Podcasts about scamwatch

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Best podcasts about scamwatch

Latest podcast episodes about scamwatch

SBS Mandarin - SBS 普通话电台
留学生变演员导演:用短片向骗局“开战”

SBS Mandarin - SBS 普通话电台

Play Episode Listen Later Jun 20, 2026 10:07


根据澳大利亚国家反诈骗中心举报平台 Scamwatch 的数据,冒充中国执法机构对在澳留学生进行诈骗的案件呈现上升趋势。

scamwatch
Friends With Money
Love, lies, and money

Friends With Money

Play Episode Listen Later May 5, 2026 23:20


Romance Scams: ACCC Deputy Chair Catriona Lowe on Red Flags, AI Risks & How to Protect Yourself | Friends With MoneyRomance scams are evolving fast, and the Australian Competition and Consumer Commission wants Australians to recognise the warning signs earlier.On this week's Friends With Money podcast, managing editor Vanessa Walker speaks with ACCC deputy chair Catriona Lowe about the regulator's romance scam awareness campaign and why these crimes cause serious financial loss and long‑lasting emotional harm.Lowe explains that romance scams involve fake relationships designed to steal money and personal data. They often start on dating apps or social platforms before quickly moving to encrypted messaging services. She outlines two common scam models, fast investment pitches and long‑running “slow burn” requests, and reveals Australians reported more than $28.6 million in losses to Scamwatch through 2025.The episode also explores the ACCC's taskforce approach, a new online relationship health check tool, the incoming scams prevention framework for banks, telcos and digital platforms, the role of organised crime and trafficking, and how AI could help ddefeat reverse image searches.Links: ACCC Scamwatch00:30 What are romance scams?02:42 How big the losses are04:45 How scams move online06:18 Industry crackdown tools07:49 Scams prevention framework11:13 Who runs these rings13:47 AI and future scams16:08 Who Is most at risk19:02 Warning signs and next stepsPodcast Links:Listen on Apple PodcastsListen on SpotifyMoney WebsiteYouTube Podcast PlaylistEmail Us: podcast@moneymag.com.auGet stories like this in our newsletter: bit.ly/3GDirbR

SBS Vietnamese - SBS Việt ngữ
Dịch vụ hữu ích: Nhiều người Việt mất tiền, mất vé, lỡ chuyến bay, ACCC cảnh báo lừa đảo vé máy bay cuối năm

SBS Vietnamese - SBS Việt ngữ

Play Episode Listen Later Dec 13, 2025 4:15


ACCC và Scamwatch đã cảnh báo nhiều lần ở Úc về hình thức lừa đảo mua vé máy bay: đại lý nhận tiền, tạo mã đặt chỗ tạm thời, nhưng không xuất vé, để vé tự động hủy mà khách không hay biết.

chuy accc scamwatch
The Briefing
Russia bombs EU meeting + Fresh AI scams target footy & festival tix

The Briefing

Play Episode Listen Later Aug 28, 2025 19:57


Headlines: Authorities have offered sovereign citizen gunman a surrender plan, Russia strikes EU delegation in Kyiv killing 19, California Governor says Trump seeking third term, Queensland passes bill allowing on-the-spot DV orders, and runners from across the globe will be charging across the iconic Harbour Bridge this weekend for the Sydney Marathon. Deep Dive: It’s National Scam Week. Footy fans are hoping to secure tickets for the NRL and AFL finals and when they see their team qualify they jump online to secure tickets. Plus it’s the season for buying tickets for this summer’s music festivals. And it’s peak season for scammers. AI has increasingly become the tool of scammers – so how do you know the tickets you’re buying are legit? In this episode of The Briefing, Dan Mullins is joined by Dr Dimitrios Salampasis, an emerging technology expert at Swinburne University, who explains the latest scams to watch out for and Simon Birmingham, CEO Australian Banking Association, who reveals what banks are doing to keep us safe from scammers. The federal government’s Scamwatch site is here Follow The Briefing: TikTok: @thebriefingpodInstagram: @thebriefingpodcast YouTube: @LiSTNRnewsroom Facebook: @LiSTNR NewsroomSee omnystudio.com/listener for privacy information.

SBS Greek - SBS Ελληνικά
Η Αυστραλία κατέγραψε απάτες ύψους $319 εκατομμυρίων το 2024

SBS Greek - SBS Ελληνικά

Play Episode Listen Later Jan 28, 2025 3:48


Η υπηρεσία Scamwatch, της Αυστραλιανής Επιτροπής Ανταγωνισμού και Καταναλωτών (ACCC), δημοσίευσε τα στοιχεία της σχετικά με τις βασικές απάτες που έπεσαν θύματα οι Αυστραλοί πέρυσι.

accc scamwatch
SBS Mandarin - SBS 普通话电台
批量勒索电邮针对澳人 国家反诈中心发出警告

SBS Mandarin - SBS 普通话电台

Play Episode Listen Later Oct 23, 2024 3:00


过去一周,澳大利亚的Scamwatch收到了数百份报告。这些报告称,黑客侵入收件人的电脑或网络摄像头后,获得了收件人遭到泄露的照片或视频。但是,澳大利亚国家反诈中心表示:“没有证据表明这些邮件背后的犯罪分子,真的可以访问受害者的网络摄像头或电脑。”(点击播放键收听详细报道)

scamwatch
The Morning Show
How deep-fake scams work with Ben Nash 

The Morning Show

Play Episode Listen Later Oct 15, 2024 6:16


A teacher is warning Australians about an Artificial Intelligence scam he fell for that conned him out of his entire life savings leaving his family in financial tatters. According to Scamwatch, a reported $43.4M has been stolen since the start of the year with $30 million of that, related to fake investment scams.  For more, financial author and founder of Pivot Wealth, Ben Nash joins us.See omnystudio.com/listener for privacy information.See omnystudio.com/listener for privacy information.

