Cyber Audit Team

🚨 Cyber Security Wake-Up Call: The Legal Precedent Businesses Can't Ignore 🚨 In a landmark decision, a recent Western Australian court ruling has set a powerful precedent: businesses can now be held legally accountable for falling victim to cybercrime. Inoteq Pty Ltd was ordered to pay $190,000 after failing to verify fraudulent bank details in an invoice scam. This decision signals a seismic shift: businesses may now face legal liability for failing to safeguard against Business Email Compromise (BEC) and invoice fraud. For victims, it sets a precedent for holding negligent companies accountable. For businesses, it’s a stark warning. The duty of care is clear: protect your customers and partners, or face the consequences. At a bare minimum, to mitigate BEC scams, businesses must: ▪️Implement robust password management—utilise a recognised password manager and train staff on best practices for both corporate and personal accounts. ▪️ Enforce strong multi-factor authentication (MFA) for all email accounts. ▪️Establish clear verification processes for all financial transaction change requests and ensure staff do not deviate from them. ▪️Regularly train staff to recognise phishing attempts and suspicious emails, equipping them to spot red flags. The cost of inaction is no longer just a potential loss—it’s a legal liability. How confident are you that your company’s cyber security measures would stand up in court? #CyberSecurity #BEC #InvoiceFraud #eftsure #DutyOfCare #Leadership https://lnkd.in/g2mDJaXR

Thanks, #TechDiversity, for the mention and the consistent support of our program. Advancing diversity in all tech workforces, including cyber security, is essential. We were proud to collaborate with you to spread awareness of our program to those who could benefit the most and take pride in the fact that we were able to provide tangible pathways to those looking to enter the industry, many of whom were from traditionally under-represented communities in the field. Seeing many program graduates land genuine roles in the industry has been truly rewarding. Thank you again, TechDiversity, for all you do to advance diversity and equality in tech! We highly recommend working with TechDiversity and sponsoring the TechDiversity awards if you want to support an organisation that is truly advocating and advancing diversity and inclusion in all tech workforces across Australia. Seeing and learning about all the incredible initiatives, organisations and individuals working on advancing DEI within tech through these awards was genuinely inspiring. #partnership #sponsorship #diversityintech #cybersecurity #cyber #dei

Thank you for the mention and feature, Lumina Gold Coast. We are proud to be part of the thriving Cohort Innovation Space community. Being surrounded by a dynamic community of start-ups and other technology professionals is always inspiring. #startups #business #community #goldcoast #cyber #entrepreneurship #businessowners

Is your email domain secure? Securing your email domain is essential for protecting your business against phishing attacks, spam, and other cyber threats. A well-configured email domain enhances email reliability and deliverability, while also helping to build trust with your recipients. To assess the security of your email domain, use our free email domain checking tool. Simply enter your email domain, and the tool will generate a comprehensive report that offers actionable insights to improve your email security. This service is free, does not require registration, and does not collect your data. Email security is vital for protecting your business! #cyber #cybersecurity #emailsecurity #cybertips #dataprotection #phishing #bec #spoofing #itsecurity

How to spot & avoid falling victim to common scams this holiday season: Did you know that scams cost victims almost 3 billion dollars in Australia last year, according to the ACCC’s report on scam activity for 2023? Unfortunately, the holiday season tends to be a peak period for cybercrime. Fraudsters and scammers take advantage of our festive generosity and busy lives, targeting individuals and businesses alike with phishing emails, fake websites, and delivery scams, to name just a few. At Cyber Audit Team, we’ve created a short, practical video to help you stay one step ahead. Whether you’re shopping online or running a business, this video will teach you how to spot common scams so that you can protect your loved ones, your finances, and your business this holiday season. You can access the video here - https://lnkd.in/gjy8Z-43 We wish you a happy and safe holiday season! #seasonalscams #scams #cyberaware #staycybersafe #cybersecuritytips #cybertips #itsecurity #datasecurity #holidayseason

Cyber Audit Team are grateful to the team at the 'On the Defense' podcast and Eftsure for inviting our Managing Director and Founder, Damian Seaton, on the show recently to share his insights on the practical steps SMEs can implement to help safeguard themselves against cybercrime, and effective strategies for investing in cyber security to strengthen their defenses. Thank you for providing this platform to promote awareness and best practices in this critical area. #cyber #cybersecurity #CFO #cyberprotection #itprotection #itsecurity

