Displaying items by tag: online scams

GUEST OPINION by Linden Dawson, Customer Success Management Lead, Ping Identity: Amid all the issues and challenges being faced as we battle through the COVID-19 pandemic, one of the most overlooked is privacy protection.

GUEST OPINION by Linden Dawson, Customer Success Management Lead, Ping Identity: Amid all the issues and challenges being faced as we battle through the COVID-19 pandemic, one of the most overlooked is privacy protection.

More than $4 million has been lost to online shopping scams by Australians in 2019 so far - well in excess of the $3.8 million fleeced from unsuspecting consumers last year - and the losses are expected to mount over the busy Christmas shopping period.

The ACCC has surprised people with a new logo while it warns the Australian community to "to watch out for common online scams they might encounter".

Talks today between the federal government and business leaders have set in train initiatives to strengthen measures to combat cybersecurity threats across Australia.

More than $80 million was lost to scams in Australia last year, with scammers stealing not only money but data. Computer prediction software scams targeting investors were also prevalent.

Australia’s Federal Minister for Justice, Michael Keenan, has keenly launched the Australian Cybercrime Online Reporting Network or ACORN, where cybercrime victims can report criminals, hacks attacks, online scams and more net nastiness in real time.

Almost $90 million was reported lost to scams in Australia last year, with nearly half of that amount through online scams.

In 2012 the ACCC (Australian Competition and Consumer Commission) received nearly 84, 000 complaints about consumer fraud, the vast majority perpetrated by phone or the Internet.