eCommerce News Australia logo
The latest digital commerce news for Aussie businesses
Story image

January promises rise in ransomware, Business Australia offers 7 top tips

By Catherine Knowles
Fri 7 Jan 2022

Following an alarming rise in cyber attacks against Australian businesses, experts are warning that January is a prime time for ransomware attacks, Business Australia states.

Cyber attacks are up 30% in the last six months as cyber criminals exploit the pandemic and a remote and the ongoing pressure of remote working.

Experts are warning Australian small businesses owners to ensure their business is we'll set up in 2022 to avoid being a primary target for cyber crime.

Business Australia general manager products Phil Parisis says Australian small businesses can be easy targets with SMEs accounting for nearly half of all cyber crime incidents.

He says, "Research shows that business owners are aware of cyber crime, but they are just not prepared - 90% of attacks are still successful due to human error.

"We often hear from businesses that I'm just a small law firm, a building company, why would anybody target me? The reality is that cyber criminals don't necessarily target you.

"Mostly you become an accidental victim of a large, broad scale phishing attack. Then all it takes is one employee to make a mistake and it triggers an interest in your business.

"Attackers are also incredibly creative at playing on human emotions, creating links someone is most likely to click. We've seen a huge increase in phishing campaigns that revolved around trending topics like coronavirus vaccines.

"It's the easiest way to infiltrate a business and hold it hostage and there are TikTok videos showing exactly how this is done within minutes."

Business Australiaa's seven practical steps for businesses to prevent a cyber attack in 2022 are as follows.

Create a human firewall: Building a human firewall or educating yourself and employees is the most effective way of preventing a cyber attack.

Protect your passwords: It’s critical that passwords are not easy to guess. It might be worth considering a password manager and a multi-factor authentication, providing a second wave of authentications.

Beware of public Wifi: Logging on to a public Wifi is one of the easiest ways to get hacked. If you, or members of your team, are working remotely, a safer option hot spotting to their phone.

Careful with what you buy: Cheap cables for iPhone charges have been found to have malware from, best to go with store approved products.

Upgrade your software: Ensure all your devices operating systems are upgraded regularly. These will include recent security patches.

Consider insurance: Cyber insurance doesn't reduce the risk; it reduces the financial impact of a cyber attack. It can also help a business recover faster.

Update business policies and procedures: Ensure your business processes are up to date to protect, prevent and recover from any suspicious behaviour.

Business Australia has launched Business Australia Cyber, specially designed to help small businesses learn how to spot cyber risks and prevent attacks with a Cyber Security Health Check.