Defence Connect Podcast
CYBER UNCUT: Scam prevention and protecting the community, with ANZ's Shaq Johnson

Defence Connect Podcast

Play Episode Listen Later Sep 9, 2024 29:36


In this episode of Cyber Uncut, Shaq Johnson – ANZ bank's head of customer protection – joins hosts David Hollingworth and Liam Garman to break down the current scam landscape in Australia, from what the scammers are doing to the real, personal impacts of falling victim to a scam. As Hollingworth says in the podcast, 164,111 scams have been reported to the National Anti-Scam Centre's Scamwatch already this year, so while scams are slowing down, it's still a significant challenge. Our discussion with Johnson opens with what some of the most reported scams are and how they work. Johnson then goes into the challenges that ANZ and other banks face, from tracing accounts linked to money mules and offshore organised scam organisations to whether scam victims should be reimbursed once they've fallen victim and sent money to a scammer. Finally, Johnson explains the unique challenges of being a first responder to scam victims and outlines the approach ANZ takes to support its employees on the coalface of the fight against scammers. Enjoy the podcast, The Cyber Uncut team

Cyber Security Uncut
Scam prevention and protecting the community, with ANZ's Shaq Johnson

Cyber Security Uncut

Play Episode Listen Later Sep 6, 2024 29:36


In this episode of Cyber Uncut, Shaq Johnson – ANZ bank's head of customer protection – joins hosts David Hollingworth and Liam Garman to break down the current scam landscape in Australia, from what the scammers are doing to the real, personal impacts of falling victim to a scam. As Hollingworth says in the podcast, 164,111 scams have been reported to the National Anti-Scam Centre's Scamwatch already this year, so while scams are slowing down, it's still a significant challenge. Our discussion with Johnson opens with what some of the most reported scams are and how they work. Johnson then goes into the challenges that ANZ and other banks face, from tracing accounts linked to money mules and offshore organised scam organisations to whether scam victims should be reimbursed once they've fallen victim and sent money to a scammer. Finally, Johnson explains the unique challenges of being a first responder to scam victims and outlines the approach ANZ takes to support its employees on the coalface of the fight against scammers. Enjoy the podcast, The Cyber Uncut team

SBS Serbian - СБС на српском
Недеља подизања свести о сајбер преварама: "Реци, подели и пријави!"

SBS Serbian - СБС на српском

Play Episode Listen Later Aug 27, 2024 4:07


У оквиру овогодишње Недеље подизања свести о преварама која траје од 26. до 30. августа организација National Seniors Australia позвала је старије Аустралијанце да „пријаве преваре и да поделе своја искуства са другима". Према подацима службе ScamWatch, током 2023 године Аустралијанци старији од 65 година пријавили су више од 72.500 превара са укупним губитком од 120+ милиона долара.

scamwatch national seniors australia
Cork's 96fm Opinion Line
Scam Saviour - Scamwatch Helps Students Avoid Rent Conmen

Cork's 96fm Opinion Line

Play Episode Listen Later Aug 16, 2024 11:53


PJ hears from Laura Harmon of the Irish Council for International Students about the great advice on Scamatch Hosted on Acast. See acast.com/privacy for more information.

The Holistic Accountant
Protecting your business from cybersecurity threats

The Holistic Accountant

Play Episode Listen Later Jul 30, 2024 6:06


Send us a Text Message.In this episode, Stuart and Mena tackle the crucial topic of protecting your business from cybersecurity threats. With 59% of losses reported to the ACCC's Scamwatch in 2022 affecting small and micro businesses, they delve into common cybersecurity threats like ransomware, malicious software, phishing, and business email compromise. They highlight essential cybersecurity practices, such as regularly updating software, using strong passwords with multi-factor authentication, and backing up critical data.Stuart and Mena offer practical steps for implementation, including setting up automatic updates, using password managers, maintaining a regular backup schedule, and developing basic cybersecurity training for employees. They also discuss additional protection measures, such as getting an IT professional to review your risks and considering cyber liability insurance.The episode emphasises the importance of creating a cybersecurity policy and an incident response plan, outlining key elements and the necessity of being prepared for cyber incidents. They recommend resources and support, such as the Australian Cyber Security Hotline, the Digital Solutions - Australian Small Business Advisory Services program, and signing up for ACSC alerts and the Partnership Program.Tune in to learn how to safeguard your business against ever-evolving cyber threats and ensure your cybersecurity measures are robust and up-to-date.If this episode resonated with you, please leave a rating on your favourite podcast platform. It helps us reach more incredible listeners like you. Thank you for being a part of the journey! Click here to subscribe to our weekly email. SPECIAL OFFER: Buy a one of Stuart's books for ONLY $20 including delivery. Use the discount code blog here. Work with Mena & Stuart's team: At ProSolution Private Clients we encourage clients to adopt a holistic and evidence-based approach when making financial decisions. Visit our website. Follow us: Stuart: Twitter/X and LinkedIn. Mena: LinkedInIMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.

SBS Samoan - SBS Samoan
$3 Piliona gaoia e faiga taufa'asese

SBS Samoan - SBS Samoan

Play Episode Listen Later May 2, 2024 6:30


E tusa ai ma faamaumauga a le Scamwatch, o le to'atele o tagata e mailei ma pu'eina e faiga tau fa'asese, o tagata matutua ma tagata fai mai.

scamwatch
Australian Finance Podcast
Investment scams (and how to avoid them) with scam fighter Wadzanai Nenzou

Australian Finance Podcast

Play Episode Listen Later Apr 23, 2024 40:29


We've all watched documentaries and shows on Netflix, such as Tinder Swinder, Inventing Anna, The Wolf of Wall Street, and the FYRE festival, which never happened. But did you know that, so far in 2024, ScamWatch stats show that 45,000 Australians have reported scams this year, totalling financial losses of over $55 million? The leading cause - investment scams. Today, Kate Campbell chats with financial educator and investment scam expert Wadzi Nenzou about protecting ourselves and our loved ones from losing money to an investment scam. Ask a question: https://bit.ly/3QtiY00 Access Show Notes: https://bit.ly/R-notes Kate's book, Buying Happiness: https://bit.ly/kate-amazon Invest with Owen: https://bit.ly/R-invest Mortgage Broking: https://bit.ly/broke-rask Financial Planning: https://bit.ly/R-plan Property Coaching: https://bit.ly/R-P-coach 100-point property checklist (PDF): https://bit.ly/prop-check Accounting with Grey Space: http://bit.ly/3DG5lWS Business Coaching: https://bit.ly/o-coach Pearler, the broker for long-term investors. Sign up to Pearler using the code “RASK” for $15 of Pearler Credit: bit.ly/Pearler DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you're confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

