COVID-19 shining the spotlight on cyber security

Business, Journal,  Principals
David Willett, General Manager, IT Security at PEXA

The outbreak of COVID-19 has changed the way we interact and work with one another – both now and in the foreseeable future.

While social distancing requirements and lockdowns nationwide have forced us to adapt, it’s been wonderful to see the collaboration and embracing of digital solutions within our industry, ensuring citizens can settle property in spite of the circumstances.

But as Australians continue to navigate this online phase, there’s a key area in which we must remain vigilant – our cyber security.

Cyber-crime statistics

  • A cyber attack occurs every 39 seconds1. (Varonis)
  • Cyber security incidents cost Australian businesses an estimated $29 billion every year2. (Australian Cyber Security Centre)
  • In 2019, phishing was the primary method used by hackers to scam Australian businesses, with reported losses of more than $1.5 million, almost doubling those experienced in 2017 and 20183.(Australian Competition and Consumer Commission)

 

Currently, individuals are spending less time in their offices and more time working remotely, with heavier reliance on “access anywhere” cloud-based services.

These tools provide teams and companies with great flexibility, enabling the transmission of information and documents on any internet-enabled device.

But while businesses safeguard their data with rigorous security measures, the work-from-home boom means employees are more likely than ever to be accessing potentially sensitive information on devices that do not have the organisation’s protective measures in place.

Experience counts! Get your full real estate licence with RPL.

What should organisations consider in order to protect their employees and information?

  • Have a strategy for which cloud services your business needs and ensure you have paid for enterprise-level accounts (if possible) with your chosen services – ensuring you get the cloud provider’s full suite of protection.
  • Make sure your staff know what your preferred services are and take steps to ensure they use only these to manage your business or clients’ information.
  • Enable MFA for any solution you have that can be accessed anywhere on the internet.
  • Operate your company devices with a full suite of security protection deployed, including anti-virus, up to date operating systems and browsers.
  • Avoid communicating confidential and sensitive information via email. For example, home buyers and sellers, and their property lawyers, can use PEXA Key to communicate account information for settlement. This mitigates their risk of email phishing and ensures a secure property settlement, guaranteed.

Staying alert is even more critical in the COVID-19 climate, which is proving an attractive proposition for would-be criminals.

As recently as 19 June, the Australian Government informed the public it was responding to a sophisticated, state-based cyber attack.

This targeted organisations across a range of sectors, including all levels of Government, industry, political organisations, education, health, essential service providers and operators of other critical infrastructure.

In addition, the Australian Cyber Security Centre (ACSC) confirmed it has observed an increase in COVID-19 themed malicious cyber activity.

This is a period in which people are constantly seeking information – and this specific, heightened demand for COVID-19 updates is being preyed upon by criminals.

The benefits of being able to work remotely and stay connected digitally are significant – but this flexibility must not compromise security.

With our workforce poised to become more digitally dependent in the months and years ahead, the COVID-19 cyber crime spike should serve as a timely reminder of the need to ensure due-diligence.

Step up your game! Upgrade to a full real estate licence.

