logo
Sydney's Fendi store hit by thieves in ram raid

Sydney's Fendi store hit by thieves in ram raid

7NEWS16-07-2025
Sydney's Fendi store has been targeted by thieves in the early hours of Wednesday morning, who rammed the shopfront with a stolen car before taking off with luxury handbags.
A stolen grey Lexus was used to smash into the upmarket store, which sits at the intersection of Elizabeth and Market Street. Thieves targeted the shop at about 3.45am, police have said.
The thieves quickly looted the store, taking off with a number of the brand's cheaper handbags.
The lower priced handbags retail for around $3000, while higher-end bags retail for $7000.
The thieves fled the store in a stolen white BMW, with the NSW registration number NCA59A, and a grey Audi S3, with the registration number, DMR81V.
The shop was cordoned off by police with significant damage done to the storefront. Shattered glass remained over the footpath, as well as the Lexus used in the ram raid.
The smash-and-grab follows a number of luxury stores being targeted in Melbourne by a crime ring. David Jones, Fendi. Burberry, and Dior were all targeted.
Arrests were made in April this year, with the value of the theft at $1.2 million.
'Checks have now confirmed the two vehicles driven from the scene were stolen during a break-in at a home in Kingsford overnight,' a police statement read.
Anyone with information about the incident is urged to contact Crime Stoppers on 1800 333 000.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

High-end heist: Australians caught up in Louis Vuitton data breach
High-end heist: Australians caught up in Louis Vuitton data breach

Sydney Morning Herald

time6 hours ago

  • Sydney Morning Herald

High-end heist: Australians caught up in Louis Vuitton data breach

'The Louis Vuitton breach is just the latest in a string of cyber incidents for the sector, with big names like Tiffany, Dior, Adidas, Victoria's Secret and Cartier disclosing incidents since just April. Ransomware group ShinyHunters is likely behind some, but not all of these.' Loading ShinyHunters, which was formed in 2020 and named after a Pokemon, has claimed credit for some of the most significant data breaches globally, affecting millions of people including Australians. It hasn't yet claimed responsibility for the Louis Vuitton breach. 'ShinyHunters' MO is stealing large datasets. Often, they sell these datasets to other criminals; sometimes, they leak them as a publicity stunt,' Mansted said. She said CyberCX was seeing far fewer businesses in Australia, and globally, pay ransoms to cybercriminals. The criminals aren't stopping, however, but are instead operating in sectors and places more willing to pay ransoms or changing their service offerings. Some are reverting to stealing and selling data to make money. 'The retail sector is in a sweet spot for cybercriminals,' she said. 'The sector hasn't faced the same regulatory pressure to uplift cyber maturity as banks, telcos and other critical providers. But at the same time, it holds huge consumer datasets. These datasets are highly valuable – whether transacted by powerful data brokers, or unlawfully on the dark web by criminals. 'The high-end retail heist also highlights a growing problem confronting all businesses: third-party cyber risk. We're still understanding these incidents, but it's very possible that the source of at least some of these breaches is a third-party vendor commonly used across the sector.' Australian companies now face fines of up to $50 million for serious breaches of the Privacy Act, after high-profile data breaches affected Optus and Medibank customers. The Office of the Australian Information Commissioner was contacted for comment. The latest breach comes after 5.7 million Qantas customers had their information accessed by hackers this month, including information on frequent flyer accounts, addresses and food preferences. The airline said last week it had found no evidence yet of stolen data being released, but it was 'actively monitoring'. Cybersecurity researcher Jamieson O'Reilly said while no passwords or financial data had been taken, the scope of stolen Louis Vuitton data still presented significant opportunities for exploitation. 'That is especially true when the breached entity is a high-profile luxury brand with a highly engaged and brand-loyal customer base,' he said. Jamieson, who runs cybersecurity consultancy DVULN, said he had already noticed online chatter and victim reports indicating that Louis Vuitton customers had received phishing emails impersonating the company. 'Notably, this email referenced a known artist, Clara Bacou, who previously published conceptual NFT artwork for Louis Vuitton back in 2021,' he said. Loading 'Anyone who searched the artist's name would find legitimate links tying her to Louis Vuitton, giving the email a false sense of authenticity. Combined with accurate customer data from the breach, the setup is precise enough to fool even security-aware recipients.' He said it was highly likely that threat actors are already using the stolen data for nefarious purposes. 'While breaches are frequent, that does not make them acceptable,' he said.