Homebrewed
Ticket scams on the rise as 'Taylor Swift month' begins | Music News

Homebrewed

Play Episode Listen Later Feb 6, 2024 12:19


The The Australian Competition and Consumer Commission (ACCC) has issued a warning to Aussies after it revealed that over $135,000 had been lost to Taylor Swift ticket scams ahead of her Eras tour this year. 273 people are reported to have fallen victim to scams. The ACCC's warnings have come via its Scamwatch website, which raises awareness about Scams in Australia Scammers are getting crafty: The National Anti-Scam Centre said the scammers were using hacked social media accounts to put up posts or send messages to friend lists which include a story about how they can no longer attend the concert and are wanting to sell their tickets at cost price. These posts are sometimes posted in community groups or among friends and appear to be from a trusted source. After the ticket is paid for, the contact disappears and the ticket never arrives. Remember Aus and NSW law states that tickets to an event cannot be resold for more than 10 per cent more than the original purchase price . Tips from the ACCC: As a general rule, the ACCC doesn't advise buying resale tickets through social media. But if you are, it says you should independently contact the friend who is selling the tickets via a different channel to check it is legitimate. Don't feel pressured by a scammers's false sense of urgency to buy immediately Try to use platforms like Apple Pay, Google Pay and PayPal over a bank transfer Contact your bank ASAP and report to Scamwatch if you do fall victim to a scam Share your scam experience with friends and family Thanks for listening! Be sure to subscribe for more content. Like Homebrewed on ⁠Facebook⁠ Follow Homebrewed on ⁠Instagram⁠ Watch our content on ⁠YouTube⁠ Check out our Spotify Playlists ⁠here⁠ Catch up on everything ⁠Homebrewed⁠ Homebrewed is a radio program and podcast dedicated to supporting the Australian Music Industry. Cameron Smith and Eamonn Snow have been presenting Homebrewed since November 2017 and have received excellence awards and the admiration of local bands for their presentation of Homebrewed and their continued support of the Australian music scene. This podcast is designed so you can enjoy conversations with musicians, industry representatives and music media personalities.

Intego Mac Podcast
Episode 327: Tom Cruise Is in the Heating Ducts

Intego Mac Podcast

Play Episode Listen Later Jan 18, 2024 29:11


Apple issues an security patch for its Magic Keyboard. It turns out that Google Chrome's Incognito Mode is not so incognito. AppleCoin, more invoice phishing, and Amazon delivery hacks: they're all scams in this week's ScamWatch. And app sideloading is coming to iPhones in EU countries. Show Notes: Magic Keyboard Firmware Update 2.0.6 Apple Releasing iOS 17.3 Next Week With These New Features Apple GPU security flaw in iPhone 12 and M2 MacBook Air LeftoverLocals: Listening to LLM responses through leaked GPU local memory Apple Watch drops blood oxygen features to dodge the import ban Apple May Sell Series 9 and Ultra 2 Watches Without Blood Oxygen App in U.S. Amid Patent Dispute Apple iPhone global market share reaches top spot in 2023 App Store to Be 'Split in Two' Ahead of EU iPhone Sideloading Deadline PSA: Warn your non-techy friends about fake AppleCoin ads Grieving mother falls victim to Amazon one-time password ‘scam' “Geek Squad” Emails Scam Sends Fake Invoices Using HousecallPro Servers Google fixes first actively exploited Chrome zero-day of 2024 Google quietly updates Chrome's incognito warning in wake of tracking lawsuit Am I Unique? Beeper Mini users find Macs banned from iMessage network Sosumi Intego Mac Premium Bundle X9 is the ultimate protection and utility suite for your Mac. Download a free trial now at intego.com, and use this link for a special discount when you're ready to buy.

SBS Vietnamese - SBS Việt ngữ
Kẻ lừa đảo dưới dạng ông già Noel xuống phố, người mua hàng trực tuyến được cảnh báo hãy cẩn thận

SBS Vietnamese - SBS Việt ngữ

Play Episode Listen Later Dec 19, 2023 4:21


Tổ chức theo dõi các vụ lừa đảo Scamwatch cho biết, người Úc đã mất hơn 7 triệu đô la vì các vụ lường gạt mua sắm trực tuyến trong năm, tính đến tháng 11. Giờ đây chỉ còn một tuần nữa là đến Giáng sinh, các công ty viễn thông lớn và cơ quan giám sát người tiêu dùng quốc gia cảnh báo mọi người nên cẩn thận hơn, khi mua quà trực tuyến.

gi scamwatch
SBS Filipino - SBS Filipino
Babala sa mga mamimili mag-ingat laban sa mga online scam

SBS Filipino - SBS Filipino

Play Episode Listen Later Dec 19, 2023 5:03


Ayon sa Scamwatch, pumalo na sa 7 million dollars ang perang nakuha ng mga online scammers mula sa online shopping sa taong ito.

SBS World News Radio
Scammer Claus is coming to town: online shoppers warned to be careful

SBS World News Radio

Play Episode Listen Later Dec 18, 2023 3:24


Scamwatch says Australians have lost more than 7 million dollars to online shopping scams over the year to November. Now, just one week out from Christmas, major telcos and the national consumer watchdog are warning people to take extra care when shopping for gifts online.

Jay and Dave for Breakfast - Triple M Mackay & The Whitsundays

Heidi is the Executive General Manager for the National Anti-Scam Centre which runs Scamwatch.  Last year, October and November were the biggest months for people falling for scams in the lead-up to Christmas – 50,000 scams were reported to Scamwatch, and $3.1 Billion was lost by Aussies last year.See omnystudio.com/listener for privacy information.

The Skeptic Zone
The Skeptic Zone #788 - 12.November.2023

The Skeptic Zone

Play Episode Listen Later Nov 11, 2023 45:27


0:00:00 Introduction Richard Saunders 0:03:32 You Can Count on Adrienne This week Adrienne interviews Susan Gerbic ftom Guerrilla Skeptics on Wikipedia. Susan, together with a host of other sceptics, as soon to head to Melbourne for the Australian Skeptics National Convention. Find out what Susan will be talking about in Melbourne and how you can meet this inspirational, skeptical activist. http://www.skepticon.org.au 0:10:24 The Book of Tim. With Tim Mendham What Goes Around By Tim Mendham Geese, Golddiggers and San Francisco. A reading from The Skeptic, Vol. 34 No. 3 http://www.skeptics.com.au 0:18:32 Testing a Paranormal Claim We join the Center for Inquiry Investigations Group as they test a claim of being sble to move clouds with paranormal powers. Incudes commentary by Kenny Biddle, Chief Investigator for the CENTER FOR INQUIRY. https://cfiig.org 0:27:10 A Dive into a Trove A wander through the decades of digitised Australian newspapers on a search for references to "Telepathic Twins". http://www.trove.nla.gov.au Also   10 Years Ago The Skeptic Zone #264 - 9.November.2013 Maynard's Spooky Action... Maynard interviews Dr Rob Morrison about 'The Curiosity Show', an Australian educational children's television show produced from 1972 to 1990. Find out how the show started, some of the adventures along the way and how you and your children can now enjoy this landmark of Australian TV - A Week in Science - Don't get fooled at the Track. From the Scamwatch web site, advice about not getting taken for a ride at the racing track - Sydney Skeptics in the Pub. The question this week... If you could go to Mars but not come back.. would you? https://skepticzone.libsyn.com/the-skeptic-zone-264-9-nov-2013

san francisco australian dive mars track testing melbourne wikipedia vol pub skeptic maynard gold diggers chief investigator spooky action you can count scamwatch susan gerbic kenny biddle rob morrison center for inquiry skeptic zone australian skeptics national convention sydney skeptics
CPA Australia Podcast
Crime By Numbers: Unravelling million-dollar man in the middle schemes, the invoice fraud that costs millions

