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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.
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.
If you lost money to a scammer through Western Union from 2004 to 2017, you may be eligible for a refund. Find out how you can make a claim.
Scamwatch is urging all Australians who lost money to a scammer through Western Union from 2004 to 2017 to take action by the extended deadline of 31 May to try to get it back.
This Stay Smart Online Week, the ACCC is warning the community to watch out for common online scams they might encounter.
The ACCC is warning people to be on the lookout for scammers who are trying to con their victims into paying for scams with Apple iTunes gift cards.
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.
Watch out for fake parcel delivery scams arriving in your inbox this Christmas, after $80,000 was reported lost to the ACCC this year, with 1,360 complaints.