In episode 16 of The SMSF Experts, Shelley is joined by Fraser Jack, founder of the Cyber Collective, as they explore the growing threat of cybercrime targeting the SMSF industry. Shelley and Fraser discuss the alarming techniques cyber criminals use, such as deception, harassment, and hacking, and the importance of protecting client data.

(03:53) - How do you stay in front of Cybercrime?

(05:39) - They aren’t scams, they are crimes.

(08:56) - How should firms respond to ransoms?

(10:54) - Have you seen a ransom payment gone wrong?

(13:45) - What is the likelihood of a data breach within the SMSF industry?

(22:01) - How do you mitigate the remote working risk?

(27:14) - Responsibilities and Legal Implications

(32:32) - The Human Cost of Cyber Scams

(34:36) - Ai and the Future of Cybersecurity

(38:58) - What’s the best or worst scam you’ve seen?

Follow Shelley: linkedin.com/in/shelley-banton-0a903a17

Follow Fraser: linkedin.com/in/fraserjack123

Cyber Collective Website: thecybercollective.com.au

For more episodes and to sign up for the ASF Audits newsletter, please visit asfaudits.com.au