array(1) { [0]=> &object(stdClass)#4226 (52) { ["id"]=> string(5) "15380" ["title"]=> string(39) "Protecting yourself against cyber crime" ["alias"]=> string(38) "protecting-yourself-against-cybercrime" ["introtext"]=> string(232) "

According to Professor Asha Rao, while many individuals don’t consider their data “important” enough to feel vulnerable to cyber security threats, it’s precisely that attitude that is preyed upon by cyber criminals.

" ["fulltext"]=> string(1228) "

The associate dean of mathematical sciences at RMIT University joins host Grace Ormsby on this episode of The nestegg Podcast to discuss the recent cyber attacks affecting the Australian government, the importance of remaining vigilant around cyber security, and the common scams that people should be wary of.

Professor Rao explains how automated technology makes cyber crime more profitable, why the pandemic has increased our exposure risk to such threats, and what to do if you think you’ve compromised your cyber security.

Thanks Professor Rao, for sharing your insights with the nestegg podcast team!

Have an investment story to share? Get in touch at [email protected] and you might get featured on the next episode.

" ["checked_out"]=> string(1) "0" ["checked_out_time"]=> string(19) "0000-00-00 00:00:00" ["catid"]=> string(3) "302" ["created"]=> string(19) "2020-07-01 02:22:01" ["created_by"]=> string(4) "2394" ["created_by_alias"]=> string(0) "" ["state"]=> string(1) "1" ["modified"]=> string(19) "2020-07-01 04:27:48" ["modified_by"]=> string(4) "2394" ["modified_by_name"]=> string(10) "Tasha Levy" ["publish_up"]=> string(19) "2020-07-01 03:07:05" ["publish_down"]=> string(19) "0000-00-00 00:00:00" ["images"]=> string(225) "{"image_intro":"images\/podcasts\/Asha_Rao_Web.jpg","float_intro":"","image_intro_alt":"Professor Asha Rao","image_intro_caption":"","image_fulltext":"","float_fulltext":"","image_fulltext_alt":"","image_fulltext_caption":""}" ["urls"]=> string(121) "{"urla":false,"urlatext":"","targeta":"","urlb":false,"urlbtext":"","targetb":"","urlc":false,"urlctext":"","targetc":""}" ["attribs"]=> string(655) "{"article_layout":"","show_title":"","link_titles":"","show_tags":"","show_intro":"","info_block_position":"","info_block_show_title":"","show_category":"","link_category":"","show_parent_category":"","link_parent_category":"","show_associations":"","show_author":"","link_author":"","show_create_date":"","show_modify_date":"","show_publish_date":"","show_item_navigation":"","show_icons":"","show_print_icon":"","show_email_icon":"","show_vote":"","show_hits":"","show_noauth":"","urls_position":"","alternative_readmore":"","article_page_title":"","video_url":"","channel_id":"UCLBR-2LtTtui_WiRuEfW3qA","sent":"0","readingDiff":"3","canonical_link":""}" ["metadata"]=> string(68) "{"robots":"","author":"","rights":"","xreference":"","metatitle":""}" ["metakey"]=> string(22) "protecting, cybercrime" ["metadesc"]=> string(200) "According to Professor Asha Rao, while many individuals don’t consider their data “important” enough to feel vulnerable to cyber security threats, it’s precisely that attitude that is preyed" ["access"]=> string(1) "1" ["hits"]=> string(3) "162" ["xreference"]=> string(0) "" ["featured"]=> string(1) "0" ["language"]=> string(1) "*" ["readmore"]=> string(4) "1228" ["ordering"]=> string(1) "0" ["category_title"]=> string(7) "Podcast" ["category_route"]=> string(17) "resources/podcast" ["category_access"]=> string(1) "1" ["category_alias"]=> string(7) "podcast" ["published"]=> string(1) "1" ["parents_published"]=> string(1) "1" ["lft"]=> string(2) "82" ["author"]=> string(10) "Tasha Levy" ["author_email"]=> string(31) "[email protected]" ["parent_title"]=> string(9) "Resources" ["parent_id"]=> string(3) "300" ["parent_route"]=> string(9) "resources" ["parent_alias"]=> string(9) "resources" ["alternative_readmore"]=> NULL ["layout"]=> NULL ["params"]=> object(Joomla\Registry\Registry)#4227 (3) { ["data":protected]=> object(stdClass)#4224 (94) { ["article_layout"]=> string(14) "momentum:newne" ["show_title"]=> string(1) "1" ["link_titles"]=> string(1) "1" ["show_intro"]=> string(1) "0" ["info_block_position"]=> string(1) "0" ["info_block_show_title"]=> string(1) "1" ["show_category"]=> string(1) "1" ["link_category"]=> string(1) "1" ["show_parent_category"]=> string(1) "0" ["link_parent_category"]=> string(1) "0" ["show_associations"]=> string(1) "0" ["flags"]=> string(1) "1" ["show_author"]=> string(1) "1" ["link_author"]=> string(1) "0" ["show_create_date"]=> string(1) "0" ["show_modify_date"]=> string(1) "1" ["show_publish_date"]=> string(1) "1" ["show_item_navigation"]=> string(1) "1" ["show_vote"]=> string(1) "1" ["show_readmore"]=> string(1) "1" ["show_readmore_title"]=> string(1) "1" ["readmore_limit"]=> string(3) "100" ["show_tags"]=> string(1) "0" ["show_icons"]=> string(1) "1" ["show_print_icon"]=> string(1) "1" ["show_email_icon"]=> string(1) "1" ["show_hits"]=> string(1) "1" ["record_hits"]=> string(1) "1" ["show_noauth"]=> string(1) "0" ["urls_position"]=> string(1) "0" ["captcha"]=> string(0) "" ["show_publishing_options"]=> string(1) "1" ["show_article_options"]=> string(1) "1" ["save_history"]=> string(1) "1" ["history_limit"]=> int(10) ["show_urls_images_frontend"]=> string(1) "0" ["show_urls_images_backend"]=> string(1) "1" ["targeta"]=> int(0) ["targetb"]=> int(0) ["targetc"]=> int(0) ["float_intro"]=> string(4) "left" ["float_fulltext"]=> string(5) "right" ["category_layout"]=> string(14) "momentum:newne" ["show_category_heading_title_text"]=> string(1) "1" ["show_category_title"]=> string(1) "1" ["show_description"]=> string(1) "0" ["show_description_image"]=> string(1) "0" ["maxLevel"]=> string(2) "-1" ["show_empty_categories"]=> string(1) "0" ["show_no_articles"]=> string(1) "1" ["show_subcat_desc"]=> string(1) "1" ["show_cat_num_articles"]=> string(1) "0" ["show_cat_tags"]=> string(1) "1" ["show_base_description"]=> string(1) "1" ["maxLevelcat"]=> string(2) "-1" ["show_empty_categories_cat"]=> string(1) "0" ["show_subcat_desc_cat"]=> string(1) "1" ["show_cat_num_articles_cat"]=> string(1) "1" ["num_leading_articles"]=> string(2) "14" ["num_intro_articles"]=> string(1) "0" ["num_columns"]=> string(1) "0" ["num_links"]=> string(1) "0" ["multi_column_order"]=> string(1) "0" ["show_subcategory_content"]=> string(2) "-1" ["show_pagination_limit"]=> string(1) "0" ["filter_field"]=> string(4) "hide" ["show_headings"]=> string(1) "1" ["list_show_date"]=> string(9) "published" ["date_format"]=> string(0) "" ["list_show_hits"]=> string(1) "0" ["list_show_author"]=> string(1) "1" ["orderby_pri"]=> string(4) "none" ["orderby_sec"]=> string(5) "rdate" ["order_date"]=> string(9) "published" ["show_pagination"]=> string(1) "2" ["show_pagination_results"]=> string(1) "1" ["show_featured"]=> string(4) "show" ["show_feed_link"]=> string(1) "1" ["feed_summary"]=> string(1) "0" ["feed_show_readmore"]=> string(1) "0" ["sef_advanced"]=> int(1) ["sef_ids"]=> int(1) ["custom_fields_enable"]=> string(1) "1" ["show_page_heading"]=> NULL ["layout_type"]=> string(4) "blog" ["menu_text"]=> int(1) ["menu_show"]=> int(1) ["secure"]=> int(0) ["page_title"]=> string(14) "Superannuation" ["page_description"]=> string(7) "nestegg" ["page_rights"]=> NULL ["robots"]=> NULL ["page_heading"]=> string(14) "Superannuation" ["access-view"]=> bool(true) } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["displayDate"]=> string(19) "2020-07-01 03:07:05" ["slug"]=> string(44) "15380:protecting-yourself-against-cybercrime" ["catslug"]=> string(11) "302:podcast" ["link"]=> string(57) "/resources/podcast/protecting-yourself-against-cybercrime" ["image"]=> string(32) "images/podcasts/Asha_Rao_Web.jpg" ["image_alt"]=> string(18) "Professor Asha Rao" } }

