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![](/sites/www.scamwatch.gov.au/files/styles/scamwatch_news/public/spot-fake-emails-ico.png?itok=TP-cMvJw)
Scamwatch is calling on businesses to urgently review how they verify and pay accounts and invoices as reports of business email compromise (BEC) scams to Scamwatch have grown by a third this year.
![](/sites/www.scamwatch.gov.au/files/styles/scamwatch_news/public/type-of-scam-images/protect-small-business.png?itok=W1druqQv)
Scammers swindled nearly $4.7 million from Australian businesses in 2017 according to the ACCC’s latest Targeting scams report – a 23 per cent increase compared to 2016.