Dear valued subscriber,
We love technology but hate when it doesn't work the way it should.
The frustration builds when computers seem to take an eternity to boot up or download that link you've clicked on.
But what's worse is cybercrime.
The numbers are staggering. According to the Australian Cyber Security Centre more than 13,500 incidents of cybercrime committed against Australians have been reported in the last three months.
That's about one every 10 minutes. It could just be the tip of the iceberg given experts believe many crimes go unreported, either because the victims are too embarrassed, often the case in romantic scams, or aren't even aware what has occurred.
The annual cost of cybercrime to Australian business has been estimated at just under $30 billion or about five per cent of this year's Federal budget spending.
Losses average out about $700 per victim although individual losses above $50,000 are far from rare.
Attacks like this are hard to predict but the majority of assaults are much simpler - these are the online assaults and real time frauds committed against individuals hundreds of times a day. One of the most common of these is "phishing", the sending of links to malicious websites in emails shotgunned to tens of thousands of users. In some cases the scam can be as simple as pretending to be a bank, a government agency or even the tax office and asking for account log in details.
The most surprising statistic to emerge from the ACSC's most recent report, released as part of "Stay Smart Online Week", is the age range most affected.
According to the ACSC survey on which the report was based, two-thirds of victims were aged between 25 and 34. Of these about 94 per cent were male. One of life's great mysteries has to be why so many 25 to 34-year-olds, who you would expect to be the most computer-literate generation ever, fall for this type of thing. These are, after all, the people who grew up with the world wide web. While there are no magic bullets to make this problem go away, the individual remains the first and last line of defence.
The south-west racing industry is in turmoil again after Yangery trainer Jarrod McLean was this week suspended indefinitely. Almost a year ago he was on top of the racing world after claiming his first group one triumph on the biggest stage during the Melbourne Cup carnival. But his career is now in tatters. He, along with Melbourne Cup-winning trainer Darren Weir, Weir's former stable employee Tyson Kermond and former jockey Billy Hernan, both of Warrnambool, were hit with police charges this week.
Then Racing Victoria opened an inquiry into the activities of the three locally-based men and after all refused to answer any questions, they were suspended indefinitely.
Then yesterday there was a shocking development. The timing couldn't be worse for the sport as the spring carnival kicks into gear.
The uplifting story of the week was the inspirational fightback of young Warrnambool stroke survivor Jasmine West.
Movies about music stars are popular this year. For your chance to win one of 10 double passes to see the new movie about one of the greatest voices of our time, Pavarotti, click here.
Pavarotti is an in-depth look at the life, career and lasting legacy of the musical icon, who sold more than 100 million records in his lifetime.
Until next week