October is Cyber Security Awareness Month and Securexchange describes themselves as the property industry’s answer to fighting cyber-fraud.
Today, Securexchange won the prestigious Australian Business Award for New Product Innovation, highlighting the need for law firms, conveyancers and real estate agents to be aware of the risks of cybercrime and what they need to do to keep themselves and their clients safe.
The Australian Business Awards recognise world-class business initiatives, projects, products and services.
The award recipients are the elite of their industry earning a place amongst a distinguished group.
Securexchange, powered by InfoTrack, is designed to stop the need to share account details and important property documentation via unsecured SMS and emails.
This is the second time Securexchange has been recognised as an award-winning innovative technology, taking home the AFR’s Top 10 Most Innovative Technology in August 2019.
“We are delighted Securexchange has been recognised once again as innovative for Australian businesses,” Head of Securexchange, Lee Bailie said.
“We developed it to help our clients navigate digital challenges and it has proved invaluable during COVID-19.
“This award comes at a good time. October is Cyber Security Awareness Month and Securexchange provides a safe and secure environment for lawyers, conveyancers and real estate agents to sign and exchange electronic Contracts of Sale as well as share account information and transfer property funds.”
Over the last 12 months, the Australian Cyber Security Centre (ACSC) received reports of cybercrime every 10 minutes.
In just 17 days between March 10 and 26, at the height of the COVID-19 pandemic, the ACSC received complaints for over 45 pandemic-focused scams alone.
The most common category of cybercrime reported in Australia was fraud (39.9 per cent), followed by identity-related crimes (32.4 per cent) and cyber abuse (22.1 per cent).
InfoTrack has also won the Australian Business Awards for Employer of Choice and Service Excellence.
This is the fourth year running InfoTrack has won the ABA for Employer of Choice. This strengthens InfoTrack’s position as a great place to work after being ranked in the Top 25 Great Places to Work in July.
This is InfoTrack’s third time winning the Service Excellence award.
These three awards reflect InfoTrack’s position as Australia’s leading legal tech innovator, Mr Bailie explained
“We are excited to be awarded these honours and promise to keep building smart technology that makes our client’s lives more productive and efficient.”
Note about Promoted Content: The promotion of this article has been paid for (‘promoted content’).
