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Australians have lost over $8.8 million to threat based scams so far this year, and young people are reporting the highest losses.
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Australians lost more money to scammers in 2017 than in any other year since the ACCC began reporting on scam activity.
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The ACCC is warning people to be on the lookout for scammers who are trying to con their victims into paying for scams with Apple iTunes gift cards.
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The Australian Competition and Consumer Commission is warning online shoppers to watch out for fake parcel delivery scams arriving in email inboxes this Christmas.
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Scamwatch is alerting consumers to a spike in the number of people falling victim to ransomware scams in 2015, compared to last year.