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…Spot social media scams: National Consumer Fraud Week 2017 … Australians to help them ‘spot social media scams’. []During this year’s National Consumer Fraud Week (15 - 19 May), Scamwatch is providing advice to Australians to help them ‘spot social media scams’. Increasing numbers of Australians are encountering—and losing money to—scams on social media. If you use social media … Dating and romance scams…
…Businesses lost an average of $10,000 to scams in 2016 … News Nearly 6000 businesses reported being targeted by scams in 2016 according to the Australian Competition and Consumer Commission’s Targeting Scams report, with losses totalling around $3.8 million, an increase of almost 31 per cent. Nearly 6000 businesses reported being targeted by scams in 2016 according … – these scams trick a victim into downloading a virus that infects computer systems and prevents user access until payment is made to unlock it. In 2016, reports indicate that there was an increase in ransomware emails to businesses, purportedly from legitimate companies such as Australia Post or a utility…