CPA Australia Podcast

Play Episode Listen Later Oct 2, 2023 22:11


This is a special cybersecurity awareness month edition of With Interest. Governments, businesses large and small, and individuals – no-one is safe from man in the middle attacks. Just ask Google, Facebook or Puerto Rico. Also known as payment redirection or invoice fraud, these schemes are devasting, highly profitable, growing and evolving. Join our cyber and consumer experts to find out what it takes to defeat these money mules. Tune in now.   Host: Jacqueline Blondell, Editor, CPA Australia Guests: Alastair MacGibbon is Chief Strategy Officer at CyberCX. He's has spent 20 years in the cyber security space, including as a former special advisor to the Australian Prime Minister on cyber security. Delia Rickard is a former Deputy Chair at the Australian Competition and Consumer Commission (ACCC) and has spent a decade fighting scammers. Show notes The ACCC's Scamwatch website includes fraud prevention advice, case studies and up-to-date data on what different types of frauds are costing the Australian people. If you'd like to read more about invoice fraud, including the schemes discussed in this episode, these links have information through press releases, documents and news articles.  ·        Puerto Rican fraud  https://www.nytimes.com/2020/02/13/us/puerto-rico-phishing.html ·        https://www.trendmicro.com/vinfo/hk-en/security/news/cybercrime-and-digital-threats/puerto-rico-loses-millions-in-email-scam ·        https://www.nbcnews.com/news/latino/puerto-rico-says-it-was-scammed-out-2-6-million-n1136191 ·        Toyota fraud Toyota Parts Supplier Hit By $37 Million Email Scam (forbes.com) ·        https://www.cpomagazine.com/cyber-security/toyota-subsidiary-loses-37-million-due-to-bec-scam/ ·        Facebook, Google fraud Lithuanian pleads guilty in U.S. to massive fraud against Google, Facebook | Reuters ·        Barbara Corcoran fraud How Barbara Corcoran almost lost $400,000 to an email scam (cnbc.com) ·        Phishing in Australia Phishing - scam emails | Cyber.gov.au CPA Australia publishes four podcasts, providing commentary and thought leadership across business, finance, and accounting:  With Interest INTHEBLACK INTHEBLACK Out Loud Excel Tips Search for them in your podcast app.  You can email the podcast team at podcasts@cpaaustralia.com.au

Friends With Money
Protect yourself from scams!

Friends With Money

Play Episode Listen Later Jun 20, 2023 15:47


Scammers fleeced a record $3 billion from Australians last year. Highly-sophisticated and brazen scammers are out to steal your hard-earned cash, and many victims have been left penniless.  This week on the Friends with Money podcast, Money's Michelle Baltazar speaks with Catriona Lowe, Deputy Commissioner of the ACCC, about the worrying rise of online scams and how you can protect yourself. What are the top current scams? What should you watch out for? What to do if you are scammed Can you get your money back? Scamwatch #friendswithmoney #catrionalowe #michellebaltazar #scams #accc Listen on Apple Podcasts: https://apple.co/3mV0Cbr   Listen on Google Podcasts: https://bit.ly/3qGfsoL   Listen on Spotify: https://spoti.fi/3fSPI2h   Website: https://moneymag.com.au   Email: podcast@moneymag.com.au  See omnystudio.com/listener for privacy information.

SBS Arabic24 - أس بي أس عربي ۲٤
كيف نتجنب الوقوع ضحية المحتالين الذين ينتحلون صفة موظفي سنترلينك؟

SBS Arabic24 - أس بي أس عربي ۲٤

Play Episode Listen Later May 23, 2023 9:54


يقع آلاف الأشخاص ضحية عمليات الاحتيال التي ينتحل فيها أشخاص هوية موظفي خدمات Services Australia. فقد كشف موقع Scamwatch أن الأستراليين خسروا أكثر من 45 مليون دولار في عمليات الاحتيال في شهر آذار/مارس وحده. لذا كيف يمكن الحفاظ على أمان حساباتكم ومعلوماتكم لتجنب الوقوع في عمليات الاحتيال هذه؟

SBS Italian - SBS in Italiano
"Diffidate delle telefonate e dei messaggi che sembrano provenire dalla vostra banca", avverte ScamWatch

SBS Italian - SBS in Italiano

Play Episode Listen Later Apr 6, 2023 15:34


Scamwatch ha reso noto che nel 2022 ha ricevuto 14.603 segnalazioni di truffe in cui i criminali hanno finto di essere una banca, e queste truffe sono risultate in perdite per oltre 20 milioni di dollari.

SBS World News Radio
New Year, new job? ACCC warns beware of scammers

SBS World News Radio

Play Episode Listen Later Jan 3, 2023 4:16


The Australian competition regulator's Scamwatch is warning young people, vulnerable groups and multicultural communities to protect their personal information when applying for jobs and to beware of job offers made through social media platforms or messaging services such as Whatsapp. SBS News speaks to ACCC Deputy Chair Delia Rickard.

SBS Dari - اس بی اس دری
افزايش فريبكارى ها و توصيه ها براى محافظت از آنها

SBS Dari - اس بی اس دری

Play Episode Listen Later Dec 3, 2022 6:38


طبق يك گزارش ادارۀ نظارت بر فريبكارى و كلاه بردارى موسوم به Scamwatch، اين فعاليت جنائى در آستراليا در حال افزايش بوده است. متخصصين امنيت سايبرى براى جلوگيرى از افتادن در دام اين جنايتكاران توصيه هاى دارند كه آنها را در اينجا شنيده ميتوانيد.

