Business
Alarming spike in COVID scams as Australian bank accounts targeted – 7NEWS.com.au
There’s been an alarming spike in identity theft during the pandemic that has seen bank accounts and superannuation details compromised by sophisticated scams.
Australias consumer watchdog says identity theft has dramatically increased during COVID-19.
During the COVID-19 pandemic, with more people working and socialising online, we have unfortunately seen a sharp increase in scammers seeking personal information, Australian Competition and Consumer Commission Deputy Chair Delia Rickard said in a statement on Monday.
Once a scammer has that information, they can access bank accounts or superannuation, take out loans in someone elses name or impersona…
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