Category Specific RSS

Categories: News

Opportunistic scammers use coronavirus to spread computervirus

Highly publicised tragedies always seem to summon the most despicable of fraudsters. To the rage of many, we saw during the Australian bushfire disaster over 400 fundraiser scams being reported.

It appears the coronavirus pandemic is no different, with stories of  phishing emails, fraudulent calls and text messages, and even false claims of vaccine cures.

One example sent to us is a poorly worded email which prompts the reader to receive a tax refund. The link will likely allow the scammer to steal the recipient’s MyGov or bank details.

The Australian Cyber Safety Centre (ACSC) has also flagged a scam that is circulating via social media encouraging the recipient to click a malicious link to receive virus related information. 

Although older generations have always been seen as the most ‘at risk’ group to be defrauded by online scams, Gen Z has been increasingly fooled. In 2019, Australians under 25 lost over $5 million to such scams, an increase of 11% year on year – which is a significantly higher increase than any other age group.

The best piece of advice we can give if you receive a suspect communication is to simply avoid clicking links or opening attachments. Especially if you don’t know the sender.

To report a scam, visit the ACCC’s scamwatch page: https://www.scamwatch.gov.au/report-a-scam

Conor Murphy

Conor Murphy is the Marketing Coordinator at TradersCircle

Recent Posts

Biotron Expands into Anaesthetics with Sedarex Acquisition and $2.5m Raise

Biotech company Biotron Limited (ASX:BIT) has announced a bold step into the anaesthetics sector, acquiring…

5 days ago

DroneShield Boosts Defence Capability with $13 Million Adelaide R&D Investment

DroneShield (ASX:DRO) is expanding its Australian footprint with a $13 million investment to establish a…

2 weeks ago

Stakk Secures T-Mobile Contract to Power Super App Expansion

Australian fintech Stakk (ASX:SKK) has signed a three-year agreement with U.S. telecommunications giant T-Mobile USA,…

3 weeks ago

Medibank Backs Emyria with Landmark Depression Care Deal

Australia’s mental health burden is growing – and one of the toughest challenges is treatment-resistant…

4 weeks ago

NoviqTech Launches Quantum Intelligence Products, Opening Path to Enterprise-Grade Quantum AI

NoviqTech Limited (ASX:NVQ) has taken a decisive step into the quantum computing market, unveiling the…

1 month ago

BRE Wins Final Permit to Advance Rare Earth Pilot Plant in Brazil

Brazilian Rare Earths Limited (ASX:BRE) has cleared its last regulatory hurdle to begin pilot operations…

2 months ago