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Common Scams

Scammers worldwide are getting progressively more sophisticated and cunning. Over 3 million dollars have been lost since March 2020 due to COVID-19 scams. Scammers and cyber criminals took full advantage of this new state of living and unfortunately caught a mass amount of people.

Below were the most common scams in the past 6 months:

Superannuation Scam

These scammers took advantage of individuals who were financially impacted from COVID-19 and were eligible to access their superannuation. Scammers were contacting people over the phone, saying that they were able to assist them in claiming their super, thus having access to personal information.

Another tactic used was texts and emails that were sent to gain personal information, with the result being scammers accessing accounts and confidential information.
Government Impersonations

Cyber criminals have also been pretending to be from Government agencies like myGov and the ATO, sending texts or emails. The messages look legitimate at first glance and look like they just aim to give information around the pandemic but are ultimately set up to gather personal information.
Remote Work

With quarantine, a lot of employees were required to work from home and scammers have taken full advantage of this isolation by sending emails requesting access to their devices or accounts.
Normally, in an office setting, it is easy to turn to your colleague if they sent an email asking for a password reset or access to your device. However, with team members working in their own homes, they are more vulnerable to these types of schemes. 
Scams succeed because they look like the real thing and catch people off guard when you are not expecting it. We are aware that scammers are becoming smarter and smarter and taking full advantage of new ways of working and technology. It is imperative that you stay alert! If something looks suspicious always ask the question before clicking on any links or giving any confidential information. Remember, it is better to be safe than sorry.

The Money Edge | Kathy Norris | Bundaberg 

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