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Scams Stories - Page 4

Australian Stories

Scams stories

Australians lose AUD $175 million to scams as cyber threats soar
Phishing

Australians lose AUD $175 million to scams as cyber threats soar

Australians lost AUD $175 million to over 108,000 scams in H1 2025, as cyber threats rise amid rapid growth in digital payments and eCommerce.

By Shannon Williams • 4 min read • Tue, 26th Aug 2025
Australians still struggle to spot & respond to scams safely
Multi-factor authentication

Australians still struggle to spot & respond to scams safely

Nearly 80% of Australians have faced scam communications recently, yet 70% lack knowledge on how to respond safely, reveals new Optus research.

By Shannon Williams • 4 min read • Tue, 26th Aug 2025
Small business tax refunds surge in first quarter to AUD $5,000
Phishing

Small business tax refunds surge in first quarter to AUD $5,000

Small business tax refunds surged by 75% in Q1 2024, with average returns reaching AUD $5,000, reveals CommBank data on Australian financial year start.

By Shannon Williams • 4 min read • Thu, 31st Jul 2025
Fraud, friction, and the future: Prioritising trust in a high-stakes market
Data Protection

Fraud, friction, and the future: Prioritising trust in a high-stakes market

A major Australian financial institution lost A$23m from unauthorised transactions, prompting a nationwide push to prioritise trust and fraud prevention in 2024.

By Ljubiša Velikić • 5 min read • Thu, 10th Jul 2025
CommBank deploys AI bots to disrupt scams, protect Australians
Email Security

CommBank deploys AI bots to disrupt scams, protect Australians

CommBank has launched AI bots developed with Apate.ai to engage scammers in real-time, disrupting fraud and protecting Australians from scams.

By Jed Nykolle Harme • 3 min read • Tue, 1st Jul 2025
Australians warned of rising election scams as poll nears
Phishing

Australians warned of rising election scams as poll nears

Cyber experts warn Australian voters to beware election scams ahead of the federal poll, predicting tactics similar to those seen in the US as threats rise.

By Catherine Knowles • 3 min read • Thu, 17th Apr 2025
Revolut report highlights surge in Telegram, WhatsApp scams
Email Security

Revolut report highlights surge in Telegram, WhatsApp scams

Revolut's latest report reveals Meta platforms are the primary source of scams affecting consumers, with reported cases rising significantly in Australia and globally.

By Shannon Williams • 2 min read • Thu, 3rd Apr 2025
Scams cost Australian small businesses AUD $7.9 million
Phishing

Scams cost Australian small businesses AUD $7.9 million

Scams targeting Australia's micro and small businesses caused losses of AUD $7.9 million in 2024, despite recent efforts leading to a decrease from AUD $17.3 million.

By Kaleah Salmon • 3 min read • Thu, 3rd Apr 2025

Global Stories

Scams stories

Scam Awareness Week shines a light on the collective effort needed to fight scams
Unified Communications

Scam Awareness Week shines a light on the collective effort needed to fight scams

Australians lost over AUD $119 million to scams in early 2025, highlighting the urgent need for collective action from individuals, businesses and government.

By Sumir Bhatia • 4 min read • Fri, 29th Aug 2025
AI website builder Lovable fuels rise in phishing & scams
Malware

AI website builder Lovable fuels rise in phishing & scams

Cybercriminals exploit AI website builder Lovable to swiftly create phishing and scam sites, lowering barriers for digital crime, warns cybersecurity firm Proofpoint.

By Melvin Hipolito • 4 min read • Tue, 26th Aug 2025
Task scams cost jobseekers millions as Trend Micro warns of surge
Crypto

Task scams cost jobseekers millions as Trend Micro warns of surge

Task scams have cost jobseekers millions, with Trend Micro warning of a surge in frauds using fake jobs to trick victims into losing thousands of dollars.

By Catherine Knowles • 3 min read • Thu, 21st Aug 2025
Hazy Hawk exploits abandoned cloud DNS for global scams surge
Cloud Security

Hazy Hawk exploits abandoned cloud DNS for global scams surge

Cybersecurity firm Infoblox warns of Hazy Hawk, a threat actor hijacking DNS records from abandoned cloud resources to spread scams and malware worldwide.

By Shannon Williams • 4 min read • Thu, 22nd May 2025
Hazy Hawk exploits cloud DNS to hijack subdomains for scams
Cloud Security

Hazy Hawk exploits cloud DNS to hijack subdomains for scams

Security firm Infoblox links the Hazy Hawk group to global subdomain hijacks via abandoned Amazon and Azure cloud services, spreading scams and malware.

By Sean Mitchell • 4 min read • Wed, 21st May 2025
Cybercriminal groups use RDGAs in scams, phishings
Malware

Cybercriminal groups use RDGAs in scams, phishings

Cybercriminal groups Reckless Rabbit and Ruthless Rabbit use registered domain algorithms to carry out investment scams costing US consumers USD $5.7 billion in 2024.

By Jed Nykolle Harme • 5 min read • Tue, 29th Apr 2025
Google blocks 5.1 billion ads & boosts AI ad safeguards
Marketing Technologies

Google blocks 5.1 billion ads & boosts AI ad safeguards

Google blocked over 5.1bn ads and suspended 39.2m accounts in 2024, using AI advancements to combat ad scams and protect consumers.

By Sean Mitchell • 3 min read • Thu, 17th Apr 2025
Rising threats to influencers as cyber attacks escalate
Multi-factor authentication

Rising threats to influencers as cyber attacks escalate

Bitdefender reports a dramatic rise in cybercrime targeting social media influencers, uncovering over 9,000 malicious livestreams on YouTube in 2024.

By Melania Watson • 3 min read • Wed, 9th Apr 2025

Stories from Other Regions

Scams stories

UK banks see spike in mobile fraud as scams shift from calls
Email Security

UK banks see spike in mobile fraud as scams shift from calls

UK mobile banking fraud surged 11% in 2024 as scammers shift from voice scams, with card fraud and remote iOS attacks also on the rise, reports BioCatch.

By Shannon Williams • 3 min read • Mon, 5th May 2025