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.
Scammers are increasingly using fake charities or impersonating real charities to take advantage of people’s generosity and compassion, with losses reported to the ACCC’s Scamwatch increasing steadily over the past four years.
SCAMwatch is warning people to be on the lookout this festive season not just for flying reindeer and bargain gifts but also scam surprises wrapped up as the real deal.
