Email fraud up 46% on 2017: businesses losing $ billions

Posted by Emmanuel Marshall on 15 August 2018 09:58:41 AEST

Claire, an intern at a small legal firm, sits down at her desk after getting back from a hasty, late lunch. She gulps her coffee and flicks open her email inbox: 37 new messages. She rubs her temples and begins to work her way through the backlog that piled up during her 15-minute lunch break.

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Medical sector facing a new kind of plague

Posted by Craig McDonald on 10 August 2018 14:25:58 AEST

I had a group of friends over for dinner a couple of weeks ago, one of whom is a doctor. She arrived late and apologised, saying that she’d been stuck late at work because the clinic computer system was hacked and her appointment schedule was all messed up.

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If your inbox isn’t secure your business is at risk

Posted by Emmanuel Marshall on 08 August 2018 10:03:38 AEST

When you consider how central email is to daily business operations, it’s not surprising, that it’s become the most damaging weapon in the cybercrime arsenal.
Every business still relies on email to do the majority of their daily communication. Everything from stationery orders to corporate mergers is organised and negotiated through the humble inbox.

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Email: the skeleton key to your company’s data & dollars

Posted by Craig McDonald on 16 July 2018 10:33:31 AEST
  • Phishing
  • Brandjacking
  • CEO fraud

All these kinds of cybercrime are perpetrated using email as their primary vector.

Every business is constantly sending and receiving emails, it’s part of the background noise of everyday work, so it’s a powerful tool for criminals who want to slip under the wire and attack a company from the inside out.

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How hard/easy is it to defraud your company?

Posted by Craig McDonald on 07 June 2018 14:23:59 AEST


You have your solicitor look over contracts before they’re signed.
Your accountant examines your books to find any irregularities.
There are checks and balances in place to monitor purchases, invoicing, payroll and transactions of every kind.
You’re confident that your company’s financial integrity is well protected, but what about the online realm?

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Cybersecurity: a quick-start guide for businesspeople

Posted by Craig McDonald on 04 June 2018 11:49:46 AEST


There’s a lot about online crime that’s ambiguous and confusing, but the damage it’s doing is all too clear. Recent research figures released by the FBI and reports from independent cybersecurity experts estimate that the damage bill from cybercrime in 2018 will reach more than
US$12 billion dollars.

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Cybersecurity insurance: only half of businesses have it

Posted by Craig McDonald on 01 June 2018 15:53:18 AEST


The
Wall Street Journal has published an interesting article quoting Warren Buffett talking about cybersecurity insurance and his view that it is a bad risk.

Speaking at a Berkshire Hathaway Inc. meeting, Buffett said: “We can figure the probability of a quake or a hurricane but don’t know as much in cyber. It’s uncharted territory on the insurance side and will get worse, not better.”

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Criminals targeting mobiles to hack into business data

Posted by Emmanuel Marshall on 28 May 2018 13:15:31 AEST


BYOD -
Bring Your Own Device- is standard practice now in most industries. Every person working in an office has a web-enabled phone in their pocket that can receive email and that’s increasingly the in-point for phishing scams. 

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Get GDPR ready: future-proof your email security

Posted by Emmanuel Marshall on 23 May 2018 11:01:49 AEST


On May 25, the EU
General Data Protection Regulation (GDPR) comes into effect.

GDPR aims to incentivise the protection of personal data that is held by companies and organisations.

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GDPR: What is it? Is your business affected?

Posted by Emmanuel Marshall on 20 April 2018 10:03:31 AEST

“Cybersecurity risks are growing, both in their prevalence and in their disruptive potential. Attacks against businesses have almost doubled in five years, and incidents that would once have been considered extraordinary are becoming more and more commonplace.”

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Cybersecurity - don’t learn about it the hard way

Posted by Craig McDonald on 18 April 2018 11:22:48 AEST


It’s my mission, both as an entrepreneur and a communicator, to help businesses protect themselves from cybercrime.

The cost to companies from cyber-attacks is growing at an alarming rate at the moment. Part of that problem is that there are still senior decision-makers in companies who don’t understand the devastating impact cybercrime can have on a business.

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Video: cybersecurity expert Alastair MacGibbon's advice for CEOs

Posted by Emmanuel Marshall on 10 April 2018 15:45:36 AEST


Cyber-attacks are a growing challenge for Australian companies and are now Australia’s number-one economic crime. MailGuard collaborates with PwC and Microsoft to bring together CEOs and cybersecurity experts in forums focussed on the rise of cybercrime and the challenge it presents for business.

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Ensuring your cash flow security

Posted by Craig McDonald on 09 April 2018 15:42:08 AEST


"Cybersecurity needs to be taken seriously… Cybercriminals are becoming more sophisticated and small businesses are particularly vulnerable. Many small businesses have successfully blended their physical and virtual shopfronts to establish sustainable operating models... Cybercriminals now are attacking small businesses very regularly. They know the big guys have really cool systems and they know the little guys haven't.”

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AVCrypt: new ransomware targeting antivirus software

Posted by Emmanuel Marshall on 27 March 2018 14:37:27 AEDT


A computer virus that seeks out and destroys antivirus software; that’s AVCrypt, a new ransomware variant
discovered on Friday.

The AVCrypt malware is designed to locate and delete PC antivirus software Windows Defender and Malwarebytes and then install ransomware onto an infected computer. By eliminating the computer’s antivirus programs before beginning the ransomware attack, AVCrypt effectively removes the local security protection that most PCs rely on to prevent such attacks, making this a very dangerous new malware strain.

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‘Collaborative approach’ needed, say cybersecurity experts

Posted by Emmanuel Marshall on 16 March 2018 11:46:28 AEDT


‘Alone we will fail,’ was the message from Alastair MacGibbon, Head of the Australian Cyber Security Centre and keynote speaker at
MailGuard’s2018 Cybersecurity Awareness Luncheon.

On Tuesday 6 March, MailGuard collaborated with PWC and Microsoft to bring together CEOs and cybersecurity experts in a forum focussed on the rise of cybercrime and the challenges it presents for business.

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