Australians lost $340 million to scams in 2017, a rise of $40 million over the 2016 figure, according to data from the Australian Competition and Consumer Commission.
Cyber criminals have come up with new malware sent in emails to attack cryptocurrencies like bitcoin, litecoin and ethereum.
The ACCC has warned of scammers impersonating energy and telecommunications providers and demanding payments in the wake of thousands of fake billing scams costing consumers losses of nearly $8000.
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My submission was all about the lack of business case overbuilding their obsolete highly exploitable security risk and interference prone[…]