Busi­ness hack­ers

Central and North Burnett Times - - NEWS -

SCAMWATCH is call­ing on busi­ness own­ers to ur­gently re­view how they ver­ify and pay ac­counts and in­voices as re­ports of busi­ness email com­pro­mise (BEC) scams grew by a third in 2018. BEC scam­mers send le­git­i­mate-look­ing emails to clients claim­ing the busi­ness’s bank­ing de­tails have changed and that in­voices should be paid to a new ac­count. Aus­tralian busi­nesses have re­ported losses to­talling $2.8m to BEC scams this year. This type of scam ac­counts for 63 per cent of all busi­ness losses re­ported to Scamwatch, av­er­ag­ing nearly $30,000 per re­port.

Newspapers in English

Newspapers from Australia

© PressReader. All rights reserved.