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Cyber experts flag ID theft after ACCC Scamwatch February report – The Australian

Identity theft is the fastest growing type of scam in Australia after the nation was hoodwinked a total of almost $21m by criminals last month.

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  • By Evin Priest
  • NCA NewsWire
  • An hour ago March 15, 2021

Identity theft is the fastest growing type of scam in Australia after the nation was hoodwinked a total of almost $21m by criminals last month.
A monthly report by the Australian Competition and Consumer Commission has revealed Australians lost $1.5m to ID theft in February, while investment scams topped the list at $8.4 million. A total of $20.8m was lost by Australians to scammers.
However, the surge in the number of reports of ID theft has cyber…

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