Masterchef Finalist in Australia Defrauded, Homeless Following Hack
In a tragedy befalling an erstwhile contestant of MasterChef who was defrauded off A$250,000 in a hacking incident, she along with family is now homeless as the hackers stole the amount from her home sale proceeds getting processed on the just launched property transfer arrangement, online in Australia. The said arrangement runs under the ownership of state governments and big banks of Australia.
The contestant Dani Venn, who had reached MasterChef's final round, woke up on June 24 to get awestruck hearing the theft of her money amounting A$250,000 or NZ$269,423 when her rururban property near Melbourne City was being settled. The theft confirmed to Ms. Venn was possible after hackers had compromised the account of her conveyancer.
The bank where Ms. Venn transacted, the Commonwealth Bank -it managed freezing $138K of the total money, however, the hacker skillfully pounded over the remainder. Ms. Venn said the $110K lost was irrecoverable. Smh.com.au posted this, June 24, 2018.
To no knowledge of Venn as well as her conveyancer company Sargeants Knox Conveyancing, the sale money was shifted into the bank account of a fraudster following intruders accessing the e-property transfer A/C of the conveyancer in the name of being another user of that A/C.
The criminals in a refined way hacked into the fresh e-property transfer mechanism running under PEXA (Property Exchange Australia). It is likely the fraud would affect the company's proposed listing of an amount A$1bn-and-more on Australia continent's stock exchange.
Ms. Venn is now a lucky recipient of many offers of non-chargeable accommodation and money too that both strangers and friends have made following a report by Fairfax Media about the current situation she is facing as well as its GoFundMe web-page started to enable her get help.
Meanwhile CBA is aware about the matters in connection with PEXA while it has started an urgent probe. The agency is cooperating with the appropriate officials in answering their queries.
Presently, there are exchanges and transactions of innumerable land titles on PEXA's system whose owners are state governments, NAB, CBA, the ANZ, Macquarie Bank, Westpac and Paul Little, developer of private property and equity.
» SPAMfighter News - 7/2/2018
We are happy to see you are reading our IT Security News.
We do believe, that the foundation for a good work environment starts with fast, secure and high performing computers. If you agree, then you should take a look at our Business Solutions to Spam Filter & Antivirus for even the latest version of Exchange Servers - your colleagues will appreciate it!