The ACCC is urging all small businesses to protect their information when using digital and online tools as false billing and phishing scams increase. The ACCC revealed that between January and September 2022, Scamwatch received more than 1,440 reports from small businesses about scams, with $6.6 million lost to con artists. The agency reports new scams… Read more »
The Australian Competition and Consumer Commission (ACCC) has released its annual Targeting Scams report. The report reveals small business owners are losing up to $11k on average to scammers. The report suggests con artists find small business owners a soft target as they are often time-poor and have fewer resources at hand to combat security… Read more »
The ACCC’s Scamwatch is warning businesses about business email compromise (BEC) scams. This year, reports to Scamwatch about these scams have grown by a third, with businesses reporting losses totalling $2.8 million – accounting for 63 per cent of all business losses reported to Scamwatch. What are BEC scams? This is when a hacker accesses a… Read more »
The ACCC’s annual Scamwatch report has found scammers have swindled close to 4.7 million from Australian businesses during 2017. The report also found an alarming 23 per cent increase in scam activity. “Scammers don’t discriminate and businesses have what scammers want: money. They’ll use a variety of cons to swindle busy workers and it can… Read more »
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