High-end heist: Australians caught up in Louis Vuitton data breach
High-end heist: Australians caught up in Louis Vuitton data breach

The Age

time6 hours ago

  • The Age

High-end heist: Australians caught up in Louis Vuitton data breach

'The Louis Vuitton breach is just the latest in a string of cyber incidents for the sector, with big names like Tiffany, Dior, Adidas, Victoria's Secret and Cartier disclosing incidents since just April. Ransomware group ShinyHunters is likely behind some, but not all of these.' Loading ShinyHunters, which was formed in 2020 and named after a Pokemon, has claimed credit for some of the most significant data breaches globally, affecting millions of people including Australians. It hasn't yet claimed responsibility for the Louis Vuitton breach. 'ShinyHunters' MO is stealing large datasets. Often, they sell these datasets to other criminals; sometimes, they leak them as a publicity stunt,' Mansted said. She said CyberCX was seeing far fewer businesses in Australia, and globally, pay ransoms to cybercriminals. The criminals aren't stopping, however, but are instead operating in sectors and places more willing to pay ransoms or changing their service offerings. Some are reverting to stealing and selling data to make money. 'The retail sector is in a sweet spot for cybercriminals,' she said. 'The sector hasn't faced the same regulatory pressure to uplift cyber maturity as banks, telcos and other critical providers. But at the same time, it holds huge consumer datasets. These datasets are highly valuable – whether transacted by powerful data brokers, or unlawfully on the dark web by criminals. 'The high-end retail heist also highlights a growing problem confronting all businesses: third-party cyber risk. We're still understanding these incidents, but it's very possible that the source of at least some of these breaches is a third-party vendor commonly used across the sector.' Australian companies now face fines of up to $50 million for serious breaches of the Privacy Act, after high-profile data breaches affected Optus and Medibank customers. The Office of the Australian Information Commissioner was contacted for comment. The latest breach comes after 5.7 million Qantas customers had their information accessed by hackers this month, including information on frequent flyer accounts, addresses and food preferences. The airline said last week it had found no evidence yet of stolen data being released, but it was 'actively monitoring'. Cybersecurity researcher Jamieson O'Reilly said while no passwords or financial data had been taken, the scope of stolen Louis Vuitton data still presented significant opportunities for exploitation. 'That is especially true when the breached entity is a high-profile luxury brand with a highly engaged and brand-loyal customer base,' he said. Jamieson, who runs cybersecurity consultancy DVULN, said he had already noticed online chatter and victim reports indicating that Louis Vuitton customers had received phishing emails impersonating the company. 'Notably, this email referenced a known artist, Clara Bacou, who previously published conceptual NFT artwork for Louis Vuitton back in 2021,' he said. Loading 'Anyone who searched the artist's name would find legitimate links tying her to Louis Vuitton, giving the email a false sense of authenticity. Combined with accurate customer data from the breach, the setup is precise enough to fool even security-aware recipients.' He said it was highly likely that threat actors are already using the stolen data for nefarious purposes. 'While breaches are frequent, that does not make them acceptable,' he said.

‘Seduced by his personality': The fall of a finance fraudster
‘Seduced by his personality': The fall of a finance fraudster

AU Financial Review

time20 hours ago

  • AU Financial Review

‘Seduced by his personality': The fall of a finance fraudster

Investors say Linden Toll was 'charming' and 'charismatic'. The Sydney Grammar boy, law student and one-time Macquarie futures trader certainly looked the part. He owned houses in Bowral, the highlands district that's become 'Sydney's Hamptons', drove a $130,000 BMW, and favoured clothes from premium New Zealand label Rodd & Gunn. Toll and his family holidayed in Maui and Byron Bay with his rugby league hero Gorden Tallis. A keen golfer, he also sat on the Bowral Golf Club board.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store