Real Estate activity is rising, how is your firm keeping up?

Back to Newsletter Recent adjustments to stamp duty across NSW and Victoria aim to kickstart the economy and Real Estate Agents, property lawyers and conveyancers will benefit. In Victoria, stamp duty will be slashed up to 50%, but this will only apply to newly built homes up to the value of $1 million and will be available until June […]

Hackers withdraw threat on legal services firm

Back to Newsletter Written by Reporter, Ronald Mizen Hackers behind a ransomware attack on legal services firm Law In Order have withdrawn their public threat to release allegedly stolen data, as the company refused to say whether it paid a ransom. The move comes as property developer Central Equity joins a growing list of Australian […]

Protect your Agency and Your Client’s Property Deposit From Scammers

Back to Newsletter Published by REIQ. Read the original article here: Email scams cost Australians millions of dollars a year. Unfortunately, for the property industry, cybercrime is reported every ten minutes in Australia, which means property funds have the attention of scammers.   While the exact level of activity in the property industry is very hard to quantify, there are ways to […]

Real estate scammers hitting Securexchange wall

Back to Newsletter Read the full article here. Given a cybercrime is reported every ten minutes in Australia, you can be assured that property deals, with deposits and funds changing hand, has the attention of scammers. However, the exact level of activity in the property industry is very hard to quantify, says Lee Bailie, head of Securexchange, […]

How to take real steps towards battling cyber security threats

Back to Newsletter Unfortunately, incidents of cyber-crime are on the rise and all businesses and individuals face the challenge of understanding what is a risk and what is not and keeping their private information safe from hacking. Cybercrime is reported every ten minutes in Australia and are becoming increasingly sophisticated. It’s important to know what is risky […]

Award-winning technology protects property purchases from cyber theft

Back to Newsletter October is Cyber Security Awareness Month and Securexchange is the property industry’s answer to fighting cyber-fraud. Today, Securexchange has won the prestigious Australian Business Award for New Product Innovation, highlighting the need for law firms, conveyancers and real estate agents to be aware of the risks of cybercrime and what they need […]

Hacked: ‘Best Australian financial data’ for sale on the dark web

Back to Newsletter Written by Reporter, Ronald Mizen Stolen data from Australian businesses is being auctioned on the dark web for up to $US60,000 ($82,000) by hackers, with some selling access to loan information, drivers’ licences, Medicare cards and passports. In one case, access to the active loan dashboard of a finance company was auctioned […]

Hacked Computer Leads to Contract Termination

Back to Newsletter 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 […]