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Scams Stories - Page 8

Australian Stories

Scams stories

Fed gov imposes fines for inadequate scam prevention
Unified Communications

Fed gov imposes fines for inadequate scam prevention

The federal government is set to impose fines of up to AUD $50 million on companies failing to implement effective measures against rising fraud.

By Sean Mitchell • 3 min read • Tue, 19th Nov 2024
1Wheel revolutionises Australia's private car sales market
Email Security

1Wheel revolutionises Australia's private car sales market

Perth startup 1Wheel is revolutionising private car sales in Australia, offering a transparent, no-fee service amid rising living costs.

By Sean Mitchell • 3 min read • Tue, 19th Nov 2024
Social media scams cost Australian children AUD $129,700
EduTech

Social media scams cost Australian children AUD $129,700

AUCyber reports that Australian children have lost over AUD $129,700 to social media scams this year, prompting calls for enhanced online safety measures.

By Shannon Williams • 3 min read • Fri, 15th Nov 2024

Global Stories

Scams stories

Rise in counterfeit websites threatens holiday shoppers
Phishing

Rise in counterfeit websites threatens holiday shoppers

As the festive shopping season approaches, researchers have identified nearly 80,000 counterfeit websites, endangering online shoppers seeking deals.

By Melania Watson • 3 min read • Mon, 2nd Dec 2024
Australian banks criticised for weak email scam defences
Data Protection

Australian banks criticised for weak email scam defences

Research by Proofpoint reveals that 66% of Australian banks are ill-equipped to combat email fraud, risking customer safety amid rising scams.

By Catherine Knowles • 3 min read • Tue, 26th Nov 2024
Cybercriminals target shoppers with 38 million phishing scams
Malware

Cybercriminals target shoppers with 38 million phishing scams

Cybercriminals launched over 38 million phishing attacks in 2024, with a 25% rise in threats targeting online retailers amid Black Friday sales.

By Kaleah Salmon • 3 min read • Mon, 25th Nov 2024
Identity fraud in Europe surges by 150%, deepfakes on the rise
Crypto

Identity fraud in Europe surges by 150%, deepfakes on the rise

Identity fraud in Europe has surged by 150% year-on-year, with deepfake use escalating sharply and businesses reporting widespread challenges.

By Catherine Knowles • 3 min read • Wed, 20th Nov 2024
Sextortion scams surge with personal data to extort money
Malware

Sextortion scams surge with personal data to extort money

New Barracuda research reveals a surge in personalised sextortion attacks, where cybercriminals leverage victims' personal data for increased blackmail pressure.

By Sean Mitchell • 3 min read • Mon, 18th Nov 2024
Bitdefender unveils Scamio tool to tackle Discord scams
Malware

Bitdefender unveils Scamio tool to tackle Discord scams

Bitdefender has launched Scamio on Discord, a free tool designed to protect users from rising scams on the platform, which has over 200 million monthly users.

By Melania Watson • 3 min read • Tue, 5th Nov 2024
AI impersonation scam targets ChatGPT subscription users
Malware

AI impersonation scam targets ChatGPT subscription users

Barracuda Networks has uncovered a phishing campaign where attackers impersonated OpenAI, misleading businesses into updating ChatGPT payment details.

By Melania Watson • 3 min read • Fri, 1st Nov 2024

Stories from Other Regions

Scams stories

UK SMBs lose GBP £11,000 on average to online fraud in 2024
Email Security

UK SMBs lose GBP £11,000 on average to online fraud in 2024

Research shows UK small and medium-sized businesses lost nearly GBP £11,000 each to online fraud in 2024, raising survival concerns among leaders.

By Shannon Williams • 3 min read • Thu, 5th Dec 2024
Avast warns of rise in fake shops targeting New Zealanders
Email Security

Avast warns of rise in fake shops targeting New Zealanders

Avast warns of a surge in fake online shops targeting New Zealanders, with nearly 80,000 counterfeit websites identified as the holiday shopping season nears.

By Melania Watson • 2 min read • Mon, 2nd Dec 2024
NCSC warns of sophisticated scams during Black Friday
Data Protection

NCSC warns of sophisticated scams during Black Friday

The NCSC warns of a surge in sophisticated scams this Black Friday and Cyber Monday, with over 32,000 fraud reports and losses totalling GBP £30.4 million.

By Melania Watson • 2 min read • Tue, 26th Nov 2024
ICO urges firms to responsibly share data to tackle fraud
Data Protection

ICO urges firms to responsibly share data to tackle fraud

The Information Commissioner's Office is urging organisations to share personal information responsibly to combat the UK's growing fraud crisis.

By Sean Mitchell • 3 min read • Sat, 23rd Nov 2024
Shoppers warned of AI scams as Black Friday nears
Phishing

Shoppers warned of AI scams as Black Friday nears

As Black Friday nears, experts warn consumers of sophisticated AI-driven scams, urging caution as losses from fraud continue to escalate.

By Imee Dequito • 4 min read • Fri, 22nd Nov 2024
High payment security fears lead UK customers to abandon carts
Customer Experience

High payment security fears lead UK customers to abandon carts

Nearly half of UK shoppers abandon online purchases over payment security fears, according to new research ahead of the Black Friday shopping event.

By Shannon Williams • 2 min read • Fri, 22nd Nov 2024
New Zealand digital scams cost exceed NZD $2.3 billion
Email Security

New Zealand digital scams cost exceed NZD $2.3 billion

A report reveals that digital scams cost New Zealanders over NZD $2.3 billion in 2024, with online shopping scams now the most prevalent.

By Sean Mitchell • 3 min read • Tue, 19th Nov 2024