Email Scams Cost Businesses Millions
Australian businesses lost over $60 million in 2018 because of cybercrime, according to reports to the ACCC and Australian Cybercrime Online Reporting Network. The most prevalent and damaging scams are being run by cybercriminals impersonating businesses and directing customers to pay into a rogue bank account. The scam involves hacking into email accounts and sending false invoices to customers or change of bank account information, all the while directing funds be paid into
