Computer takeover scams on the rise

So far this year scammers have stolen more than $7.2 million from Australians by gaining access to home computers, an increase of 184 per cent compared to the same period last year. According to the ACCC’s Scamwatch, almost 6,500 Australians have reported phone calls from scammers trying to convince them to download software that gives access to home computers and their bank…

Culturally and linguistically diverse community lose $22 million to scams in 2020, reports from Indigenous Australians up by 25 per cent

Last year scammers stole close to $34 million collectively from people who identified as culturally and linguistically diverse (CALD), people with disability, and Indigenous Australians. Figures from the ACCC’s latest Targeting Scams report released earlier this week shows losses to the CALD community represented a 60 per cent increase compared to 2019, across 11,700 reports. “Last year we saw a big increase…

Payment redirection scams cost Australian businesses $128 million in 2020

Payment redirection scams were the most financially damaging scams for Australian businesses in 2020 according to the ACCC’s latest Targeting Scams report. Combined losses reported to Scamwatch, other government agencies, banks and payment platforms totalled $128 million in 2020. Reports to Scamwatch show that Australian businesses lost $18 million to scams in 2020, a 260 per cent increase on losses reported in…

Scammers capitalise on pandemic as Australians lose record $851 million to scams

[*] Australians lost over $851 million to scams in 2020, a record amount, as scammers took advantage of the pandemic to con unsuspecting people, according to the ACCC’s latest Targeting Scams report released today. The report compiles data from Scamwatch, ReportCyber, other government agencies and 10 banks and financial intermediaries, and is based on more than 444,000 reports. Investment scams accounted for…

Losses to car ad scams climbing

Australians have already lost over $288,000 to vehicle scams in the first quarter of this year, more than all losses reported to Scamwatch in 2019, and scammers have now begun impersonating defence personnel to con their victims. In a vehicle scam, scammers post fake online listings offering to sell in-demand cars at well below market value to lure potential buyers looking for…

Romance baiting scams on the rise

Australians reported a record-breaking $37 million lost to Scamwatch last year for dating and romance scams. Total losses are expected to be much higher and scammers are now using dating apps to lure victims into investment scams. This new technique, called romance baiting, involves scammers meeting people on dating apps and then moving the conversation to an encrypted chat site. After a…

Current COVID-19 (coronavirus) scams | Scamwatch

Scammers are using the spread of COVID-19 (coronavirus) to take advantage of people across Australia. About COVID-19 scams Scamwatch has received over 5170 scam reports mentioning the coronavirus with over $6 280 000 in reported losses since the outbreak of COVID-19 (coronavirus). Common scams include phishing for personal information, online shopping, and superannuation scams. If you have been scammed or have seen…