Fraud
Payroll fraud is more common than you might think: Here are seven red flags
Despite it being impossible to accurately quantify, payroll fraud is more common than you might think. This is because payroll fraud is ofte…
Phishing emails and human error: Almost 1,000 data breaches reported in 12 months
There were 964 data breaches reported to the federal regulator in the first year of mandatory reporting rules, and “malicious or criminal …
Businesses ‘ripped off’ by fake food truck supplier in $70,000 scam
Western Australia’s Consumer Protection Department has warned small-business owners in the state about a food truck and van seller who has a…
Queensland liquidator jailed for seven years after pleading guilty to stealing $800,000 from collapsed company
A former business liquidator has been sentenced to seven year’s jail time after he was found to have committed three counts of fraud during …
‘Don’t trust email’: Half-a-billion lost to scams in 2018, ACCC says
Small businesses were the most-scammed corporate cohort last year, accounting for more than half of the $7.2 million businesses lost to frau…
ASIC blitz: Financial advisors banned as regulator steps up clean-up efforts
A late-April blitz has seen a slew of financial advisors charged or banned over the last week as the corporate regulator steps up its effort…
“New Year, new scam”: ATO sounds the alarm as fraudsters change tactics
After an uptick in reports of fraudsters impersonating the tax office via phone scams in 2018, the ATO has issued a New Year warning about a…
Facebook hack reveals the perils of using a single account to log in to other services
By Mike Johnstone, Edith Cowan University
Facebook announced on Friday its engineering team had discovered a security issue affecting alm…
Perth car dealership loses $65,000 to invoice scam despite best security practices
A Perth-based car dealership has been slammed with a $65,000 loss after falling victim to an invoice scam, despite taking best efforts to ve…
Banks and customers alike benefit from efficient New Payments Platform — but so do fraudsters
By Steve Worthington, Swinburne University of Technology
Most credit card fraud takes place online or over the phone. It’s not the card…
