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Digital transformation without proper policies, practices and tech implementations can lead to disaster, example from
#PEXA. https://www.brisbanetimes.com.au/business/companies/a-simple-cut-and-paste-let-cyber-criminals-steal-homes-worth-millions-20180629-p4zogn.html … -
A simple cut and paste let cyber criminals steal homes worth millions https://www.smh.com.au/business/companies/a-simple-cut-and-paste-let-cyber-criminals-steal-homes-worth-millions-20180629-p4zogn.html …
#melbre#pexa -
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#PEXA will always be tainted by its unconscionable conduct that has come straight from the big banks’ corporate playbook. Total disregard for the interests of customers, dishonest denial of responsibility and shifting of blame to the customer. SHAME! -
The real problem with
#PEXA and their treatment of the Venns is not the hack itself, appalling as that was. It was the disgraceful and unconscionable behaviour of PEXA in trying to cover up the failure of THEIR system while still punishing the Venns. -
Following on the recent fraud case involving a PEXA settlement in Victoria, the Registrar General has issued this statement: http://ow.ly/5Dwf30kGqnK
#AICNSW#PEXA pic.twitter.com/I3RzIT3DPn
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How do you avoid internet financial transactions these days?
#PEXA#conveyancers -
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Positive news this afternoon as PEXA announces consumer guarantee.
#pexa#property#realestate @ Fox Stevens Conveyancing https://www.instagram.com/p/BkhaHpGhcRn/?utm_source=ig_twitter_share&igshid=fdcuzkxk0y1m … -
Can we all please stop calling
#PEXA a hack.#cyber#infosec#CyberSecurity#DataBreach#compromisedcredentials -
In light of PEXA’s recent hacking, the LIV feels the e-transfer system is not sufficiently robust. Nearly 600 conveyancers have signed a petition to delay its rollout http://bit.ly/2KggxQA –LIV
#auslaw#conveyancing#PEXA -
#PEXA#REALESTATE#CONVEYANCING#SETTLEMENT#Homeseller#Homesale Doing more research. My concern is the exposure to#Fraud#Hacker customers may be exposed to & ability to recover loss.#bankingroyalcommissionpic.twitter.com/ia30coGwEA
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#PEXA#conveyancing#Realestate#Settlement Thia is a worry especially as it is becoming a mandatory platform for conveyancing in some Australian states. Masterchef star homeless after hackers steal $250k from house salehttps://www.9news.com.au/national/2018/06/26/19/40/masterchef-contestant-dani-venn-home-sale-hack-pexa … -
@PEXA_AUSTRALIA needs to fix#Pexa -
The conveyancer has the responsibility to check the destination bank details not
#PEXA. Blame is with the conveyancer But your story said very little about them - didn’t even name them! -
@PEXA_AUSTRALIA do you have MFA enabled? If not, you are GUILTY!#pexa -
Generally any system processing money (and especially those that allow to transfer huge amounts) should have similar security mechanisms to online banking: MFA, notifications, transfer limits, second-hand auth and fraud detection. Basic threat modelling
#pexa https://twitter.com/gszathmari/status/1011093791673991169 … -
Australian MasterChef Star Left Homeless as Hacker Intercepts $270,000 for Home Purchase Transfer via
#PEXA System http://bit.ly/2InLPyT#cybercrime#infosecpic.twitter.com/f1Jbqzgui3
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What a joke.
#PEXA fails to deliver but responsibility is borne by the vendor.#con#allcarenoresponsibility How is that#PEXA can fail in its service delivery but not be accountable? Looking forward to their IPO. -
Online property transfer system
#PEXA was set up by 4 state governments and 4 banks. Imagine: large amounts of $ flying around for property settlements. Can you see a problem here? Yep, it’s been hacked & $$$ stolen. Who's surprised? https://tinyurl.com/ycgg85fb
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