Related stories
Top stories
Story image
eCommerce
Record number of Australians shopped online over last year
Pattern has released new research showing that in the last twelve months, a record number of Australians made a purchase online, spending AUD $62.3 billion.
Story image
Environment
Lenovo launches CO2 Offset Service for SMBs across A/NZ
Lenovo has announced the rollout of a new, first-of-its-kind CO2 Offset Service for SMBs across Australia and New Zealand. 
Story image
Gartner Magic Quadrant
Spryker named Gartner Visionary in 2022 Magic Quadrant for Digital Commerce
Spyker has announced it has been recognised by Gartner as a Visionary in the 2022 Magic Quadrant for Digital Commerce.
Story image
Cryptocurrency
Exclusive: Koinly makes it easy to invest in the crypto market
Koinly is a cryptocurrency tax software platform and crypto portfolio tracker used by hundreds of thousands of crypto investors and accountants globally.
Story image
Retail
AU retailers rate their states for doing business
Retailers are optimistic about economic conditions and potential for business success in their own states, despite the current economic climate. 
Story image
consumers
Data protection: How SMEs can secure online consumers’ trust
Consumers believe how a company treats their data reflects how they treat their customers, according to a new survey.
Story image
eCommerce
Online shoppers leaving cart because of high shipping costs - report
New research commissioned by HUBBED reveals 90% of online shoppers abandoned a cart due to high shipping costs, and 64% say the lack of security was a purchase deterrent.
Story image
Economics
9 in 10 retailers prepared for economic challenges this year
Some 9 in 10 retailers (86%) are prepared for continued inflation, higher interest rates and potentially lower consumer spending, according to new research.
Story image
Marmalade
Exclusive: Marmalade empowers businesses to take control of their cash flow
Marmalade has been making waves in the invoicing space across Australia with its world-first invoice payments platform.
Story image
Ransomware
Big business in cryptocurrencies and cybercrime
As of June this year, about a quarter (26%) of Australians considered cryptocurrency as a good investment, and over 36% have at one point considered buying cryptocurrency as an investment.
Story image
Cybersecurity
Workday completes IRAP and gains FedRAMP authorisation
Workday has completed the Information Security Registered Assessors Program (IRAP) assessment at the Protected level, allowing its customers to process data in compliance with IRAP guidelines.
Story image
Phishing
Akamai research finds PayPal security measures utilised in new phishing scam
New research from Akamai has found that a new threat actor is parasitising benign WordPress sites to execute an extensive PayPal phishing scam.
Story image
Forrester
SAS is a leader in anti-money laundering - Forrester
The latest Forrester report revealed that SAS received the highest score in the anti-money laundering category of 15 vendors.
Story image
Artificial Intelligence
Oracle unveils AI-powered application to automate sales
Oracle has unveiled the next generation of Fusion Sales, an application that automates sales and identifies the opportunities worth pursuing.
Story image
Remote Working
Sana Commerce builds online ordering portal for Food & Dairy Co
B2B eCommerce platform Sana Commerce says Sydney wholesaler Food & Dairy Co has gone live with its ERP integrated ordering portal.
Story image
Digital Transformation
Common challenges in the evolving digital world, and how to overcome them
Five technology challenges that will help highlight potential pain points and suggest how to circumvent or overcome them on the path to a smooth digital transformation.
Story image
KICKS CREW
KICKS CREW selects Forter to help scale global eCommerce operations
KICKS CREW has selected Forter to help scale its global digital commerce operations.
Story image
SaaS
OpenText launches new solutions on Salesforce AppExchange
Included in this latest launch is OpenText Core Content, a Content Services platform that customers can leverage to effectively manage their content.
Story image
Customer experience
Exclusive: How Accenture is changing the customer experience game
Creating highly personalised real-world customer experiences using API, near-field communication, and spatial technology is about taking a traditional experience and elevating the customer journey into a digital world.
Story image
Tablets & laptops
Chromebook and tablet shipments see another rapid decline for the year
According to research from Canalys PC Analysis, Chromebook and tablet shipments have fallen for the fourth quarter in a row for Q2 of 2022.
Story image
Customer experience
BillingPlatform introduces new enhancements to revenue management services
Some of the new developments include hosted payment pages, and new and updated connectors to Salesforce, NetSuite, OneSource, Avalara and other enterprise systems.
Story image
Cryptocurrency
Koinly, Cointree announce crypto tax partnership
"As the cryptocurrency space continues to rapidly grow in Australia, this partnership cements their commitment to crypto investors financial literacy."
Story image
Fintech
SC Ventures launches fintech startup for retail banking
SC Ventures has launched Appro, a fintech startup, to simplify the retail banking user journey, aiming to foster greater efficiency in application processes for retail banking products.
Story image
Accounting
Eightcap to use BlackLine system to support financial close
Global CFD Eightcap is using BlackLine's recently launched Modern Accounting Playbook (MAP) to support financial close.
Story image
Customer
Airwallex launches an online payments app on Shopify
Airwallex has launched an online payments app on Shopify, allowing merchants to integrate a gateway plugin on their online store to accept payments from their global customers.
Story image
ShopBack
Forter and ShopBack enhance partnership to further prevent fraud
Forter and ShopBack have enhanced their partnership with the addition of better eCommerce security solutions for customers.
Story image
Google Cloud
Google Cloud achieves certified strategic status in Australia
Google Cloud says it has reached certified strategic status for cloud services under the Australian Government's Hosting Certification Framework.
Story image
Payroll
Fintech software allows employees to access wages before payday
Paytime is a tech platform that plugs into payroll software allowing employees to access a portion of their earned pay before payday.
Story image
Recession
1 in 3 SMEs say they wont survive 6 months into a recession
34% of Aussie SMEs would not survive more than 6 months of economic downturn, with 14% unable to survive a recession at all.  
Story image
Small Business / SMB
Business Australia unveils new identity after rebranding
Business Australia has rebranded to My Business with a new logo, brand positioning campaign and visual identity culminating in an online platform.
Story image
Enterprise Resource Planning / ERP
Exclusive: SYSPRO on how ERP plays a role in Australia's manufacturing investment plan
While there is a significant drive for change, it's really down to execution, and businesses need to be prepared to find the right strategies for them to make full use of the government support.
Story image
Sustainability
Visa launches Eco Benefits solutions in Australia and NZ
Eco Benefits is a suite of sustainability-focused solutions that will help Visa cardholders better understand the environmental impact of their payments.
Story image
Employment
Australia's technology jobs boom continues - report
Australian tech job numbers continue to grow, with over 1.2 million people expected to be working in the sector by 2027.
Story image
Microsoft
Infobip’s SMS and WhatsApp services are now available through Microsoft
Infobip has integrated its WhatsApp and SMS channels through Microsoft Dynamics 365 Sales and Microsoft Dynamics 365 Marketing.
Story image
Data
Consumers will stop doing business over data practices
“Data privacy remains a concern for consumers when it comes to sharing their information with an online retailer with an unclear view of privacy laws."
Story image
Apps
Freshworks integrates with Google's Business Messages
"The integration with Freshworks makes it fast and easy for businesses to have conversations with their customers within the Google apps."
Story image
Cybersecurity
eCommerce fraud increasing pressure on businesses margins
It is vital for businesses to maximise the value of every dollar by turning away as many fraudulent actors as possible without blocking good customers."
Story image
Social Media
ActiveCampaign reveals consumers seek trusthworthy content
Consumers will engage with new brands across all channels, including online, in-store and social media, as long as the content is relevant and trustworthy.
Story image
Printers
Comedy legend Jimeoin fronts Epson advertising campaign in NZ and Australia
According to Epson the company’s EcoTank models now account for 74% of all printers sold in the category in New Zealand, alone.
Story image
Artificial Intelligence
Cyara rolls out comprehensive, automated chatbot feature
Cyara has unveiled new chatbot testing features with the latest release of Cyara Botium, creating a solution for comprehensive, automated chatbot testing and assurance.
Story image
Cloud
Sitecore caters to modern marketing teams with CMS cloud launch
"Sitecore's move towards a composable SaaS offering for creating and delivering digital experiences is in line with what marketing teams are looking for.”
Story image
CRM
Forrester names Pega a Leader in CRM Solutions 2022 report
Forrester Research has named Pega a Leader among 11 competitors in The Forrester Wave: Core CRM Solutions, Q3 2022 report.