It’s true that phones aren’t as prone to viruses as computers – but they’re still far from immune.
Although it’s estimated illicit activity amounts to less than 1% of all cryptocurrency transactions, figures of losses are still staggering – and on the rise.
As winter draws in, Australians don’t just have to prepare for tax time — they must also be on the watch for scams.
Crude text scams, sent en masse, only have to work a handful of times to make criminals significant sums of cash.
Last year, men were more likely to report losses to investment fraud, while women were the main target for romance fraud. Overall, men reported higher financial loss.
As curious social animals, humans are more trusting of people than we should be – especially when we’re dealing with people over the phone, email or via SMS, in the absence of body language.
Australians have lost more than $76 million to fraud so far this year. These are the tactics that online offenders use to dupe their victims.
A number of factors – from our eagerness to place trust in people to our overconfidence in our own intelligence – make us easy prey.
A new scam tricks families based overseas into paying a ransom for Chinese students in Australia who have supposedly been kidnapped.
Lotto scamming — a criminal enterprise largely targeting elderly Americans — is lucrative in western Jamaica, where it is thought to be behind 50 percent of all area murders last year.