In the ever-evolving business landscape, so do the shadows of potential scams; small businesses reported $8.5 million in losses to impersonation scams across approximately 459 reports over the first three quarters of 2023. A few significant figures illustrate how small businesses are affected by scammers. It should be noted that small businesses are vulnerable to the...
Scams have become an unfortunate reality that continues to grow very quickly. Topics are very diverse in both professional and personal areas, including Microsoft impersonation scams, which have become a significant threat. As a matter of fact, Microsoft impersonation scams are the third category of scams affecting those aged 55 and over, with $7,061,702 reported...
On 30 September 2023, Scamwatch received a total of 234,672 reports with losses of over $397 million. Of these total reports, 72.5% involved impersonation. There were 81,093 total reports made on common impersonation scam categories with losses totalling $92 million. The highest loss categories for impersonation scams represents $60.48 million out of $92 million of...
Data visualization is a powerful tool for communicating complex data. It presents it in a simple, easily understandable format. But it is not enough to simply create a graph or chart and call it a day. To truly make use of information, it is important to create insightful reports. Reports that effectively communicate the story...
The term ‘data breach’ has never been said so many times in Australia as it has the last few months. But it isn’t just Optus and Medibank, there have been quite a few data breaches in 2022 that you may, or may not, know about. Data breaches are a big deal, but they’re more common than...
It’s a common theme. You begin seeing these amazing CGI images of your friends on Facebook or Instagram. You think, “How can I make one?” Filters and self-portrait apps have come a long way. You can now make yourself look like Hollywood’s version of a character in the next hit animated film. It still kind of...
No business wants to suffer a data breach. But unfortunately, in today’s environment, it’s difficult to completely avoid them. Approximately 83% of organisations have experienced more than one data breach. (IBM Security 2022 Cost of a Data Breach Report) These breaches hurt businesses in many ways. First, there is the immediate cost of remediating the breach....
The global home security market has been growing by leaps and bounds. By 2026, experts expect the market to expand at a rate of 20.1%. This is on top of an expected increase of 21.6% from 2021 to 2022. From Ring doorbell cams to entire home security systems, consumers want these solutions. Watching your front door...
One constant struggle in offices is the balance between productivity and security. If you give users too much freedom in your network, risk increases. But add too many security gates, and productivity can dwindle. It’s a fine balance between the two, but one you can achieve. Organisations need to recognize the importance of both. And not...
Cybersecurity insurance is still a pretty new concept for many SMBs. It was initially introduced in the 1990s to provide coverage for large enterprises, and usually covered items like data processing errors and online media. Since that time, the policies for this type of liability coverage have changed. Today’s cyber insurance policies cover the typical costs...
