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1 in 5 Aussies encounter scams on a daily basis, new research reveals

Avast research has revealed that three-quarters of Aussies have experienced a spike in attempted scams in the last 12 months, and one in five (19 per cent) have been targeted by scammers at least once a day.

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Thu, 25 Aug 2022
1 in 5 Aussies encounter scams on a daily basis, new research reveals
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Email has been the main means by which scammers target their victims, however that risk has now spread to multiple communications channels, with the research showing scams are reaching Australians mainly via email (78 per cent), text message (75 per cent), phone calls (66 per cent), messaging services such as WhatsApp or Facebook Messenger (36 per cent), and social media (31 per cent).

While Avast’s research reveals that most Australians (84 per cent) believe they can identify a scam, with three in five (61 per cent) confident they wouldn’t fall for one, the Australian Competition and Consumer Commission’s (ACCC) Scamwatch tells a different story. Australians have reported over $336 million lost to scams in 2022 (July), compared with $323.7 million over all of 2021, which was already a staggering 84 per cent increase on 2020.

Stephen Kho, cyber security expert at Avast says, "We are in the midst of a scamdemic, and there is a clear disconnect between Australians’ perceived confidence in [their] ability to identify a scam and the increasing amount of money being lost to scams every year.

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"In reality, this is being further fuelled by our own fear of embarrassment, with half (50 per cent) of Australians admitting they would feel embarrassed if they fell for a scam despite the prevalence and sophistication of some of these scams, as scammers get sharper with their tools and scams become increasingly more targeted to individuals’ situations."

The research shows that nearly nine in 10 (89 per cent) respondents agreed that online scams are becoming much more sophisticated, and 44 per cent feel scams are increasingly becoming more personal and targeted.

Many (45 per cent) admit that they would be more likely to fall for a scam that addresses them personally by name.

"The best tool we have for combating this scamdemic is to make a unified effort to speak up about our experiences to help educate others on what to look out for, as scammers become craftier and target us in new ways every day. We need to destigmatise the experience of being scammed," Kho says.

As experts in digital security and privacy, Avast has created the Scamdemic Centre to help educate digital citizens around scams and trigger important conversations and knowledge sharing with family and friends.

"The vast majority of Australians (85 per cent) agree that there needs to be more education around how to avoid falling for a scam, and Avast’s Scamdemic Centre is aimed at playing a role in that while encouraging Australians to share their experiences to further educate the wider digital community and help tackle this ever-growing issue," explains Kho.

The three main reasons Australians believe scams are becoming increasingly difficult to spot are advanced technology being readily available to scammers (73 per cent), the many ways scammers can gain access to their victims’ personal information (i.e. text, email, social media) (62 per cent), and the belief that people share too much information online, making them "easier" targets in the eyes of cyber criminals (60 per cent).

"Australians recognise that people are getting complacent with their online security (44 per cent), but with free digital security products like Avast One, this is easily rectified.

"Avast truly believes in prevention, as it is difficult to recover financial losses after being deceived into handing them over to bad actors," Kho continues.

Kho, cyber security expert at Avast, has tips to help you spot a scam:

  • The sender’s name is vague, and the email address is long or convoluted.
  • The sender’s phone number is international or an unknown local phone number.
  • The email or message is attention-grabbing or alarmist.
  • The call you have received is from an unknown number with a robo speaker.
  • The email or message urges immediate action of some kind.
  • The email, message or call cites some pretence for seeking your personal information, including asking you to log in or confirm your details on a website.
  • The email or message requests payment or a transfer of funds.
  • The email or message urges you to click hyperlinked text or a link without clarifying where you are clicking.

[Related: Hackers leverage deepfake tech to swindle Binance consumers]

camdemic currently facing Australians with three-quarters experiencing a spike in attempted scams in the last 12 months, and one in five (19%) being targeted by scammers at least once a day.

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