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Australians have lost over $300,000 to rental and accommodation scams this year, an increase of 76 per cent compared to the same time last year.

The ACCC has launched a podcast series for this year’s National Scams Awareness Week to provide Australians with tips on how to protect their personal and financial details from scammers.

Data from the ACCC’s annual Targeting Scams report, released this week, indicates scammers don’t discriminate and are targeting a range of different communities in Australia.

Business email compromise scams caused the highest losses across all scam types in 2019 costing businesses $132 million, according to the ACCC’s Targeting Scams report.

Australians lost over $634 million to scams in 2019, according to the latest figures in the ACCC’s Targeting Scams report released today.

Australians should be aware scammers are adapting existing technology to play on people’s fears around coronavirus and selling products claiming to prevent or cure the virus.