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There has been a jump in malicious cyber activity since the outbreak of the COVID-19 crisis, and small and medium sized businesses are not immune. The Australian Cyber Security Centre has advice on how SMEs can better protect themselves.
Fraudsters are on the rise, distributing misinformation and fake safety advice, sometimes with malware, requesting personal data and trying to convince people to perform financial transactions, often through fake COVID-19 cures.
Russian hackers, who specialise in stealing money from banks, have focused their attention on Australian financial institutions. The group, known as Silence, have been threatening to launch Denial of Service (DoS) attacks unless ransoms are paid.