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Stay Smart Online Week is an annual event focused on empowering people, businesses and the community to protect themselves online.

Australians are set to lose a record amount to scams in 2019, with projections from losses reported to Scamwatch and other government agencies so far expected to exceed $532 million by the end of the year, surpassing half a billion dollars for the first time.

Scams reported to the ACCC involving identity theft or the loss of personal/banking information have cost Australians at least $16 million this year, and this figure is likely to be just the tip of the iceberg.

Australians are losing more money to NBN scams, with reported losses in 2019 already higher than the total of last year’s losses.

Australians who are older, Indigenous or have disability reported record losses in 2018 according to the ACCC’s annual Targeting Scams report released this week.

Scamwatch is warning members of the public about a spate of text messages asking for emergency assistance.