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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.
People are increasingly being caught out by celebrity endorsement scams, with reports to Scamwatch increasing 400 per cent and losses increasing a staggering 3,800 per cent so far in 2018.
Scammers are increasingly catching out people by impersonating well-known businesses or the police so they can get access to computers and steal money or banking information.
The ACCC is warning the community to be wary of scammers trying to ruin their Christmas holidays.
Nearly 6000 businesses reported being targeted by scams in 2016 according to the Australian Competition and Consumer Commission’s Targeting Scams report, with losses totalling around $3.8 million, an increase of almost 31 per cent.
The Australian Competition and Consumer Commission is warning online shoppers to be wary of scammers masquerading as legitimate online retailers, often selling well-known brands at too-good-to-be-true prices.
The Australian Competition and Consumer Commission is warning holiday makers to watch out for scams on popular accommodation booking sites such as Airbnb.
Scamwatch is warning Christmas shoppers to be cautious when looking online for gifts.
Scamwatch is warning consumers to beware of scammers pretending to be from Microsoft, with the latest round of scams based around the current Microsoft Windows 10 system upgrade.
SCAMwatch is urging Indigenous consumers, especially those living in rural and remote communities, to be on the lookout for scammers trying to trick you into handing over your personal details or money.