Scams: How to avoid losing your money to increasingly sophisticated scammers
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We all know someone who has fallen victim to a scam – a phone call purporting to be from Telstra, a link supposedly from your bank, PayPal or the ATO. The world of scamming has become increasingly and terrifyingly sophisticated, and you’re at risk.
Far from a kid with a laptop in their parent’s basement, scammers are now likely to work with hundreds of others, have targets and procedure manuals – and be very well trained to convince you of their legitimacy.
After a close friend lost $3,000 to a phone scammer purporting to be from NAB, Gemma Dale interviewed Tara McCarthy from NAB Security to understand – and help you understand:
- The most common types of scams, from phishing and malware to computer ransoms
- Why phishing is now targeted, as scammers match details from stolen databases with your publicly available information
- How the Brisbane City Council lost $450,000 to the kind of scam being directed at small business, and
- What you can do to protect yourself.
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