• 10 - Email Fraud Court Case - Who pays?

  • Jan 29 2025
  • Length: 29 mins
  • Podcast

10 - Email Fraud Court Case - Who pays?

  • Summary

  • This cyber security podcast discusses an email fraud attack on an Australian business that cost $190,000.

    • A Business Email Compromise attack on a Mobius, an electrical contractor in Western Australia. They crafted emails to Inoteq, a contractor to Rio Tinto and $235,400 was paid into a hackers account ;
    • Mobius took Inoteq to the District Court in Perth.
    • What was the finding and why did the Court make it's ruling?

    This podcast has a range of lessons for SMEs looking to protect their finances and looking at some of the legal aspects of this surprising court decision.

    Check out the free ACSC Essential 8 self assessment audit tool. After completing the audit, you will be have a bespoke action plan, based on your type of business and your current security measures to achieve the right ACSC Maturity Level for your business.

    Cyber Security 4 Small Business is a set of resources to help small business owners understand the Cyber Threat and be able to defend their network in the most cost-effective way possible.

    We believe that 95% of Cyber Security and Cyber Resilience can be achieved through good systems administration and good processes, without all the expense of engaging cyber security experts.

    Check out the show notes for this episode.

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