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Reversing the Increasing Threat of Cybercrime

A Deakin University cybersecurity expert shared that one in three Australians can expect to be impacted by cybercrime or a data breach, which releases their personal details.

According to a recent press release, the Director of Deakin University’s Centre for Cyber Security Research and Innovation (CSRI) explained that the risk had increased from one in four Australians only a few years ago.

This is because cybercriminals find more creative ways to hack through the digital defences.

The CSRI develops innovative technologies and methodologies for securing cyberspace in Australia and beyond.

Australians lost more than AU$ 10million to scammers last year and cybercrime appears headed in one direction.

Everyone has a story about a relative, parent or child who has been a victim of digital crime, through a phone or email scam, a malicious website or attachment like ransomware.

This year Stay Smart Online Week, which ran from 7-13 October, continues its theme of ‘Reverse the Threat’ of cybercrime.

It aims to empower Australians to take control of their online identity by reviewing privacy settings, learning how to spot phishing scams, creating strong and unique passwords, and turning on two-factor authentication.

Scamming

Human beings are susceptible to scams. As curious, social animals, people are often more trusting than they should be.

Body language cues are lacking when connecting with people by phone, over the internet or by email. People use body language to assess risk in people unknown to them.

Aside from this, it has become easy for scammers to use fear to get people to become compliant and follow instructions and orders, such as looking like the tax office or police.

The scammers manipulate anxieties and force people to make decisions fast without thinking through the consequences.

Emails or SMS messages that require urgent action are often a warning sign to consumers, especially if these items contain links.

Some examples include:

  1. Being asked to pay unexpected fines or invoices or risk going to jail
  2. Being asked by a government agency to login to update details, and links are provided in the email
  3. Being directed to an urgent action to prevent fraud on an account
  4. Logging in to a cloud service to access a document from an unknown person

Prevention of Threat of Cybercrime

  • The Director reiterated the importance of being more cautious with people encountered online. He shared some advice to avoid being scammed.
  • Avoid opening attachments from people you don’t know and remain suspicious when you hear from people you do know.
  • It is very easy to attack someone via email as malicious codes can be buried in photos, PDFs or attached documents.
  • If there is no need to open something, definitely do not open it.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

PARTNER

CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

PARTNER

Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

PARTNER

HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.