Latest Podcast

Protecting yourself against cyber crime...

Resources

There is $17.5 billion in lost and unclaimed super across ...

Retirement

Is my superannuation safe from coronavirus?

By Grace Ormsby

March 10 2020
Share

Retirement

Is my superannuation safe from coronavirus?

By Grace Ormsby
March 10 2020

The Barefoot Investor has spoken out in response to the large number of Australians currently asking: Is my superannuation safe?

Is my superannuation safe from coronavirus?

By Grace Ormsby

March 10 2020
Share

The Barefoot Investor has spoken out in response to the large number of Australians currently asking: Is my superannuation safe?

Super funds are reporting an increase in members contacting them to inquire as to whether their retirement savings are going to be OK.

According to comparison website CHOICE, the consensus from experts is not to panic at the impact of the coronavirus on the sharemarket.

It’s a stance also advised by the Barefoot Investor, Scott Pape.

He considers it a “bad idea” to try to move your super around to counter any impacts from the coronavirus.

“If you look at history, these tragedies impact people, but they’re short-term health crises, not long-term financial crises. In the long term, we know the sharemarket goes up,” he said.

Looking to previous public health crises such as Ebola, SARS and swine flu, the sharemarket has historically rebounded strongly, it was outlined.

You should still be reviewing your risk strategy

Despite repeated calls against panicking, Mr Pape is of the opinion that now is as good a time as any to be reviewing your risk strategy.

CHOICE has reiterated the accepted wisdom “that younger people can have their super invested with a more high risk/high return strategy when retirement is some way off and they’re still accumulating retirement savings”.

For those who have already built up their retirement savings and are in a later stage of life, a more conservative approach (with less exposure to shares) might make more sense.

For this cohort, “you don’t want to be the person exiting the market just after a crash”.

“Should you be doing anything with your super?” Mr Pape has reflected.

“Yes.”

But should it be in reaction to the coronavirus?

“No, it should be about making sure you have the appropriate risk for your age and your risk tolerance,” he urged.

The Barefoot Investor advises that anyone who is approaching retirement should build up a “cash buffer” to keep some of their nest egg out of the way of market volatility.

And for anyone who is under 40, Mr Pape said they can “be cheering the market going down”.

“The stock market’s on sale and we know the stock market always goes higher,” he said.

Stay up to date with the latest coronavirus market news with nestegg's dedicated real-time updates here.

Forward this article to a friend. Follow us on Linkedin. Join us on Facebook. Find us on Twitter for the latest updates

Rate the article

About the author

Grace Ormsby

Grace is a journalist on Momentum Media's nestegg. She enjoys being able to provide easy to digest information and practical tips for Australians with regard to their wealth, as well as having a platform on which to engage leading experts and commentators and leverage their insight.