Aussies are being cautioned to look out for a wave of brand-new rip-offs in 2025, consisting of cybercriminals attempting to target individuals’s superannuation and myGov accounts. Aussies shed a document quantity of cash to cybercriminals this year and professionals have actually cautioned scammers will not be decreasing whenever quickly.
IDCARE, the nationwide assistance centre for targets of identification burglary, stated it had actually seen an “unprecedented rise” in reported economic losses this year. Thousands of Aussies reported being wooled greater than $584 million, with the typical individual shedding $35,400.
Most individuals that had their details jeopardized stated they really did not recognize just how it took place, with the variety of instances credited to “unknown sources” raising considerably throughout the year.
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“It’s also important to remember that behind each statistic is a person—someone who never thought they would be scammed or impacted by cybercrime—until they were,” IDCARE founder and group chief executive David Lacey said.
To help protect yourself next year, IDCARE has identified the top six emerging scam trends to watch out for in 2025.
Have you fallen victim to a scam? Contact tamika.seeto@yahooinc.com to share your story
Cybercriminals have increasingly been targeting Aussies’ myGov accounts and trying to steal their login details.
That’s because myGov is the gateway to a range of government services like Medicare, Centrelink and the Australian Taxation Office (ATO).
“Once compromised, these accounts were used to redirect funds such as tax returns and Centrelink payments into fraudulent bank accounts, resulting in significant financial losses and widespread misuse,” IDCARE said.
Fraudsters will often “phish” for people’s personal information by sending fake text messages and emails pretending to be from the ATO or myGov.
Superannuation scams are also expected to continue into 2025, following an increase this year.
“Cybercriminals exploited vulnerabilities in Commonwealth Government services to access victims’ superannuation accounts,” IDCARE explained.
“Using credentials obtained via ATO-linked services or past data breaches, criminals established fraudulent superannuation accounts in victims’ names.
“They then transferred funds to self-managed superannuation funds or applied for early release through hardship claims.”
Online shopping scams surged this year making up 18 per cent of all cases reported to IDCARE, with Aussies told to be on alert over the Christmas and Boxing Day sales.
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