Intelligent CIO APAC Issue 21 | Page 10

NEWS

Australians hit hard by scam activity from cybercriminals

Australians lost more than AU $ 34 million to all types of scams in January 2022 according to the latest figures from the Australian

Competition and Consumer Commission ’ s ( ACCC ) Scamwatch .
Investment scams were the most financially damaging type of scam in January costing Australians AU $ 21 million , more than double the amount lost in the same month last year .
This figure is up more than 50 % compared to the start of 2021 , but down from the AU $ 43 million in losses reported in December 2021 , which was a record month for losses itself last year . There were 21,110 scams reported to the ACCC in January , an increase of 45 % from the previous month .
Adrian Covich , Senior Director at Proofpoint , said : “ While it is promising to see a decline in the amount lost to scams compared to the end of 2021 , looking at the statistics from the same period last year highlights just how successful scammers have become at stealing from hard-working Australians .
“ Last year was a record-breaking year for scams with more than AU $ 323 million in losses and 286,000 reports according to Scamwatch .
“ With scammers and cybercriminals continuously reinventing their tactics and finding new ways to exploit Australians for financial gain , there is every chance we will see these statistics continue to rise this year .”

Palo Alto Networks introduces industry ’ s most complete SASE solution for MSPs

automation , requiring manual configuration and support for disparate products and API models .
Solving this challenge , Palo Alto Networks has introduced new innovations for Prisma SASE specifically designed for MSPs , including a hierarchical multitenant cloud management portal and open API framework .
Prisma SASE ’ s new highly flexible , cloud-based management portal with hierarchical multitenancy capability uses granular role-based access control ( RBAC ) - that MSPs have lacked until now - to provide the flexibility to manage multiple customers with different needs while providing control across a customer ’ s entire SASE services lifecycle .

Managed service providers ( MSPs ) have struggled to deliver SASE services cost-effectively at scale because current SD-

WAN and secure access solutions for the hybrid work force lack
“ MSPs need to deliver consistent , best-in-class secure access solutions for hybrid workforce and SD-WAN services to customers at the lowest possible TCO . Until now , that has been extraordinarily difficult ,” said Anand Oswal , Senior Vice President , Network Security at Palo Alto Networks . “ With Prisma SASE for MSPs , we are able to further deliver on the promise of a secure enterprise with ultimate ease of use , for both our managed service provider partners and their customers , and most importantly help address their unique network security and SD-WAN requirements .”
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