Australians lost almost half a billion dollars to scammers in 2018, with investment scams the most financially devastating at $86 million, an increase of more than 34% compared with 2017, according to a newly published report.

Published in Market

More than $5 million was lost to scams in 2018 involving gift cards — a 38% increase compared to 2017 — with iTunes cards accounting for $3.1 million in losses, according to Scamwatch, the competition watchdog ACCC’s scam warning service.

Published in Home Tech

New research on unsolicited calls in Australia shows that more than half the adults have received scam calls daily or weekly, according to the Australian Communications and Media Authority.

Published in Telecoms & NBN

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