Scam Watch Alert
Scamwatch is calling on businesses to urgently review how they verify and pay accounts and invoices as reports of business email compromise (BEC) scams to Scamwatch have grown by a third this year. “This is a very sophisticated scam, which is why many businesses only realise they’ve been caught out once it’s too late,” ACCC Deputy Chair Delia Rickard said. BEC scams occur when a hacker gains access to a business’s email accounts, or ‘spoof’ a business’s email so their emails