Gobbill is pleased to announce that we have teamed up with NAB to fight against scams and fraud.
Photo of Dr. Paul O’Keefe, Practice Owner of Premier Health Partners
Paul is a small business owner who has overseen the growth of his clinic from humble beginnings to what is now a fully multi-disciplinary medical clinic, combining osteopathy with general practice, physiotherapy, myotherapy, clinical psychology, dietetics and remedial/sports massage.
As his practice grew, Paul was spending more time and energy on managing his accounts payable. Instead of closing up for the day and spending time with his family, he would be sorting out admin. Paul heard about Gobbill from one of his patients. Since signing up and using it for a while, here’s what he has to say:
“Gobbill takes the stress out of bill payments for my business. Once the account is setup everything is totally automated. I just email bills to my Gobbill account and I know they’ll be digitised and paid on time and that Gobbill will check for any duplicate or fraudulent bills. Every few weeks I log in and sync bills to Xero, and that’s my whole accounts payable process done as simple as that.
Gobbill has saved me heaps of time and makes bill payment so easy. It’s a part of my business I don’t even think about anymore, you just set and forget it and know everything is being done right. I would recommend Gobbill to other business owners out there looking for a solution to their accounts payable process.”
By automating the accounts payable aspect of his business using Gobbill, Paul has been able to save time and effort on admin which he has estimated to be around $30,000 per annum. It helps him to manage his cashflow with maximum control and minimal effort.
Many business owners using Gobbill have saved up to 70% of their time spent and around $30,000 per annum on managing their accounts. These include medical health clinics, osteo/physio clinics, dental clinics and more.
Find out more about how Gobbill can help your business, contact Tonisha at [email protected] or visit gobbill.com
The Australian Criminal Intelligence Commission boss Michael Phelan claims that 15-20% (~$5Bn) annually in National Disability Insurance Scheme (NDIS) funding could be fraud. In June 2022, the NDIS paid out $27Bn for the year. As tax payers, we expect the funding to support participants of the scheme who are the most vulnerable in our community.
Gobbill as a registered NDIS provider, supports thousands of participants, nominees and their providers by facilitating valid NDIS claims and payments. We use our technology to prevent and detect fraud – hence protecting the NDIS budgets of our clients with disabilities.
A joint investigation by 60 MINUTES, The Sydney Morning Herald and The Age, has found that the NDIS money has proven an irresistible magnet for criminals. It’s a sad reality of life that some truly awful people walk among us. However, the title of “most despicable” must surely go to members of the organised crime networks who have been targeting vulnerable Australians in order to rip off the National Disability Insurance Scheme.
The NDIS is wanting to invest in an ability to detect, prevent and respond to fraud and non-compliant behaviour as the Scheme continues to grow.
Gobbill is an Australian FinTech company and registered NDIS Provider able to reduce fraud and waste. To find out more about Gobbill, contact us https://gobbill.com/contact/
To read more on Nine Network: https://9now.nine.com.au/60-minutes/organised-crime-networks-targeting-vulnerable-australians/aef7079e-a7e7-4106-82ed-08fdd0838f39
Image from 60 Minutes
Australians lost over $851 million to scams in 2020, a record amount, as scammers took advantage of the pandemic to con unsuspecting people, according to the ACCC’s latest Targeting Scams report released today.
“Unfortunately scammers continue to become more sophisticated and last year used the COVID-19 pandemic to scam and take advantage of people from all walks of life during this crisis.” stated ACCC Deputy Chair. “Victoria, which was significantly impacted by the second wave of the virus, recorded the highest losses nationwide for the first time and Victorians reported $49 million in losses to Scamwatch, more than double those in 2019.”
Health and medical scams increased more than 20 fold compared to 2019, accounting for over $3.9 million in losses.
Phishing activity also thrived during the pandemic, especially through government impersonation scams. There were over 44,000 reports of phishing scams, representing a 75 per cent increase.
Gobbill continues to protect small businesses and households from scams and fraud throughout Covid. Join Gobbill today to have the confidence that you have cyber protection from fraudsters.
Source ACCC June 2021 https://www.scamwatch.gov.au/news-alerts/scammers-capitalise-on-pandemic-as-australians-lose-record-851-million-to-scams
Andrea Hammond wanted to buy a Tesla 3 electric vehicle for good reasons but hackers intercepted Tesla’s company invoices and changed the bank details. Andrea together with another Tesla customer have collectively lost more than $130,000 after receiving fraudulent Tesla invoices. It is not clear at what point in the chain the emails with payment details were hacked.
Both customers are calling for Tesla to offer more secure payment options and for banks to improve checks on transactions.
