MailGuard Partners Blog

The End of Financial Year (EOFY) is approaching – a period that notoriously witnesses a spike in finance and tax-related scams affecting business worldwide. Just this past month, we’ve intercepted several such email scams, including those brandjacking banks like ANZ & other financial institutions, and those containing statements of accounts. 

“I am a hacker who has access to your operating system. I also have full access to your account. I’ve been watching you for a few months now. The fact is that you were impacted with malware through an adult site that you visited.”

“In a year already marred by natural and biological crises, cybersecurity failures remain a critical threat. 

It’s been several weeks since many companies (mine included) implemented a remote working policy to keep our employees safe in light of the evolving COVID-19 situation.

The Coronavirus (COVID-19) situation is constantly evolving, and its impact on members of our community differs in many ways. It poses the greatest risk to older adults and to those with pre-existing health conditions, but inevitably it is already having an impact on us all.

As many of you know by now, logistics giant Toll Group was in the news last week after they were hit by a ransomware attack called Mailto. This attack is usually delivered via an infected email, that was most likely clicked on by an unsuspecting employee which then infects systems running on Microsoft Windows, encrypting files and leaving a ransom note on-screen. The note says that the only way to get the files back is by paying a ransom in Bitcoin. 

My mission in 2020 is to ensure that, on my watch, no business becomes compromised and its reputation impacted by cybercrime. It’s a bold ambition, because cybercriminals are more ruthless and sophisticated than ever before.   

It might be your clients' CFO, reviewing transactions for the monthly executive payroll.  

I was going to begin this blog by posing a question to you about ‘How high cybersecurity is on your clients' list of priorities?’ 

Imagine a company with the most experienced cybersecurity team, and the best software and hardware defences. You’d probably think that this organisation won’t ever find itself on the end of a devastating cyber-attack, right?