This week is Scam Awareness Week, a stark reminder to be super vigilant around all forms of banking security as social media scamming hits new heights.
Australians reported losses of $80.2 million to social media scams last year – up 43 per cent on the year before, according to ScamWatch, a government agency.
The week aims to raise awareness to save more people falling prey to unscrupulous scammers.This year’s theme is ‘Share a story, stop a scam’, to encourage Australians to speak up and report scams.
ScamWatch’s advice is:
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