Enrol Today

Here’s what others have to say

I found the REIQ Real Estate Licence Online Training Course was very good, easy to access, with brilliant course materials to read and assignments that really checked on your understanding of the details of every aspect of real estate practise. I enjoyed the course even though it took a few months due to working full time and found the support of the trainers and assessors very helpful and encouraging. Thanks REIQ Training team for helping me through!
Lindy Lear
Lindy Lear
10:47 18 Oct 20
Gerry MacKenzie
Gerry MacKenzie
06:53 12 Oct 20
Good course. Materials and tools given to finish the course easily. Was no problem to finish. Support is there if needed it.
Jade Dodds
Jade Dodds
09:11 09 Oct 20
I would like to share with you our experience that we have recently had through the REIQ Professional Development Team.We have had an awesome start to 2020 thanks to the great service provided by the REIQ Professional Development Team. Congratulations to Liz who started and finished her Certificate of Registration Course with the REIQ in December 2019. She loved the training, particularly the fact the trainers are experienced and still walk the talk and are active in real estate. Fast turnaround for marking of the assessments with help on hand by way of tutoring if needed meant she could get the Application to Office of Fair Trading for her registration happening quickly. We are thrilled, from start to finish with the course and application to Fair Trading she had her Certificate of Registration within 5 weeks. Really impressed with the training, help and support team REIQ gave Liz and the quick processing time by the Office of Fair Trading.We also regularly use the Property Management Support Service and General Agency Advice Service and believe it offers great value for our membership. The PMSS team provide practical advice by practising property management professionals who can relate to the everyday challenges property managers face.Keep up the good work Team REIQ,
RE/MAX Ignite
RE/MAX Ignite
05:56 21 Jan 20
I cannot recommend REIQ enough. The training, environment & staff were beyond my expectations. A special mention for Rachael who is a trainer at REIQ. Rachael knows her stuff. Her knowledge of the industry and style of delivery helped me get across the line and score my dream job.
Paul Conway
Paul Conway
05:11 15 Jan 20
I wasnt sure that I would get through the Agents and Licence course with everything I had on, made an attempt a year ago with another provider that went totally pear shaped but the REIQ course is structured in a way that made sense. While all of their trainers are experts in their field, they offer onsite student support on Tuesdays with Rachel providing the right advice and reassurance to get you there, even if you havent studied for a while. If you've ever wanted a career in Real Estate this is where you get started!
Lynette Nitson
Lynette Nitson
01:48 13 Jan 20
Great staff that are always helpful.
Kensington Ràpoza
Kensington Ràpoza
11:20 28 Dec 19
Great friendly environment
David Priest
David Priest
22:47 19 Nov 19
Very impressed with the trainers that I have had for the past 3 days. Each individual trainer was very helpful and made sure that everyone in the class understood everything before we progressed through the modules.
Shannon Goldsworthy
Shannon Goldsworthy
04:34 23 Oct 19
Recently completed my Licence course and thoroughly enjoyed the in-class tutorials taught by highly professional trainers with many years of industry experiences. The student support that is available every Tuesday is an extremely helpful resource, again with very experienced trainers to ensure you get the right advice the first time. REIQ has really structured the entire full Licence course end to end thoughtfully, especially when you’re new to this industry. Highly recommended!
Julian Phua
Julian Phua
07:01 02 Oct 19
Recently I completed the Real Estate Licensing course at REIQ and was blown away by the help and support provided by Ms. Connie McKee who is a trainer at REIQ. Connie is very professional and has years of knowledge and work experience in the Real Estate Industry.I am glad I chose REIQ as my pathway into the Real Estate Industry.
Kaizan Irani
Kaizan Irani
00:23 30 May 19
Helpful staff. Useful networking events and training videos.
Eagle Real Estate
Eagle Real Estate
02:27 25 Jul 18
Just done two days interactive training with Melissa Sullivan. Sensational! Such a great presenter and electric delivery of material. Quick paced and hands-on!Very glad to have been in this class!!! Awesome
Miles Griffiths
Miles Griffiths
07:01 26 Jun 18
Jason Bond
Jason Bond
10:29 19 Jun 18
Welcoming and friendly staff, always available to support their members. The Property Management Support Team is particularly helpful. Well worth the subscription fees just to have access to advice from these experienced practitioners.
Laura Valenti
Laura Valenti
21:29 16 Jun 18
Haydn Denovan
Haydn Denovan
02:51 20 Mar 18
Jacqui McKeering
Jacqui McKeering
02:01 08 Mar 18
Proud to be a member of such a prestigious organisation. Thank You for the support 🏡
Jamie Smith
Jamie Smith
07:28 07 Mar 18
Blake Richard
Blake Richard
01:34 05 Mar 18
Tina Nenadic
Tina Nenadic
12:57 02 Mar 18
Michelle Wright
Michelle Wright
04:07 26 Feb 18
Rob Honeycombe
Rob Honeycombe
21:51 16 Dec 17
Annette Jeffs
Annette Jeffs
14:43 23 Nov 17
Adam Milton
Adam Milton
01:52 22 Nov 17
Katie Cotton
Katie Cotton
10:04 31 Oct 17
Liam Hanlon
Liam Hanlon
12:06 05 Sep 17
Had Melissa Sullivan conducting the sales registration course for the past two days I have to say I think this woman is inspiring she kept the class focused and engaged throughout the two days. I dont normally complete surveys but felt that I wanted to share that this lady has inspired me to give sales ago and I never thought i would say that as i have been a PM and honestly never thought I could see myself as a sales agent... Thanks Mel for such a great two days
Karen Riddell
Karen Riddell
07:04 03 Aug 17

YOU MAY ALSO LIKE

Subscribe