It brings us immense pleasure to congratulate the graduates of the 4th Cohort of the Cyber Skills Enrichment Program*: Alissa Borg, Belinda L, Kate B., Margeaux P and William Duncan. Graduating from this program is no small feat. It entails substantial commitment, coursework, micro-credentialing and project work designed to equip candidates with the skills and knowledge necessary to succeed in the cyber security industry. Throughout the intensive 12-week program, these graduates undertook comprehensive hands-on training, gaining real-world experience and exposure in areas such as governance, risk and compliance, managed detection and response, security engineering, vulnerability management, customer engagement and much more. They sharpened their technical skills and business acumen and honed their critical thinking abilities. Their commitment and dedication to refining their skills and facing complex challenges head-on is a true testament to their future success in the field, and we commend each of them. It's not just about what they've achieved; it's about the potential they've unlocked in themselves. Each graduate now has the opportunity to make significant contributions to the cyber security industry. We look forward to witnessing the remarkable impact these graduates will undoubtedly make in their careers. Once again, congratulations and best wishes on your upcoming endeavours in this vibrant and dynamic field. A big thank you to our program partner, Griffith University, and our program supporters for their help in bringing awareness to this important program, AWSN - Australian Women in Security Network, ACS (Australian Computer Society), and #TechDiversity *This project received grant funding from the Australian Government. #TechDiversity; #cybersecurity #cyber #cyberauditteam #cyberjobs #graduates #graduatejobs #cyberinternships #defencejobs #AusIndustry

At this time of year, CFOs and finance leaders are often key targets of cybercriminals, who try to catch them off guard during the pre-holiday rush. If you are a CFO or finance leader, we would love to see you on CFO Magazine A/NZ's final Live Webcast for 2024 happening today. During this webcast, the panellists will provide insights, tips, and advice on how you can stay cyber-safe in the lead-up to the holiday season, protecting yourself and your organisation. To join, simply log in at https://lnkd.in/gvBgyUvR Thank you especially to Richard McBride and CFO Magazine A/NZ for including us on the panel. We look forward to joining you all shortly. #CFO #financeleaders #cybersafe #cybersecurity #financetips #cybertips

Cyber Audit Team are grateful to CFO Magazine A/NZ for inviting our Managing Director Damian Seaton MAICD, EMBA to join this crucial conversation alongside Shanna Hall and James Solomons. As we approach the holiday season—a time when cyber threats often escalate—this discussion couldn’t be more timely. Cyber security impacts not just businesses, but every aspect of our personal and professional lives. What’s your biggest cyber security concern as we head into 2025? Let’s start the conversation early!

Cyber Audit Team is incredibly proud to announce that last night Paula Sillars, our Security Operations Manager, won 'Mentor of the Year' at the Australian Information Security Association (AISA) Awards in Melbourne! Paula's dedication to mentoring and supporting the next generation of cyber security professionals inside and outside work is truly inspiring. Although we did not take out the win in the other two categories where we were finalists—'SMB of the Year' and 'Diversity and Inclusion Champion of the Year' for the Cyber Skills Enrichment Program*, our joint initiative with Griffith University—the recognition reflects our team's hard work and dedication, as well as the support from our program partners: #TechDiversity , AWSN - Australian Women in Security Network and ACS (Australian Computer Society). Thank you all; we genuinely appreciate it. We also wish to recognise and thank the candidates who have or are currently participating in the program. Their dedication and passion for improving their cyber security skills and contributions to the program have been awe-inspiring - Zachary Clarke, Robert Greville, Donna G, Cindy J. L., Clare H., Didi Fletcher, Daniel Gollan, Dylan Rayfield, Isaac J., Jack Phythian, Nicko Jay Menecio, Ruan van Aswegen, Tanya T, Lucian Peckham, Maria Rhea Flordeliza, Alissa Borg, Belinda L, Kate B., Margeaux P and William Duncan. The AISA Awards celebrate excellence in security, and we are honoured to be recognised among such outstanding initiatives, individuals and organisations. Congratulations to all the finalists and winners! The Security industry is better for your contributions and leadership. Thank you to AISA for organising the event. It was a wonderful evening. * This project received grant funding from the Australian Government. #CyberSecurity #cyber #Mentorship #WomenInSecurity #DiversityInTech #AWISAwards #CyberAuditTeam #GriffithUniversity