scamwatch
Muslim Community Radio
Narelle Devine - Scamwatch 1 - 12 - 2022

Muslim Community Radio

Play Episode Listen Later Dec 1, 2022 19:18


A report from ACCC's Scamwatch reveals cyber scams are increasing, with over 166,000 reported in the first nine months of the year. Email is the third most commonly reported mode of attack reports) after phone and SMS scams. New data from Telstra reveals that 7,600 malicious emails are blocked from reaching inboxes every minute – that's around 332 million emails every month! You listen to more details about this topic from Narelle Devine, Chief Information Security Officer, Asia Pacific - Telstra. كشف تقرير صادر عن سكام واتش من ACCC أن عمليات الاحتيال عبر الإنترنت آخذة في الازدياد ، حيث تم الإبلاغ عن أكثر من 166000 حالة في الأشهر التسعة الأولى من العام. ويعد البريد الإلكتروني هو ثالث أكثر طرق الهجوم شيوعًا بعد الهاتف وعمليات الاحتيال عبر الرسائل القصيرة.. وقدكشفت البيانات الجديدة من Telstra أنه يتم حظر 7600 رسالة بريد إلكتروني ضارة من الوصول إلى صناديق البريد كل دقيقة - أي حوالي 332 مليون رسالة بريد إلكتروني كل شهر! والخطورة تكمن في أن رسائل البريد الإلكتروني الخادعة الشائعة يمكن أن تحتوي على مرفقات برامج ضارة ، ودعوات لتسليم بياناتك الشخصية إلى المحتالين ، وما شابه. تفاصيل أكثر ستستمعون إليها من Narelle Devine كبيرة مسؤولي أمن المعلومات في آسيا والمحيط الهادئ لدى تليسترا، وذلك ضمن برنامج خبر ووجهة نظر مع الحاجة فاتن الدنا.

The Competitive Edge
Work in Progress: Elizabeth Avery on progressive antitrust in the US and beyond

The Competitive Edge

Play Episode Listen Later Nov 24, 2022 31:15


Group leader Elizabeth Avery reports from a world tour of competition law conferences with an update on the new progressive antitrust which is quickly occupying the mainstream in the US, Europe and beyond. Plus ex ante or up-front regulation on the horizon with latest Interim Report in the Digital Platform Services Inquiry, an update on merger reform proposals, a lamentable rise in poetry scams, and class actions for cyber incidents. All this and more with co-hosts Moya Dodd and Matt Rubinstein of The Competitive Edge with Gilbert + Tobin.   Links: The ACCC's Digital Platform Services Inquiry Interim Report, September 2022  (Reppo No. 5) G+T's take on the Interim Report The Northern Ireland Assembly commissioned a briefing paper on the etymology of "ombudsman" Scams Awareness Week 2022 at Scamwatch. IP + Tech partner Michael Williams talks to the Law Society Journal about privacy and data breaches. Speeches from the 49th Fordham Antitrust Conference: FTC Chair Lina Khan, DOJ AAG Jonathan Kanter, EC EVP Margrethe Vestager, and ACCCCGCG. FTC Chair Lina Khan's address to Utah Law conference: "The New Roaring Twenties: the Progressive Agenda for Antitrust and Consumer Protection". MLex, "Big Tech could still face tailor-made merger thresholds in Australia, antitrust chief says" [$] Meet the Gilbert + Tobin Competition + Regulation team Email us at edge@gtlaw.com.au and follow us @gtcompedge See omnystudio.com/listener for privacy information.

Squiz Today
Thursday, 10 November: The Medibank hack takes a wild turn; Holding back a red wave; Controversy before the World Cup; And giving up the royals for love

Squiz Today

Play Episode Listen Later Nov 9, 2022 10:28


The Squiz is your shortcut to the news. More details and links to further reading for all of today's news can be found in The Squiz Today email. Click here to get it in your inbox each weekday morning. If you've been affected by the Medibank hack, you can get help from Medibank support or Scamwatch. You can listen to the Squiz Shortcut about the G20 summit here. Other things we do: Squiz Shortcuts - a weekly explainer on big news topics Squiz Kids - a news podcast for curious kids. Age-appropriate news without the nasties!

SBS Arabic24 - أس بي أس عربي ۲٤
"لا يمكن أن تثق بالمحتالين": هل كان يجب على Medibank دفع الفدية؟

SBS Arabic24 - أس بي أس عربي ۲٤

Play Episode Listen Later Nov 9, 2022 14:25


بين يناير وسبتمبر من هذا العام ، خسر الأستراليون 424.8 مليون دولار للمحتالين. لكن 13 في المائة فقط من الضحايا أبلغوا عن جرائم لـ Scamwatch.

medibank scamwatch
Squiz Today
Tuesday, 8 November: More problems for Medibank; The US midterm elections kick off; Sniffling through spring; And a special sight in the skies tonight

Squiz Today

Play Episode Listen Later Nov 7, 2022 10:28


The Squiz is your shortcut to the news. More details and links to further reading for all of today's news can be found in The Squiz Today email. Click here to get it in your inbox each weekday morning. If you've been affected by the Medibank hack: 24/7 Medicare support site and tips from Scamwatch to protect yourself. If you want to find out the best time to see tonight's blood moon lunar eclipse where you are, click here. Read The Squiz's Women and News Report here. Other things we do: Squiz Shortcuts - a weekly explainer on big news topics Squiz Kids - a news podcast for curious kids. Age-appropriate news without the nasties!

Military Wife Life
140.Protecting our Data & Identity- What we can all do TODAY!

Military Wife Life

Play Episode Listen Later Oct 13, 2022 25:26


Protecting our Data & Identity- What we can all do TODAY!   By now, most of us would have heard about the Optus data breach, which compromised the sensitive information of up to 10 million customers. The Optus data breach highlights and reminds us that we live in a world where scammers exist and where there is a real need for all of us to increase our vigilance. On this week's Military Life Podcast Episode, Head of Fraud at Defence Bank Mike Smith and Michael O'Reilly, Chief Marketing & Product Officer talk us through;   -What happens when there is a data breach, who notifies us and which information to trust? -Why we should all be monitoring our credit history and scores and how it can provide an early warning sign of identity theft. You can also check out Defence Banks Intel Blog ‘How to use your credit score to uncover identity theft' -How to check our credit history and scores via platforms like Equifax, RateCity, Credit Savvy or Finder and how regularly we should be doing it. You can also check out Defence Bank's Intel Blog article ‘How often should I be checking my credit score?' -Why someone would want to steal our identity and what our identity can be used for. -Phishing scams- What are they and the popular ones circulating at the moment like the Netflix Scam, the Toll Road Scam and the Hi Mom Scam. You can also check out Defence Banks Intel Blog ‘Five Major Phishing Scams you need to avoid' -Available information and resources to help you stay ahead of scammers and protect your personal information.  -ScamWatch, the Australian Security Centre, MoneySmart and the Office of the Australian Information Commissioner and IDCare, a not-for-profit that provides free support to Australians who have been impacted by fraud or scams. -How we can determine if someone is trying to scam us and the steps we can take if the unfortunate happens and we fall victim to a data breach, scam or identity theft. You can also check out Defence Banks' Intel Blog ‘What can you do if you've been scammed?' -Free and safe Government resources we can access if we have been impacted by fraud or scams and the ways we can prevent further impact through things like requesting a ban on our credit report. -What can be learnt from the OPTUS data breach for consumers, and going forward, what should be front of mind for all of us?   Your best defence is to stay one step ahead of scammers by reading up on the latest information and scams in circulation. Defence Bank has a series of blog articles about scams, fraud and security. Read more by visiting their website here. You can find out more information about Credit History/Score platforms Equifax here, or RateCity here, or Credit Savvy here, or Finder here.

