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Businesses must account for EOFY scams

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But the period also presents abundant opportunities for cyber criminals to launch scams.

“For most companies it’s a question of when – not if – your organisation will experience a cyber attack.”

Busy professionals facing an influx of calls, messages and emails around EOFY are often under pressure to act on things quickly, potentially overlooking inconsistencies or unusual requests in correspondence. This creates the perfect environment for scammers to hijack communication and gain unauthorised entry to business networks and systems.

Ever growing reliance on technology and digitised business processes further increases the risk, despite the convenience and efficiency, expanding the digital ‘attack surface’ available to cyber criminals.

For most companies it’s a question of when – not if – your organisation will experience a cyber attack.

In recent times, scammers have turned their attention to business email…

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