Gobbill CEO Shendon Ewans said “Payment redirection fraud has been growing exponentially with more victims like Andrea being hit by scammers.” Mr. Ewans and co-founder Quentin Marsh started Gobbill as secure bill payments for family and friends which has grown to become a scale-up company over 5 years. Gobbill which is an Australian FinTech / Cyber Security company which has invested millions in research and development to protect business owners and individuals from scams and fraud.
Find out more about how Gobbill can protect you from payment fraud. https://gobbill.com
Source and photo from ABC News. Read more about the Tesla scam at ABC News
The Australia taxation office has received reports that myGov related SMS and email scams are targeting Australians. The increased SMS and email scams coincide with tax time where millions of Australians are accessing and engaging with myGov services.
What do the scams look like?
These myGov related scams looks as if they have been sent from a myGov or ATO email address. Scammers utilise technology that allows emails to be sent in a similar way to conversation threads sent by myGov or ATO messaging.
The call to action in the email is to click a link that asks for your personal details for ‘verification purposes.’ The official advice from ATO is ‘DON’T click any links’ and ‘DON’T provide the information requested.’
Example of a scam message from the Australia Cyber Security Centre. Source: https://www.cyber.gov.au/acsc/view-all-content/alerts/increasing-reports-mygov-related-sms-and-email-scams-targeting-australians
How to protect yourself from myGov related scam:
If a scam email or SMS is delivered to you, do not open the links or provide any personal details or information requested.
Remember:
For more information visit: https://www.cyber.gov.au/
| 07/04/2020 Police Arrests following Invoice Fraud NSW Police last week arrested and charged two men over their alleged involvement in a $2.6 million Business Email Compromise (BEC) scam syndicate. The scam involved sending altered invoices to businesses who unknowingly paid the scammers into their accounts. One of the men is believed by police to be the leader of the syndicate and faces charges related to directing a criminal group. Police allege he gained more than $1.6 million, and unsuccessfully tried to gain nearly another $1 million through email scams from mid-2018 until early this year. Commander of the NSW Cybercrime Squad, Matthew Craft, said cybercrime presents “a unique challenge for law enforcement”. “These arrests are a timely reminder for all individuals and businesses to have strong cyber security measures in place for protection,” Craft said. “During this investigation, officers uncovered a criminal network targeting hard-working Australian businesses through a series of sophisticated email scams,” Det Supt Craft said. Police charged three other people last year in relation to the same investigation. Business email compromise scams Business email compromise (BEC) scams – where finance staff are deceived into paying fake invoices –are becoming increasingly common. In 2018 alone, it was estimated that Australian businesses lost more than $60 million from this type of scam. An ice rink in Sydney’s South West fell victim to a BEC scam earlier this year after receiving changed payment details for a new ice resurfacer it was purchasing, transferring $77,000 into an unknown Hungarian bank account. Currently, the COVID-19 outbreak is creating a new set of challenges for businesses trying to shore up their cyber defences. There has been a rise in the number of coronavirus-related scams in recent weeks. With many Australian businesses trying to operate remotely to help encourage social distancing, networks could be more vulnerable as they are spread away from centralised IT systems. How can you protect your business? The Australian Cyber Security Centre has a list of strategies to mitigate the effects of cyber-attacks during the COVID-19, but one of the simplest steps business owners or accountants/bookkeepers can take to reduce their risk is to implement Gobbill as their accounts payable solution. Gobbill is a simple, affordable bill payment automation and fraud protection tool that protects users from scams like Business Email Compromise. Our unique Know Your Biller process checks every document before it is scheduled to be paid, and intervenes to stop payment of any bills which are suspicious or have been tampered with. Plans start from $25 per month, with a free 1 month trial on our small business plan. To arrange a demo contact [email protected] or call 0444 599 715. Source Articles: https://ia.acs.org.au/article/2020/police-arrest-men-over–2-6m-email-scam.html https://www.infosecurity-magazine.com/news/australians-arrested-over-26m/ |
| 27 March 2020 What’s happened? The Australian Cyber Security Centre (ACSC) is aware of a significant increase in Australians being targeted with COVID-19 related scams and phishing emails. In the last three months, the ACSC and the Australian Competition and the Consumer Commission’s (ACCC) Scamwatch has received over 140 reports from individuals and businesses across Australia. These phishing emails are often sophisticated, preying on people’s desire for information and imitating trusted and well-known organisations or government agencies. Clicking on these malicious links or visiting fake websites may automatically install computer viruses or malware and ransomware onto your device, giving cyber criminals the ability to steal your financial and personal information. These scams are likely to increase over the coming weeks and months and the ACSC strongly encourages organisations and individuals to remain alert. Here are some examples of what to look out for now: Example 1: SMS phishing scam messages offering where to get tested for COVID-19 or how to protect yourself In these examples, the SMS appears to come from ‘GOV’ or ‘GMAIL’, with a malicious link to find out where to get tested in your local area. Scamwatch and the ACSC is also aware of a SMS scam using the sender identification of ‘myGov.’ These scam messages are appearing in the same conversation threads as previous official SMS messages you may have received from myGov. Example 2: COVID-19 phishing email impersonating Australia Post to steal personal information Under the pretence of providing advice about travelling to countries with confirmed cases of COVID-19, this phishing email aims to trick you into visiting a website that will steal your personal and financial information. Once they have your personal information, the scammers can open bank accounts or credit cards in your name, often using these stolen funds to purchase luxury items or transfer the money into untraceable crypto-currencies such as bitcoin. Example 3: Phishing emails pretending to be an international health sector organisation This is an example of one COVID-19 themed phishing email where the sender is pretending to be a well-known international health organisation. The email prompts you to click on the web link to access information about new cases of the virus in your local area, or to open an attachment for advice on safety measures to prevent the spread. Example 4: Phishing emails containing malicious attachments In this example, the phishing email is pretending to be from the World Health Organization and prompts you to open an attachment for advice on safety measures to prevent the spread of COVID-19. When opened, the attached file contains malicious software that automatically downloads onto your device, providing the scammer with ongoing access to your device. Example 5: COVID-19 relief payment scam Scammers are also sending phishing emails targeting an increasing number of Australians that are seeking to work from home, wanting to help with relief efforts or requiring financial assistance if they find themselves out of work. In this example, the email offers recipients $2,500 in ‘COVID-19 assistance’ payments if they complete an attached application form. Opening the attachment may download malicious software onto your device. How do I stay safe?The ACSC has produced a detailed report, including practical cyber security advice that organisations and individuals can follow to reduce the risk of harm. You can read the report and protect yourself by following these simple steps:Read the message carefully, and look for anything that isn’t quite right, such as tracking numbers, names, attachment names, sender, message subject and hyperlinks.If unsure, call the organisation on their official number, as it appears on their website and double check the details or confirm that the request is legitimate. Do not contact the phone number or email address contained in the message, as this most likely belongs to the scammer.Use sources such as the organisation’s mobile phone app, web site or social media page to verify the message. Often large organisations, like Australia Post, will have scam alert pages on their websites, with details of current known scams using their branding, to watch out for.If you’ve received one of these messages and you’ve clicked on the link, or you’re concerned your personal details have been compromised, contact your financial institution immediately. More informationIf you’ve suffered financial loss from cybercrime, report it to ReportCyber at www.cyber.gov.au/report. Visit cyber.gov.au for advice to help businesses stay secure from cyber threats, whilst managing a remote workforce. To stay up to date on the latest online threats and how to respond, sign up to the Stay Smart Online Alert Service, www.staysmartonline.gov.au/alert-service. More advice and support is available on our Get help page. For information on the COVID-19 pandemic, visit https://www.health.gov.au The information provided here is of a general nature. Everyone’s circumstances are different. If you require specific advice you should contact your local technical support provider. Feedback Thank you to those subscribers who have provided feedback to our Alerts and Newsletters. We are very interested in your feedback and where possible take on board your suggestions or requests. Disclaimer This information has been prepared by the ACSC. It was accurate and up to date at the time of publishing. This information is general information only and is intended for use by private individuals and small to medium sized businesses. If you are concerned about a specific cyber security issue you should seek professional advice. The Commonwealth and all other persons associated with this advisory accept no liability for any damage, loss or expense incurred as a result of the provision of this information, whether by way of negligence or otherwise. Nothing in this information (including the listing of a person or organisation or links to other web sites) should be taken as an endorsement of a particular product or service. Please note that third party views or recommendations included in this information do not reflect the views of the Commonwealth, or indicate its commitment to a particular course of action. The Commonwealth also cannot verify the accuracy of any third party material included in this information. More details: https://www.staysmartonline.gov.au/alert-service/widespread-reports-covid-19-malicious-scams-being-sent-australians |
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Gobbill is pleased to announce that it has been accepted into the prestigious NatWest and Royal Bank FinTech Accelerator.
With major locations across the UK, our current base will be the Royal Bank of Scotland – Accelerator Hub, St Andrew Square, Edinburgh.
The programme offers coaching, investment strategy review and alignment to the bank(s), we look forward to working closely with Royal Bank & NatWest, which provides a range of entrepreneurship support.
About the NatWest and Royal Bank of Scotland Fintech Accelerator
The bank offers its Fintech Accelerator as part of its Entrepreneurship initiative to those that focus on the financial technology sector respectively.
https://www.business.rbs.co.uk/business/business-services/entrepreneur-accelerator.html