scams
Followscams Archives

Despite fewer scams, losses mount for Australian businesses
The biggest increase in reported losses came from phishing scams.

Chargeback scams are surging – here’s how small businesses can respond
Experts explain how the fraud works, why it’s increasing, and what businesses can do to protect themselves.

As invoice scams grow more sophisticated, how can SMEs protect themselves?
Discover how a recent court ruling and the new Scam Prevention Framework impact small businesses trying to prevent payme...

SMEs urged to remain vigilant against Easter scams
COSBOA and CommBank warn small businesses to watch for scams during Easter, as cyber threats rise amid busy holiday peri...

These scams are impacting SMEs the most right now. Here’s how to avoid them
Scams have costed businesses more than $17 million, with SMEs being the most vulnerable to investment scams and phishing...

Passage of the Scam Prevention Framework to help banks fight scams
The Scam Prevention Framework will establish consistent and enforceable obligations for businesses in sectors often vict...

Half of SME scam losses are from investment scams. Here’s what to look out for
90 per cent scam reports came from SMEs – and half of those were investment scams. What should small businesses be doing...

Scam Busters a vehicle for teepreneurs to keep their peers safe online
Toby and Iggy see the fact that their products are designed “by kids, for kids” as their USP and builds trust as they pl...

ASBFEO warns small-business owners about rise in scams
Billson urged SMEs to check the credentials of suppliers such as their ABN and business name and to investigate if they ...

Banking industry pledge support for small businesses in fight against scams
Small businesses lost $13.7 million to scams last year, the majority of which was due to payment redirection scams.