26 November 2018 Hackers targeting businesses' emails in sophisticated scam 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. 24 May 2018 Business losses to scams up 23 per cent 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. 19 May 2017 Businesses lost an average of $10,000 to scams in 2016 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. 26 February 2014 Don’t be fooled by a fake franchise SCAMwatch is warning people thinking about buying a franchise or small business to beware of exciting new franchise opportunities that may actually be scams. 19 February 2013 Think carefully about unsolicited offers to register domain names overseas SCAMwatch is warning businesses to treat with caution unsolicited invitations to register or renew internet domain names in China and other countries.