Despite drop in encounters. Although there has been an overall fall in scam encounters – three out of five consumers (59 per cent) were found to have been targeted by a tech support scammer in the last 12 months, a drop from 64 per cent in 2018. One out of…
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Scammers pretend to be from banks, government organisations, police, and computer and IT support. During 2021 scammers stole more than A$7.2 million from Australians by gaining access to home computers, an increase of 184 per cent compared to the same period last year. According to the Australian Consumer Competition Commission’s…
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Scammers capitalise on pandemic. Australians lost over A$851 million to scams in 2020, a record amount, as scammers took advantage of the pandemic to con unsuspecting people, according to the Australian Competition and Consumer Commission’s (ACCC) latest Targeting Scams report. The report compiles data from Scamwatch, ReportCyber, other government agencies…
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Combined losses reported totaled A$128 million in 2020. Payment redirection scams were the most financially damaging scams for Australian businesses in 2020 according to the Australian Competition and Consumer Commission’s (ACCC) latest Targeting Scams report. Combined losses reported to Scamwatch, other government agencies, banks and payment platforms totaled A$128 million…
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The CALD community represented a 60 per cent increase compared to 2019, across 11,700 reports. In Australia culturally and linguistically diverse community lose $22 million to scams in 2020, reports from Indigenous Australians up by 25 per cent, reports the Australian Competition and Consumer Commission (ACCC). “Last year we saw…
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Total amount cheated was S$254.3 million, which is a 64.3 per cent increase compared to 2019 In a reply to Parliamentary Question on how the police tracks its performance in investigating and solving crimes involving online scams, K Shanmugam, Minister for Home Affairs and Minister for Law stated police have…
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ACCC issues warning over rise in fake Australian Government impersonation. Australians are being urged to watch out for government impersonation scams with over AU$1.26 million lost from more than 7100 reports made to Scamwatch so far this year and in reality, losses are likely to be far greater. There has…
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Fireye says threat example of latest COVID-19 related espionage The Vietnamese Government has come out and denied it was behind phishing emails targeting the Chinese city of Wuhan and China’s Ministry of Emergency Management. According to Reuters Vietnam’s Foreign Ministry said the reports from Fireye, were “baseless”. “The accusation is…
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