A Sydney hedge fund has collapsed after a cyber attack triggered by a fake Zoom invitation saw its trustee and administrator mistakenly approve $8.7 million in fraudulent invoices.

NSW police are investigating the matter as digital crime experts report a spike in attacks on hedge funds and private equity firms this year, as informal checks were weakened due to staff working at home as a result of the pandemic.

The Australian Financial Review has been told of another fund which lost $25 million in client money from a similar cyber attack, while the trustee for another firm blocked a $1.8 million transfer after the fake invoice was spotted.

Read more at The Australian Financial Review

Source: The Herald Scotland 15 Oct 2020, Victoria Masterson

Picture: Michael Pollitt (left – UK Business Development Manager ) and Shendon Ewans (right – Chief Executive ) at Royal Bank of Scotland head office Gogarburn. Photo by Stewart Attwood

AN AUSTRALIAN fintech company hopes to raise £2 million to fund a UK roll-out after pitching to more than 200 investors in Scotland.

Melbourne-based Gobbill was one of 50 companies pitching yesterday for amounts of between £250,000 and £5 million at the virtual technology investor showcase, Engage Invest Exploit 2020.

Almost 1,000 attendees were registered for the event, around a quarter of them investors from Scotland, the rest of the UK, Europe, North America and Asia-Pacific.

Mr Ewans said Gobbill had increased its monthly recurring revenue in Australia by more than 2,000% in the nine months since January 2020 and was looking to launch in the UK because it had the world’s second highest incidence of fraud and scams after America.

“Payment fraud and scams have grown seven fold in the UK over the last three years,” he said. “But since COVID hit, in the month of March alone it grew something like 400%.”

In March this year, Gobbill was accepted into the NatWest and Royal Bank FinTech Accelerator, which operates from locations across the UK. The company chose to be based out of the network’s Accelerator Hub in St Andrew Square, Edinburgh, but has yet to move in because of the Covid-19 lockdown.

Read more The Herald Scotland

Gobbill is closed on the following Public Holidays

Gobbill is please to be in this year’s Engage Invest Exploit #EIE20 cohort in Edinburgh UK.

Thank you for visiting our EIE20 virtual stand.

The following are resources which you may find useful about Gobbill.

• Download Gobbill’s EIE20 Brochure
• Gobbill in Age Scotland – Scams can impact people of all ages but the over 65s are most at risk. In fact, over five million over 65 in the UK believe they were targeted in one year alone, and 500,000 fell victim to the scammers.

Position title: Customer Service & Accounts Payable (Health Sector)

Based in Melbourne CBD | Permanent Part-time or Casual | Immediate start

Employer: Gobbill Australia Pty Ltd for Aspect Plan Management a division of Gobbill.

Details

Join an amazing and passionate team dedicated to providing excellence in customer care to people with disabilities and their families.

We are looking for an amazing individual who is passionate about helping those in the disability sector (NDIS plan management) to liaise with our clients. The ideal candidate has an understanding of the disability sector and accounts processing experience. The candidate must have excellent soft skills such as listening and empathising, and is process driven.

Aspect Plan Management (aspectndis.com.au) is a registered NDIS provider of plan management services. It is part of Gobbill, a bill payment automation FinTech company which has recently expanded into the NDIS sector providing solutions and is growing.

A lot of this role will be shaped by the right person we find.

Why work with us:

• Part-time permanent or casual role based in Melbourne office.
• Suits a self-driven individual.
• Exciting and growing company in Australia and expending into the UK.

Experience & Skills:
Must have-

• Experienced in customer service, finance and administration or equivalent
• Super communication skills
• Great with numbers and tracking money
• Awesome attention to detail

Desirable –

• Worked in NDIS plan management
• Formal or informal skills in Auslan sign language desired

Qualification: Social work, Community service, Disability and/or Finance, Business, Accounting

All candidates are required to hold relevant working rights in Australia. Working holiday and student visas permitted.
 

Standard 3 months’ probation.

Reporting to: Customer Services Manager

Current requirement is for 20 hours per week.

May increase based on business requirements.
 

How to apply:
Email your CV and Cover Letter to Shendon Ewans ([email protected])
Please incorporate the use of the word ‘wombat’ in your cover letter.

Applications close when the right candidate is found.

For information about employee rights and minimum wages, see the Fair Work Ombudsman website at www.fairwork.gov.au

Sales Manager (Permanent Full-time)

Join an amazing and passionate team dedicated to provide excellence in customer service.

