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BEC and remote access scams costing Aussies $86M BEC and remote access scams costing Aussies $86M Both AFP and ACCC warn of rising scams in Australia. Credit: Dreamstime Business email compromise (BEC) scams generated more than $79 million in financial losses during the past 12 months, partly driven by remote working.  According to the Australian Federal Police (AFP), more than 3,300 incidents of BEC have been reported to the Australian Cyber Security Centre (ACSC) in the last 12 months, with more than half of these resulting in financial losses.   This usually is used to redirect legitimate fund transfers to alternative accounts.   In September 2020, an Australian business almost sent a payment of $519,545, followed by another payment of $2,148,938, to a Singaporean bank account after falling for a BEC. 

Chris goldsmidDelia rickardConsumer commission scamwatchAustralian cyber security centreAustralian federal policeReport cyberCybercrime operationsAustralian competitionConsumer commissionIndigenous australiansடெலியா ரிக்கார்ட்ஆஸ்திரேலிய சைபர் பாதுகாப்பு மையம்ஆஸ்திரேலிய கூட்டாட்சியின் போலீஸ்அறிக்கை சைபர்ஆஸ்திரேலிய போட்டிநுகர்வோர் தரகு