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 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.
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.
The Australian Competition and Consumer Commission is warning businesses about receiving letters that look like an invoice and state a ‘domain name is available’.
Scamwatch has received a report from the Australian Cybercrime Online Reporting Network (ACORN) that remote access scammers are calling pretending to be the ACORN.
