How to take real steps towards battling cyber security threats
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 and what is […]
Award-winning technology protects property purchases from cyber theft
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 to do to […]
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 […]
Selling a home to interstate and international buyers? In today’s climate, you need electronic property exchange
As the COVID-19 crisis continues to shut domestic and international borders, what happens when you are selling a property to buyers outside of your state or country? Under current conditions, it’s highly likely they can’t meet you in person to view the property or sign paperwork. You may choose to complete matters like this digitally […]
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 […]
