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Australians lost A$176m to scams in 2020

Australians lost A$176m to scams in 2020 Investment scams topped the list of scams, which grew by 23.1% in 2020 as criminals exploited human psychology using social engineering Share this item with your network: By Published: 18 Jan 2021 9:12 Australians lost A$176.1m to scams in 2020, up 23.1% from the A$142.9m reported in 2019, according to the Australian Competition and Consumer Commission’s Scamwatch. The total number of scams rose to 216,089 in 2020, 28.8% higher than the 167,795 r...
New Zealand Crispin Kerr Consumer Commission Scamwatch Palo Alto Networks Digital Transformation Agency Australian Cyber Security Centre

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