Displaying items by tag: Cybercrime

Australian and the world’s healthcare systems face a range of security threats due to malicious activity as cybercriminals attempt to access sensitive information stored in the systems.

Australian secure payments data platform Eftsure has boosted its coffers with a $2.5 million capital raise, with the additional funding to be used to accelerate growth and to meet the demand for its protection platform for the fight against payment fraud, which cost Australian businesses losses of $1 billion in direct costs alone to cybercrime in 2018, including payment fraud.

Scammers have stolen at least $16 million from unsuspecting Australians so far this year and this is likely to be just the tip of the iceberg, according to the latest Scamwatch report from the ACCC.