‘Your Account Has Been Hacked’: Crypto and Bank Phishing Scams Surge Across Australia
Aussies are facing a dramatic surge in phishing scams as cybercrooks exploit fear and urgency to trick them into handing over their money and cryptocurrency.
According to the National Anti-Scam Centre’s Scamwatch service, Australians filed over 16,700 phishing scam reports, with victims losing more than $11.1 million between Jan. 1 and March 23, 2025 – a 200% increase in financial losses compared to 2024.
Cryptocurrency Owners Are Prime Targets
Notably, 75% of these losses were attributed to