Life is about the journey - some roads are not always what they seem but you sure learn a great deal from them!
Published January 18th 2020
Cybercrime has increased exponentially over the years. According to SBS News, cybercrime has cost Australian businesses over $29 billion during 2019. However, what is even more disturbing is the impact that it has on our community as a whole.
Over the last 5 years, ScamWatch Australia has seen an increase of both online and phone scams with people age 50 and older. Last year, this demographic lost over $75 million. Notably, a significant number for an age group, which relies on pension and their retirement funds.
In 2019, we saw a number of major companies and business who experienced a signficant cyber attack. In February, the parliament in Canberra had to shut down their network due to a breach and all members had to change their passwords immediately. ANU (Australian National University) had over 19 years of data stolen. UWA (University of Western Australia) had several laptops stolen, which had sensitive data that included passports, names, emails and other important personal identifiers.
Personally, however, I experienced a breach to my Amazon account. This breach was a result of an attack on Amazon where cyber criminals were able to access account information and passwords. I had to spend a couple of hours on claiming back an account which hackers had taken control of. The lesson I learnt was that I should have gone over the list of online accounts I had and made sure that I had change all passwords. The Amazon account was an older account which slipped through the 'cracks'.
Have you experience any cyber crime? And if so, what is your biggest cyber security lesson?