks hit Australians every ten minutes, costing the nation $29 billion a year

By Daniel McCulloch Australian families and businesses are being urged to safeguard their cyber security as criminals and foreign governments ramp up attacks. A new report from the Australian Cyber Security Centre paints a grim picture of the rapidly increasing threat. National security agencies receive one report of cyber crime almost every 10 minutes. Australians lost […]

The Snitch: Scammers target Real Housewives of Sydney star Krissy Marsh

Another celebrity has fallen victim to the cunning cyber scam that almost cost NRL legend Ben Elias a fortune. One of the Real Housewives of Sydney has narrowly avoided losing a rumoured $550,000 to the sophisticated fraudsters. Ava Benny-Morrison and Brenden Hills, The Sunday Telegraph A Real Housewives of Sydney star has become the latest celeb […]

Identity theft soars during COVID-19 as scammers target government payments, superannuation

By national consumer affairs reporter Amy Bainbridge and the Specialist Reporting Team’s Emily Clark A staggering 24,000 people have reported their personal details stolen so far this year, as experts warn scammers have been targeting Australians’ COVID-19 financial relief payments and superannuation. Key points: Australia’s consumer watchdog says identify theft scams have increased during COVID-19 Scammers are seeking […]

Have we shifted to contactless property exchange?

Keeping your firm and your property transactions safe during COVID-19.   As Australia is in a state of flux dealing with the COVID-19 pandemic, knowing how to stay safe is crucial. Whether you are working remotely to stay safe or are in stage four lockdown, there are ways to continue property transactions and protect your firm and your […]

NRL legend Ben Elias swindled out of $800K in cyber scam

By Amy Harris, The Daily Telegraph – https://www.dailytelegraph.com.au/news/nsw/nrl-legend-ben-elias-swindled-out-of-800k-in-cyber-scam/news-story/4797ef699f8e14fbd268161a4c17b49a Ben Elias, the former Balmain and NSW rugby league legend, has revealed he was the victim of a sophisticated online scam that could have cost the ’80s playmaker a fortune, saying: ‘It could happen to anyone’. It was the cyber swindle that blindsided a footy great. Ben Elias, the […]

Cyber attacks worsening among Australian businesses, costing economy $1 billion a year

By Shannon Williams – https://itbrief-com-au.cdn.ampproject.org/c/s/itbrief.com.au/amp/story/cyber-attacks-worsening-among-australian-businesses-costing-economy-1-billion-a-year Cyber attacks are on the rise among Australian organisations, with cyber crime costing the Australian economy more than $1 billion per year, according to new research. The research, commissioned by insurance comparison service comparethemarket.com.au found small businesses account for 43% of all cybercrime targets. It also revealed that the online activities […]