Australian Information Security Incident Reported: October 25 2017

Property buyers are warned to verify trust account information before transferring money, after two South Australian conveyancing clients were scammed out of nearly $1 million.

“The cyber scammers are intercepting emails and changing the bank account details that go to the client” –  Australian Institute of Conveyancers South Australian CEO Rebecca Hayes

Source: Email scammers steal almost $1 million from SA property buyers by posing as conveyancers – ABC News (Australian Broadcasting Corporation)