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Showing 11 - 20 of 36 results for "Cybercrime"

Industry groups welcome Labor government

ANDREW MCKEAN  |  MONDAY, 23 MAY 2022
... the resilience of Australia's digital insurance environment to protect Australian businesses from the impacts of cybercrime. In the wake of the new change of government, the Investor Group on Climate Change also posited that there was a huge opportunity ...

Cyber attacks scare directors: WTW

ELIZABETH MCARTHUR  |  FRIDAY, 22 APR 2022
... under cyber-insurance policies since 2019. "Ransomware has become a low investment, low risk and high reward method of cybercrime which organisations cannot ignore," WTW said. "From an industry sector perspective, our data shows the top three industry ...

Super fund member meetings under the spotlight

KARREN VERGARA  |  FRIDAY, 6 AUG 2021
Superannuation funds need to lift their game when it comes to annual member meetings as ASIC found that many should be giving members a better opportunity to have their voices heard. While the the corporate regulator did not identify significant failures ...

CSIRO contractor in crypto scam

ELIZABETH MCARTHUR  |  MONDAY, 21 SEP 2020
... actions of CSIRO in identifying this criminal conduct and swiftly reporting it for investigation," AFP commander of cybercrime operations Chris Goldsmith said. "This man's activities diverted these supercomputer resources away from performing significant ...

Cyber criminals jump on ERS

ELIZA BAVIN  |  TUESDAY, 4 AUG 2020
Reports of cybercrime increased significantly after the government announced the Early Release of Superannuation (ERS) and JobKeeper schemes, according to the Australian Competition & Consumer Commission. ACCC chair Rod Simms told the joint committee ...

Super must come together over cybercrime

HARRISON WORLEY  |  THURSDAY, 14 MAY 2020
... oversight body of the Superannuation Transaction Network is calling on super funds to work together to thwart the threat of cybercrime. Addressing the Association of Super Funds of Australia, GNGB executive officer Michelle Bower has urged the super ...

InPayTech's ClickSuper grows

HARRISON WORLEY  |  MONDAY, 9 MAR 2020
InPayTech's superannuation payment solution has picked up new payroll provider clients, as cybercrime continues to threaten the super sector. The payment technology company has confirmed seven new payroll providers have joined the firm's integrated ...

McGrathNicol launches cyber protection tool

HARRISON WORLEY  |  WEDNESDAY, 19 FEB 2020
... McGrathNicol has partnered to launch a tech-enabled forensic investigations service to help Australian businesses detect cybercrime. McGrathNicol and ResponSight have partnered to develop FDetect, a service designed to provide businesses with the ability ...

Superannuation scammer to face court

KANIKA SOOD  |  THURSDAY, 16 JAN 2020
... charges for 69 counts of deceptions. The 33-year-old man from Hills was arrested by police on Wednesday following a cybercrime investigation. It is alleged he acted as an investment manager for SMSFs and sent the victim's investments to overseas locations. ...

Major super funds caught in fraud scandal

ELIZA BAVIN, JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2019
... takeover". Once the false identities and accounts were established, ASIC and the AFP allege the syndicate committed cybercrime offences to steal money from the super accounts of these victims, and from their share-trading accounts in ASX-listed companies. ...