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Australians lost over $634 million to scams in 2019, according to the latest figures in the ACCC’s Targeting Scams report released today.
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.
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.
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.
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.
SCAMwatch and Telstra are warning consumers to hang up the phone if they receive a call out of the blue from someone claiming there is a problem with their internet connection or computer.
SCAMwatch and Stay Smart Online are warning consumers interested in finding out more about the recent disappearance of Malaysia Airlines flight MH370 to be on guard when opening video footage about this event, as scammers are sending links infected with malware.