Security provider Proofpoint notes the massive growth in scams reported in the latest Scamwatch report, drawing attention to the fact that Australian losses to scammers reached 80% of 2020’s total in just six months.
As previously reported, the ACCC has said that scammers have stolen more than $7.2 million from Australians so far this year by gaining access to home computers, an increase of 184% compared to the same period last year.
Proofpoint has chimed in. with ANZ area vice-president Crispin Kerr saying “The latest data from the ACCC’s Scamwatch has revealed the full extent of the damage done by scammers and cybercriminals over the first half of the year.
“What is most concerning is that we are only six months into the year and Australians have already lost 80% of the total amount reported to Scamwatch across the whole of 2020.
“In addition, for the second month in a row, June saw the highest total monthly amount lost at $31.4 million, an increase of nearly 150% compared to June 2020.
“It’s not just the amount of money leaving Australians out of pocket that is alarming, but also the number of scams being reported. Over 124,000 scams were reported to Scamwatch since January, an increase of 54% from the first half of 2020.
“While it is encouraging to see so many people coming forward and reporting their experiences to Scamwatch, it does display just how active scammers are in the threat landscape.
“A clear trend that’s emerged over the year is that investment scams are disproportionately impacting Australians at a cost of more than $70 million. It’s a shame to see Australians affected by these cheap tricks which typically promise some kind of way to get rich quickly.
“Scammers are continuing to steal Australians’ hard-earned money and take advantage of challenging financial situations, especially with ongoing lockdowns.
“We can also see the clear impact of scammers preying on Australian’s emotions like fear and anxiety, with scams suggesting threats to life or arrest and identity theft among the highest losses and the number of scams reported.
“This kind of social engineering plays into the human condition and our vulnerabilities and unfortunately is proving to be very effective. In addition, the prevalence of phishing scams highlights just how easy it is to carry out these quick scams, given the considerable low barriers to entry.”
As ACCC deputy chair Delia Rickard said, “Remember, your bank will never ask you to give them access to your computer or accounts, nor will they ask for the codes to verify transactions. You should never provide those numbers to anyone except to verify transactions you are making in your mobile banking app or through your online banking,”
GRAND OPENING OF THE ITWIRE SHOP
The much awaited iTWire Shop is now open to our readers.
Visit the iTWire Shop, a leading destination for stylish accessories, gear & gadgets, lifestyle products and everyday portable office essentials, drones, zoom lenses for smartphones, software and online training.
PLUS Big Brands include: Apple, Lenovo, LG, Samsung, Sennheiser and many more.
Products available for any country.
We hope you enjoy and find value in the much anticipated iTWire Shop.
ENTER THE SHOP NOW!
INTRODUCING ITWIRE TV
iTWire TV offers a unique value to the Tech Sector by providing a range of video interviews, news, views and reviews, and also provides the opportunity for vendors to promote your company and your marketing messages.
We work with you to develop the message and conduct the interview or product review in a safe and collaborative way. Unlike other Tech YouTube channels, we create a story around your message and post that on the homepage of ITWire, linking to your message.
In addition, your interview post message can be displayed in up to 7 different post displays on our the iTWire.com site to drive traffic and readers to your video content and downloads. This can be a significant Lead Generation opportunity for your business.
We also provide 3 videos in one recording/sitting if you require so that you have a series of videos to promote to your customers. Your sales team can add your emails to sales collateral and to the footer of their sales and marketing emails.
See the latest in Tech News, Views, Interviews, Reviews, Product Promos and Events. Plus funny videos from our readers and customers.
SEE WHAT’S ON ITWIRE TV NOW!
Original Source link