ASIC news stories

Compliance
Businesses not adopting reasonable care standard for security
One of the most serious disconnects between CISOs and other business leaders is their approach to the reasonable care standard for security and resiliency, Wavelink says.

Scams
Investment scams a 'heartbreaking' reality as Australians lose millions
So far in 2018 Australians have lost more than $26 million to investment scams. Already monthly losses have increased 117% since last year.

Reseller
Reseller pleads guilty to stealing from vulnerable rural Australians
Jackson Temi Anni has been sentenced to 18-months imprisonment for lying about products and taking money directly from consumers' bank accounts.

Malware
New year rings in scams in the guise of Suncorp, MYOB, and ASIC emails
MailGuard has already detected three different email scams targeting Australians this year.

Phishing
Large-scale ASIC scammer targets Australian businesses
Scammers are posing as the Australian Securities and Investments Commission (ASIC) Registry to get money and personal information.