There has been a marked increase in predatory scammers attempting to steal personal details and commit fraud, taking advantage of Australians during the COVID 19 crisis, with National Broadband Network operator NBN Co warning of heightened security threats for remote workers.
Scammers are now trying to exploit Australians financially impacted by the COVID-19 crisis, according to the Australian Competition and Consumer Commission which says that new superannuation scams have been reported to its Scamwatch service in recent weeks.
eCommerce merchant losses to online payment fraud will exceed US$25 billion in 2024, up from just $17 billion in 2020, despite the ongoing implementation of Secure Customer Authentication (SCA) in Europe.
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