People are being warned that the latest email scam doing the rounds -claiming to be an email from ASIC around your company details - actually hides malicious malware that paves the way for ransonware to be executed on your computer remotely. 

This is the second large-scale fraud email purporting to be from ASIC in recent times.

Ransomware is by definition:

"a type of malicious software designed to block access to a computer system until a sum of money is paid."

Although ransomware is usually aimed at individuals, it's only a matter of time before business is targeted as well.

Is this particular scam, that would have been received by tens of thousands of people was they arrived at work for their Monday morning, tan email claiming to be from the Australia Securities and Investment Commission (ASIC), asking recipients to renew their company name and instructs them to click a link to do so.

Things to be aware of....

  • The email contains the government coat of arms and ASIC logo
  • It appears to contain a fake email signature attributed to Max Morgan - Senior Executive Leader at ASIC. No such employee appears to exist
  • The domain name - asic-gov-au.co differs from the real ASIC domain name: asic.gov.au

We urge you to read the full details on the MAILGUARD website by clicking here.

***Information with thanks to Mailguard