Beware of scammers delivering malware this Christmas

Watch out for fake parcel delivery scams arriving in your inbox this Christmas, after $80,000 was reported lost to the ACCC this year, with 1,360 complaints. We’ve received over 100 reports of this scam already this December – more than last December, with only half the month gone. The ACCC is also seeing a significant increase in both personal and commercial information loss being reported to this scam, with over 350 reports this year compared to 250 in 2014.

Australians lose $45 million to scams in 2015

The Australian Competition and Consumer Commission is urging the community not to send money or personal details to strangers after $45 million was reported lost to scams already this year and 45,000 complaints made.

"Scammers are becoming increasingly sophisticated in their attempts to get your money or personal details. Scams succeed because they look like the real thing and catch you off guard when you’re not expecting it," ACCC Acting Chair Delia Rickard said.

Small business warned to watch out for ransomware

This Fraud Week, the Australian Competition and Consumer Commission is warning small business operators to think twice before opening email files that could contain ransomware after the latest Targeting Scams Report revealed that almost $1 million was lost to these scams last year.

Ransomware is a type of malware that infects a computer system by restricting access unless a ransom is paid to a scammer for the restriction to be removed.

Targeting scams: report of the ACCC on scam activity 2014

This report explains key trends in scam activity and highlights the impact of scams on the community.

ACCC seeks input into review of water charge rules in the Murray-Darling Basin

The Australian Competition and Consumer Commission has released its issues paper seeking submissions on possible amendments to the Commonwealth water charge rules.

The water charge rules regulate the charges imposed upon water market participants in the Murray-Darling Basin.

“The Murray-Darling Basin has one of the most developed water markets in the world. The importance of rural water markets cannot be underestimated in the context of the Australian economy,” ACCC Commissioner Cristina Cifuentes said.

Hang up on an immigration scam

The Australian Competition and Consumer Commission is urging visa holders and Australian citizens to hang up on fraudulent phone calls from scammers.

The ACCC has received reports of scammers impersonating government officials who threaten visa holders and citizens with deportation because they claim these people have not filled out immigration forms correctly.

Scammers are targeting people by demanding up-front fees of around $1,000 to resubmit forms. A high proportion of those targeted have been people from India and Pakistan.