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Scams news stories - Page 1

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Ransomware
Big business in cryptocurrencies and cybercrime
As of June this year, about a quarter (26%) of Australians considered cryptocurrency as a good investment, and over 36% have at one point considered buying cryptocurrency as an investment.
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Cybersecurity
Australians lose $300 million to scams in first half of 2022
The total losses from January to June 2022 have more than doubled compared to the first half of 2021, where Australians lost a combined $139 million.
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Cryptocurrency
Nvidia joins the list of brands favoured by fraudsters
“Crypto scams that involve images of celebrities, or power brands, have become trendy. We’ve witnessed campaigns with Elon Musk, Bill Gates, and Pavel Durov."
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Phishing
Akamai research finds PayPal security measures utilised in new phishing scam
New research from Akamai has found that a new threat actor is parasitising benign WordPress sites to execute an extensive PayPal phishing scam.
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Cloud
The forgotten security measures in Australia’s rush to the cloud
With the ability to complete their jobs in a variety of locations and across devices, Australia’s employees have unlocked a raft of previously unconsidered conveniences.
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INTERPOL
Hundreds arrested, millions seized in global INTERPOL investigation
A two-month-long investigation by INTERPOL this year involved 76 countries and clamped down on organised crime groups behind telecommunications and social engineering scams.
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Cybersecurity
Productivity wasted as employees sort out spam emails
Employees who receive 30-60 external emails per day could be wasting 11 hours every year looking through and identifying spam messages.
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Phishing
WhatsApp and QR codes the next scam threat - report
KnowBe4 has warned it expects to see an increase in QR Codes and the WhatsApp chat platform being used for phishing and other scams. 
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Phishing
MailGuard warns of new scam targeting Telstra customers
Telstra customers in Australia are being warned of a new scam involving "Unsuccessful Payment" messages.
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VPN
The most common online scams in Australia
No one is safe from online scammers, and many of these scammers have capitalised on the pandemic, using this confusing time to attack more people than ever.
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Cryptocurrency
Norton finds deepfakes and crypto scams rising in Australia
Norton says between January and March of this year, it thwarted more than 37,098,261 threats, the equivalent of around 403,241 threats per day.
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Cybersecurity
New Norton report finds deception scams on the rise
Cybercriminals are capitalising on global events using deepfakes and crypto scams to mislead consumers, a new report has revealed. 
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Fintech
Sift shares digital trust and safety secrets in new report
The Digital Trust & Safety Index 2021 report contains a variety of statistics, insights and case studies to help businesses discover better solutions and help them get ahead of payment fraud.
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Phishing
Kiwis being defrauded at record levels since COVID-19 began
"We are seeing scams becoming very highly sophisticated, which makes them hard to spot and it unfortunately means more Kiwis are being caught out."
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Ransomware
The rise of cybercrime - Over $300 million lost to scams last year
As remote work pushes more Australians online, the increase in cybercrime hits record-high rates, sparking significant concerns.
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Cybersecurity
The generation gap: Protecting our kaumātua online
In New Zealand, it was revealed that those aged between 55-64 and over 65 primarily use their desktop computer or laptop to go online, making them more at risk to cyber threats.
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Cybersecurity
5 online scam red flags - signs you’re dealing with scammers
No matter who the victim is or how sophisticated the scheme may be, there is always a way to sniff out fraud before it’s too late.
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Cybersecurity
Shouldering the responsibility of payment security
Two years since the surge in digital payments, shoppers have seamlessly transitioned to day-to-day use, with online payments becoming second nature when buying goods and services online.
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Ransomware
5% of Kiwis experienced identity theft in 2021 - report
Norton has found 5% of New Zealanders experienced identity theft in 2021, and 10% have clicked on a fraudulent package notification link in the past 12 months.
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Cryptocurrency
The wild west of cryptocurrency fraud & How Kiwis are getting stung
Cryptopia went from launch to managing funds for 1.4 million investors to a significant data breach and its inevitable death - all in just five years.
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Cryptocurrency
Check Point Research reveals how hackers run token scams and 'Rug Pull' money - and how to avoid them
Check Point Research has revealed how scammers are altering smart contracts to create fraudulent tokens. They then use methods to "rug pull" money from people with altered smart contracts, leading to money heists.
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Ransomware
Older people targeted by ransomware while young adults fall for TikTok scams
New research from Avast has revealed that older and younger generations are being targeted by different online threats based on the primary device that they use to go online.
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Phishing
DHL tops list of companies most impersonated by criminals
Cybercriminals often impersonate brands to gain valuable data, and new research by Check Point Software has found DHL to be the brand most frequently imitated by cybercriminals. 
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Social Media
YouTube Shorts a haven for scammers using stolen TikTok videos
Scammers are stealing existing short-form videos from TikTok and reposting them as YouTube Shorts, racking up millions of views and gaining tens of thousands of subscribers, according to new research from Tenable.