SBS Vietnamese - SBS Việt ngữ
Scamwatch cảnh báo người Úc cẩn thận với kẻ xấu trên mạng sau vụ tấn công dữ liệu Optus

SBS Vietnamese - SBS Việt ngữ

Play Episode Listen Later Oct 4, 2022 9:39


Cơ quan giám sát người tiêu dùng Úc cảnh báo người Úc và các doanh nghiệp bị ảnh hưởng bởi vụ tấn công dữ liệu công ty Optus hãy chú ý những tin nhắn lừa đảo đang lan truyền. Các chuyên gia thúc giục chính phủ cần suy nghĩ về các đạo luật mạnh mẽ hơn nhằm bảo vệ thông tin bảo mật của người Úc.

optus scamwatch
SBS Filipino - SBS Filipino
Scamwatch warns Australians to be vigilant against scams following Optus breach - Scammers puntirya ang mga customer na apektado ng Optus data breach

SBS Filipino - SBS Filipino

Play Episode Listen Later Oct 4, 2022 10:14


Australia's consumer monitoring body is warning Australians and businesses affected by the Optus data breach to be on the lookout for scam messages that are already circulating. - Nagbabala ang consumer monitoring body ng bansa sa mga Australians at negosyong apektado ng Optus data breach na maging mapagmatyag sa mga kumakalat na scam messages.

SBS Hindi - SBS हिंदी
Scamwatch warns Australians to be vigilant against scams after Optus data breach

SBS Hindi - SBS हिंदी

Play Episode Listen Later Oct 4, 2022 10:07


Australia's consumer monitoring body is warning Australians and businesses affected by the Optus data breach to be on the lookout for scam messages that are already circulating. To keep Australians' sensitive information protected, experts are now urging the government to consider stronger legislation.

SBS Sinhala - SBS සිංහල වැඩසටහන
"Scamwatch" warns Australians to be vigilant against scams following Optus breach - Optus දත්ත සොරකමත් සමග සිදුවන වංචා වලින් ප්‍රවේශම් වන්නැයි "Scamwatch" අන

SBS Sinhala - SBS සිංහල වැඩසටහන

Play Episode Listen Later Oct 4, 2022 8:23


Today - 04 October, SBS Sinhala Radio current Affair Feature on "Scamwatch" warns Australians to be vigilant against scams following Optus breach - ඔක්තෝබර් 04 වන දා අඟහරුවාදා ප්‍රචාරය වූ SBS සිංහල සේවයේ කාලීන තොරතුරු විශේෂාංගයට සවන්දෙන්න.

SBS World News Radio
Scamwatch warns Australians to be vigilant against scams following Optus breach

SBS World News Radio

Play Episode Listen Later Oct 3, 2022 8:34


Australia's consumer monitoring body is warning Australians and businesses affected by the Optus data breach to be on the lookout for scam messages that are already circulating. Experts are urging the government to consider more robust legislation to protect the sensitive information of Australians.

SBS Macedonian - СБС Македонски
Scamwatch warns Australians to be vigilant against scams following Optus breach - Scamwatch ги предупредува Австралијците да бидат внимателни за измамите по аферата со Оптус

SBS Macedonian - СБС Македонски

Play Episode Listen Later Oct 3, 2022 11:55


Australia's consumer monitoring body is warning Australians and businesses affected by the Optus data breach to be on the lookout for scam messages that are already circulating. Experts are urging the government to consider more robust legislation to protect the sensitive information of Australians. - Австралиското тело за следење на потрошувачите ги предупредува Австралијците и бизнисите погодени од прекршувањето на податоците на Оптус да внимаваат на пораките за измама што веќе циркулираат. Експертите бараат од владата да разгледа поцврста легислатива за заштита на чувствителните информации на Австралијците.

Anxiety Road Podcast
ARP 282 A Rock and Health Literacy

Anxiety Road Podcast

Play Episode Listen Later Mar 25, 2022 10:52


This episode is about a rock, actually a crystal, that caused me to think about the multiple times a day someone is trying to sell me something. A thing they think I want.  Or need.  And if I am vulnerable, like I might just want that scoop of designer ice cream as an adventure in tasting, I'll go along with the bit. Men's shaving and grooming kits. Not so much. That happens if I'm watching a wood crafting  or male garden videos. Or non-political preppers.  There are such people and what they are doing is important. But I don't need to see a bunch of fear based ads on the collapse of the world unless I fork up money for dehydrated food. Anyway, there are people and companies salivating about the mental health marketplace. I get pitches all of the time from drug rehab companies, therapists from other countries, and public relations people who prove that seven out of ten times they are not reading or listening.   It seems researching is not a fundamental part of their profession.  Maybe that is a bit harsh.   Let's put it this way. The competent ones know not to send me a pitch for an interview.   Dancing at the headbanging ball, I tell you.   Anyway, this episode is about being cautious about the claims of products, services and entities claiming to aid you in your quest to do something about your anxiety symptoms.    Don't let the Instagram fool you. Just cuz you see it on Esty does not make it a safe purchase.   One major point I'd like to emphasis; count the number of condition the product claims to treat. Are they related? Most time it claims to fix everything from foot pain to face acne.    And you know that isn't possible. You don't go to the foot doctor for a sunburn on you face. At least, I hope you don't.   If you need support contact the National Suicide Prevention Lifeline at 1-800-273-8255, the Trevor Project at 1-866-488-7386 or text “START” to 741-741. Resources Mentioned:  From the Australian Competition & Consumer Commission there is Scamwatch. Does a good job of explaining how a scam works.  One of the items mentioned is that the treatment is effective against a range of unrelated conditions.   From the U.S. Food and Drug Administration, there is a page on 6 Tip-offs to Rip-offs: Don't Fall for Health Fraud Scams.   There is also a FDA there is a searchable database on known fraud products. You can type in a search for anxiety, depression or almost any health condition and a list of problem products will appear.   Disclaimer:  Links to other sites are provided for information purposes only and do not constitute endorsements.  Always seek the advice of a qualified health provider with questions you may have regarding a medical or mental health disorder. This blog and podcast is intended for informational and educational purposes only. Nothing in this program is intended to be a substitute for professional psychological, psychiatric or medical advice, diagnosis, or treatment.  