We are looking for a key individual who is passionate about helping those in the disability sector with experience to help us drive sales and generate leads. The ideal candidate has an understanding of the disability sector and is confident in sales. Gobbill is a bill payment automation fintech company which has recently expanded into the NDIS sector (trading as Aspect Plan Management) using its own solution to support NDIS participants.

We are recruiting specifically for sales and lead generation in NDIS plan management.

Why work with us:

• Exciting and growing company resilient to this recession and pandemic.
• Rewarding to see the direct result of growth.
• Helping vulnerable individuals in our community.

Experience & Skills:

• Experienced in Sales and Lead Generation – preferably NDIS plan management.
• Excellent soft skills such as listening and empathising.
• Suits a self-driven individual, process driven and is results oriented.

Qualification: Any of the following: social work, community service, disability, finance, business, arts and more.

All candidates are required to hold relevant working rights in Australia.

Remuneration: Negotiable.

Other details: Standard 3 months’ probation.

Location: 710 Collins Street Docklands VIC 3008

Reporting to: CEO

How to apply: Attention to detail and nous are essential skills.

Please email your CV and Cover Letter addressed to CEO of Gobbill. Please use the word “wombat” in your cover letter.

Applications close when the right candidate is found or 30 Sep 2020.

Tags #sales #customerservice #jobs

The West Australian reported “Heartless scammers steal $100k off WA family as NBN Co issues alert over two new scams targeting residents”

Heartless scammers have ripped off a WA family to the tune of $100,000 amid warnings about two new NBN-related scams aimed at households in the State.

The family was targeted at the same time legitimate NBN Co contractors were working in the area nearby — a tactic reportedly used by scammers to confuse their victims.

NBN Co’s head of state media Jane McNamara said the scam was a variation on one that had come to light recently, in which scammers claimed radiation or harmful UV rays were coming from the computer.

Ms McNamara said another new scam involved residents being sent a fraudulent NBN invoice for payment after being offered an NBN upgrade over the phone.

This week is National Scams Awareness Week (#Scamsweek2020) which Gobbill has been a partner of since 2015.

Gobbill was made in Australia to protect families and small businesses from bill payment fraud.

>>>> Protected yourself from #fraud involving fake invoices by using Gobbill.  https://gobbill.com/signup FREE for households.

Read more

Welcome to the National Scams Awareness Week 2020! 

(Australia and New Zealand)

Gobbill has been a strong supporter in protecting people from against fraud and scams since 2015. We are proud to be a campaign partner for this year’s National Scams Awareness Week. 

Throughout this week, we will be raising awareness of scams and frauds. We will focus on Phishing and Email Compromise. These are two areas of scams that Gobbill has extensive experience in confronting.  

To kick off the week, we have posted a quiz titled ‘Can you spot a scam?’ on our Instagram page.

If you are here to read the explanations, please keep reading.

If you have not done the quiz, hop off this page and come back to this page for the explanations. 

1. Optus – This is a real email bill from Optus. Optus does send from cloudmails.net and they do personalised the email to the account holder.   
2. ANZ –This is a Scam. The sender anzhost.org is fake and the email is not personalised. 
3. DocuSign – This is a Scam. An email from DocuSign will have the sender’s email and details above the general text. Tricky one!   
4. Xero – This is a real email and invoice. The email is from the correct sender and the email is correctly personalised to the recipient.  As a scammer, this would be one of the easiest to use; to change the link or attachment and have something quite malicious for the victim.

How did you go? Scam emails or texts can look extremely authentic and convincing through replicating legitimate messages from trusted senders. 

These scams often feature official looking logos and emails and a ‘call to action’ to open a malicious link or share personal information. That’s why Gobbill has developed automated checks of domains, links and much more over the last 5 years. Gobbill fetches and/or opens attachments safely so you don’t have to.  

We do this for all Australian billers including telcos, councils, utilities and many more. 

We process payments to over 40,000 billers with over 1m+ Australians already having access to Gobbill’s payment platform.

For more information, contact us at: https://gobbill.com/contact/ 

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:

• ATO will never send a message asking you to access their services via a URL.  
• Sign in anytime to your myGov accounts to check updates on tax affairs 
• For extra protection on your myGov account, enable two-factor authentication (2FA). This can be accessed by signing into your myGov account and turning the feature on in ‘Account settings’ 
• If you see a suspicious myGov email or SMS with a URL, email: [email protected]. 
• If you have clicked a link on a myGov email or SMS and entered your details, contact: Services Australia on 1800 941 126. 

For more information visit: https://www.cyber.gov.au/

New research from the Take Five to Stop Fraud campaign by UK Finance has revealed eight in ten (80 per cent) people in UK would feel embarrassed if they fell for a financial scam.