GUEST OPINION: The pandemic, ongoing lockdowns and tax return time are leading to a perfect scam storm, says Dr Suranga Seneviratne from the University of Sydney’s School of Computer Science, who provides timely advice on how to spot and avoid a scam.
Business email compromise scams cost Australian businesses $132 million in losses in 2019, causing the highest losses across all scam types for the year.
ANZ Banking Group customers are the target of the most recent email phishing scam being blocked by security vendor MailGuard team.
The banking industry is increasingly becoming a favourite among cyber criminals, according to security vendor MailGuard, which has detected a new phishing email scam purporting to be from Westpac.
Australian businesses have lost $2.8 million to scammers in 2018 as hackers target business emails in a new scam, prompting the competition watchdog, the ACCC, to issue a call to businesses to urgently review how they verify and pay accounts and invoices.
A new email scam using St George Bank trademarks has been revealed, where scammers try and deceive victims into submitting their bank login details to a phishing site.
Fraudsters used scam emails to steal millions of dollars from Queensland law firms in December, according to security firm MailGuard.
Two major Australian brands, Telstra and Commonwealth Bank, have been targeted by scammers in a bid to dupe users into downloading malware to their computers or giving up credit card details.
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