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.
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.
SCAMwatch is warning consumers and businesses to be aware of NBN-related scams seeking to get your personal details or asking you to buy equipment you don’t need.
SCAMwatch and the Australian Taxation Office (ATO) are urging consumers and small businesses to be aware of tax refund email scams, with scammers taking advantage of the busy nature of tax time to target you.
SCAMwatch is warning consumers and businesses to be on the look out for carbon price scams, particularly calls asking for personal information in order to receive compensation.