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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.
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.
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.
Unfortunately, scammers are taking advantage of the spread of coronavirus to exploit and play on the fears of consumers across Australia.
Scamwatch is warning all Australians to be on the lookout for bushfire fundraising scams and do their research when donating so that money can get to those who are in need, rather than those who would take advantage.
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