News & alerts

Australian businesses reported more than 5800 scams with losses exceeding $7.2 million in 2018, a 53 per cent increase compared to 2017, according to the ACCC’s Targeting scams report.

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 swindled nearly $4.7 million from Australian businesses in 2017 according to the ACCC’s latest Targeting scams report – a 23 per cent increase compared to 2016.

Australians lost more money to scammers in 2017 than in any other year since the ACCC began reporting on scam activity.

The ACCC is warning consumers to beware of scammers impersonating energy and telecommunications providers and demanding payments.

Scamwatch is warning of phone calls from scammers claiming to collect debts.

SCAMwatch is warning Australian businesses to beware of an invoice email scam seeking payment re-direction.

SCAMwatch is warning small businesses to be alert as the fake ‘Yellow Pages’ business directory scam has resurfaced in Australia.

SCAMwatch is warning businesses to treat with caution unsolicited invitations to register or renew internet domain names in China and other countries.