SPF advises the public to remain vigilant so that they do not fall prey to scammers. Here's an example of a phishing link sent by a scammer: Here are some examples of WhatsApp messages sent by scammers through compromised WhatsApp accounts: The victims' contacts would only realise that they have been scammed when they discover unauthorised transactions made from their bank accounts. Scammers would then trick the contacts into providing them with their personal information or send them phishing links to fake websites to retrieve their banking credentials and One-Time Passwords (OTPs). As WhatsApp scams continue to threaten cybersecurity and target users with malware, phishing, and attempts to extort money, it is crucial to be on the lookout for the common markers. Third, never click on unfamiliar links from unknown numbers. To carry out the scam, scammers would take over WhatsApp accounts, impersonate victims and communicate with the victims' friends or contacts. Second, never share verification codes or two-factor authentication codes with anybody. That included some 25- to 34-year-olds being enticed with a mixture of romance and trendy topics such as cryptocurrency.These scammers have gained access to victims' WhatApp accounts after obtaining the six-digit verification code either from the victims directly or through the victims' voicemail accounts, SPF said.Ĭompromised WhatsApp accounts used for banking-related phishing scams People were increasingly feeling lonely or being duped in sales of items such as puppies by scammers claiming government restrictions meant no viewing before purchase, ACCC deputy chairwoman Delia Rickard told The Australian Financial Review.īut top of the scams this year remained investment fraud, worth $328 million. Still, the latest rise was blamed partly on COVID-19. The 2020 total is up on the $634 million from 2019, although that figure had only big four banks among the private entity figures. The Targeting Scams data is combined from the ACCC, other government agencies, and 10 banks and financial intermediaries. If his worries prove founded – and the signs are not great – then he is a victim of ruses that roped in $851 million from people in the past year, according to figures released on Monday by the Australian Competition and Consumer Commission.
John Luxford is a 53-year-old former builder nursing bad neck injuries and a horrible fear he has been suckered for $40,000 in a foreign exchange-investment scam.
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