SBS Arabic24 - أس بي أس عربي ۲٤
أخطاء تجنبوها لعدم الوقوع في عمليات الاحتيال الإلكترونية

SBS Arabic24 - أس بي أس عربي ۲٤

Play Episode Listen Later Mar 9, 2022 9:43


يوفر موقع Scamwatch الذي تديره لجنة المنافسة والمستهلكين الأسترالية (ACCC) معلومات للأشخاص والشركات الصغيرة لتجنب التعرض للاحتيال الإلكتروني واكتشافه قبل الوقوع في فخ الاحتيال.

rtl accc scamwatch
Tech Guide
Tech Guide Episode 486 - Samsung teases S22, record $323m lost to scams

Tech Guide

Play Episode Listen Later Jan 24, 2022 44:18


Samsung has teased it's new upcoming flagship Galaxy S22 smartphones, Australians lost a record $323m in scams in 2021 and 3 in 5 Australians working from home are unhappy with their internet connection, we take a listen to the Bowers & Wilkins Zeppelin all-in-one speaker system, Canon has launched the EOS R5 C its first full frame 8K camera, Boost Mobile if offering more refurbished iPhones through Coles Supermarkets and we'll answer all your questions in the Tech Guide Help Desk.

The Briefing
The explosion of phone-based scams

The Briefing

Play Episode Listen Later Nov 11, 2021 19:59


Why is everyone being bombarded with scam texts?  We've all received a message about a parcel, or a tax bill, a Nigerian prince, or Australian Border Force.   So, what's with the explosion of phone-based scams? Ian from Clayfield in Brisbane received the DHL text and ended up losing $126 – and even worse, the scammers accessed his credit cards.  Others have lost thousands of dollars.   Delia Rickard is Deputy Chair of the Australian Competition and Consumer Commission.  The ACCC has launched ScamWatch to advise us how to protect ourselves and our bank accounts.   It's Scam Awareness Week.   In this Briefing, why are we being bombarded with scam texts, and what you should do to protect yourself.   Todays Headlines Elon Musk confirms Tesla share sale QLD Premier flags possible restrictions after Gold Coast cases Victoria next in line for flooding after rain hits NSW Dylan Alcott hints at political run US and China come together in final days of COP26 Follow The Briefing Instagram: @thebriefingpodcast  Facebook: TheBriefingNewsAU Twitter: @TheBriefingAU  See omnystudio.com/listener for privacy information.

Download This Show - ABC RN
Why are we getting so many scam texts?

Download This Show - ABC RN

Play Episode Listen Later Oct 7, 2021 28:22


If you've been getting strange calls and text messages asking you to click links or hand over personal information, you're not alone. Scamwatch has reported a record $211 million in losses to scams so far this year – an 89 per cent increase compared to the same period last year. So where are the scams coming from and what should you do when you're targeted? Plus - YouTube removes all anti-vaccine misinformation, Donald Trump sues to get back on Twitter and the Facebook whistle-blower goes public.   Guests: Amanda Yeo, host of the Queens of the Drone Age podcast & Kunal Kalro, Founder and CEO of Eugene

Will & Woody
⚡️MINI:

Will & Woody

Play Episode Listen Later Aug 25, 2021 4:44


See omnystudio.com/listener for privacy information.

scams texts scamwatch
Queens of the Drone Age
Sometimes Tech Re-Invents The Bus

Queens of the Drone Age

Play Episode Listen Later Apr 4, 2021 32:56


The Queens reminisce about the most spectacular tech fails over the last few years - like 3D movies and TVs, Juicero, Hoverboards and the ill-fated Quibi.Plus: Rae checks out the AllTrails hiking app, Rad has a play in the Oppo ecosystem and Tegan exposes a new text message scam....Show Notes:Here's Tegan's article on the Signal text message scam that is posing as Amazon, and here's one from last year where the scammers actually had Tegan's name and tried to phish that way.If you're worried you've been scammed, or just want to report one you've seen, head over to Scamwatch.Tegan's review of the Oppo Reno 5G, AKA the one with the pop-up shark fin selfie cam.The Oppo Find X3 Pro Has A Huge Camera With An Intense Microscope Lens.The All Trails app Rae has fallen in love with.Rae and Rad talk about Quibi on Download This Show. Dummy on Quibi from Cody Heller (partner of Dan Harmon) was genuinely delightful. RIP Quibi.Why 3D movies failed.3D TV is dead, so what's next?Why 3D glasses stopped being red and blue.Hoverboards aren't actually hoverboardsHoverboard jackings were real!That time Segway sued Not Hoverboards.Russell Crowe's Hoverboard tantrum.Hoverboard causes Melbourne house fire and just kept catching fire in general and eventually got recalled in Australia before being straight up banned.We guess that fire-resistant hoverboard bag wasn't enough.Hoverboard porn sure does exist.That battery invented to stop hoverboards from exploding.Squeeze Out A Bag For Juicero, Which Is Dead Now.Juicero's Ex-CEO Says He Is Doing Really Well, Also Gets Pretty Mad When Asked About Juicero.That time Silicon Valley re-invented the bus.The ice cream pod machine is very real. Learn more about your ad choices. Visit megaphone.fm/adchoicesSee omnystudio.com/listener for privacy information.

Queens of the Drone Age
Sometimes Tech Re-Invents The Bus

Queens of the Drone Age

Play Episode Listen Later Apr 4, 2021 34:41


The Queens reminisce about the most spectacular tech fails over the last few years - like 3D movies and TVs, Juicero, Hoverboards and the ill-fated Quibi. Plus: Rae checks out the AllTrails hiking app, Rad has a play in the Oppo ecosystem and Tegan exposes a new text message scam. ... Show Notes: Here's Tegan's article on the Signal text message scam that is posing as Amazon, and here's one from last year where the scammers actually had Tegan's name and tried to phish that way. If you're worried you've been scammed, or just want to report one you've seen, head over to Scamwatch. Tegan's review of the Oppo Reno 5G, AKA the one with the pop-up shark fin selfie cam. The Oppo Find X3 Pro Has A Huge Camera With An Intense Microscope Lens. The All Trails app Rae has fallen in love with. Rae and Rad talk about Quibi on Download This Show. Dummy on Quibi from Cody Heller (partner of Dan Harmon) was genuinely delightful. RIP Quibi. Why 3D movies failed. 3D TV is dead, so what's next? Why 3D glasses stopped being red and blue. Hoverboards aren't actually hoverboards Hoverboard jackings were real! That time Segway sued Not Hoverboards. Russell Crowe's Hoverboard tantrum. Hoverboard causes Melbourne house fire and just kept catching fire in general and eventually got recalled in Australia before being straight up banned. We guess that fire-resistant hoverboard bag wasn't enough. Hoverboard porn sure does exist. That battery invented to stop hoverboards from exploding. Squeeze Out A Bag For Juicero, Which Is Dead Now. Juicero's Ex-CEO Says He Is Doing Really Well, Also Gets Pretty Mad When Asked About Juicero. That time Silicon Valley re-invented the bus. The ice cream pod machine is very real.

