“Think of it as insurance”: As business scams mount, Financial Services Minister Stephen Jones says it’s time to adopt eInvoicing
It is "critical" for small businesses to protect their payments with Australia's new eInvoicing protocol, Minister for Financial Services and Assistant Treasurer Stephen Jones says.
Aussies have been scammed out of more than $20 million in fake bond investment schemes this year
There were 228 reports of imposter bond scams between January and June, compared with 82 reports in the same period last year, Scamwatch revealed on Wednesday.
Afterpay, humm and LatitudePay warn customers after spike in BNPL scams
In an email to customers on Monday, Afterpay said it was “aware of recent increases in fraudulent phishing text and email activity” across the industry.
ACCC reveals three-pronged plan to make Australia one of the most challenging scam targets in the world
ACCC boss Gina Cass-Gottlieb has outlined her favoured approach for reducing the ‘financial and emotional devastation’ that scammers cause Australians.
Fresh SMS scam rules and telco penalties unveiled by Australian communication watchdog
Australia's telecommunications watchdog has registered new rules requiring telcos to identify, track, and block scam SMS attempts, days after warning consumers about a new tide of fake job offer scams being shared via text message.
Ransomware, phishing and identity theft: Five scam trends Aussies are falling victim to
This article focuses on the five scam types that have grown most in value since 2020.
ATO puts 70,000 people on notice for $1 billion tax scam spread on TikTok and Facebook
The defrauded amount in a viral tax scam has blown out to $1 billion as the ATO cracks open a GST con that saw perpetrators claiming money for businesses that didn't exist.
ATO warns about yet another tax-time scam, urging Australians to look out for dodgy attachments
The Australian Taxation Office has warned taxpayers to look out for yet another email scam skimming login information from victims.
Are you being scammed? Here’s how to spot fraud in your business
The media is rife with cases of scammers and fraudsters, but deep down most business owners think it won’t happen in their company.
‘You are not anonymous’: Tax office goes after 40,000 people in $850 million scam
The con involved creating a sham business and ABN application, and then submitting falsified business activity statements to receive a fraudulent GST refund.
Concerning spike in scams targeting flood ravaged communities, ACCC says
Flood victims are being warned about a concerning spike in scammers preying on their vulnerability as they clean up in the aftermath of consecutive flood disasters.
Why the ACCC is suing Meta over crypto scam ads, and what it could mean for digital platforms if it wins
The ACCC alleges Meta failed to take sufficient steps to stop displaying scam cryptocurrency ads on Facebook in 2019, even after receiving complaints.