Captain Bagrat
EPISODE #69 – SCAMWATCH AUSTRALIA!

Captain Bagrat

Play Episode Listen Later Oct 12, 2020 24:30


Have you been a victim of a scam? We lay it out on some top scams happening in Australia. Scammers impersonating official government authorities as well as the Indian Consulate. Oppa Adam rants about property managers while an Indonesia entrepreneur is footing chicken feet! Flights to nowhere is the only way to fly, but bet they don't sell out as fast as Cathy Freeman's 2000 Olympic record! Timestamp: Intro; [2:05] Unexpected Asia on Indonesia chicken feet leather shoes + Trending Flights to Nowhere; [9:56] Pond of Ponders on Scamwatch Australia + Have you been a victim of a scam?; [19:31] Secret Asian…Asianish on Cathy Freeman, the fastest 1/8 Chinese in Australia!; [23:13] Outro ***** THANK YOU LISTENERS! Thank you for listening to Captain Bagrat and supporting our Mission to Fight Boring News in Asia and Australia! YOUR MISSION should you dare to accept it is to click on a Captain Bagrat episode of your persuasion and leave a review on ApplePodcast! Click here http://ow.ly/XVVa30q07P6 SHOUT OUT + U R A WINNER | We will give everyone who have reviewed Captain Bagrat a special shout out! We will pick a winning review each month. The lucky winner will have the chance to podcast with Captain Bagrat in Downtown Chinatown! You pick the topic! Madam Chan will prep a cocktail of your choice and Liam will croon your fav song! #DoIt FANCLUB | Throw a few bucks at us each month on Patreon + TELL US WHAT YOU WANT! That'll keep us busy at the recording studio. Your support will forever be honoured with early access to new episodes, behind the scenes, patron only messages and more. Click here https://www.patreon.com/CaptainBagrat SPONSOR | Why not throw a few '00s or even ‘000s at us. In-kind sponsorship is also great. WE WILL NEVER SAY NO TO BEERS! Like Trump, we love quid pro quo deals! Contact us at Captain.Bagrat@gmail.com or Facebook to strike a deal and get your brand noticed! FOLLOW US: Facebook https://www.facebook.com/captainbagrat/ Instagram https://www.instagram.com/captainbagrat/?hl=en Apple Podcast http://ow.ly/XVVa30q07P6 Spotify http://ow.ly/VlWf30q07Nm Youtube https://www.youtube.com/channel/UCT9jjT1khKsG4UwZRngYa2g Patreon https://www.patreon.com/CaptainBagrat Thanks for your support! Bagrat Out! --- Send in a voice message: https://anchor.fm/captainbagrat/message

The Michael Yardney Podcast | Property Investment, Success & Money
What most Investors don't Understand About Risk | Avoid These Investment Scams

The Michael Yardney Podcast | Property Investment, Success & Money

Play Episode Listen Later Feb 4, 2019 27:20


All investing is associated with some level of risk. But if you're taking on too much risk, you may be speculating, when you think you're investing. In today's episode, I'm going to talk about the difference between investing and speculating as well as a number of myths about risk that most investors don't understand. Then I'll have a chat with Bessie Hassan, of Finder.com.au about the risk of getting scammed. You may be surprised to learn that Australians lose more than a million dollars a week in scams. We'll talk about who gets scammed, what to watch out for, and how to protect yourself. What most investors don't understand about risk What's the difference between investing and speculating? Investing is purchasing an asset to earn a return. You make the decision based on evidence, based on fundamentals, based on long-term horizons so that timing isn't an important part of it, and you aim to profit from it. Speculation is riskier. It's based on the hope of a profit. It's based on hearsay or the next hotspot or chasing the next big thing. It's usually based on short-term time frames, so timing the market is important. And you're hoping to make money out of a rising market, and therefore it's less reliable than investing. So why do some investors think they're investing when they're really speculating? They're looking for the next growth area or the next hotspot. They're looking for something that will work now. On the other hand, strategic investors don't look for investments that will work “now”, they look for investments or locations that have always worked  - they invest in properties and locations that have worked in the long term. That's the big difference between investing and speculating. The myth of risk What most of us have been taught about risk is wrong, and it's probably holding you back from achieving real wealth. If you are like most investors somewhere along the line you've probably heard that there is associated with different investment vehicles, Most believe that any investment can be placed somewhere along a continuum of risk with low risk investments at one end and highly speculative ventures at the other.  They believe that generally, the higher the risk the greater the reward. However, this theory misses an important component that helps determine whether or not a specific investment is risky. That component is you. The investor. Each investor has their own personal risk spectrum. How can you tell if an investment is risky? This question can't be answered without knowing more about you. Have you ever invested in property? Have you completed a development? If you have zero knowledge about residential developments, or you've never owned an investment property, no matter how good the deal seems a development is a risky proposition. Some ways to determine risk: Know your area of expertise -- If you're investing in something that's your specialty, you start with a built-in advantage. Control – the more control you have, the lower your risk Transparency – the more you know, the lower the risk Liquidity -- Liquidity means the ease with which you can recover your money by selling the investment and converting it (or part of it) to cash. The greater the degree of liquidity, the lower your risk. Returns -- Investors gain returns from their investment property via cash flow, capital growth, forced appreciation and tax benefits. The more secure the returns, the less risky the investment will be Is your equity safe? -- Is your financial outlay secure if the investment fails? Are you personally liable? -- When you make an investment, do you have to provide a personal guarantee? This gives others (usually the banks) the right to pursue you if things go wrong. If your liability extends beyond the asset itself, your personal assets could be at risk. Market risk -- Some risks are inherent to certain markets. Consider what impact general economic changes to that marketplace could have on your investment. Risk spectrum -- This is the risk specific to the particular investment. Is it the right property, in the right suburb, at the right price and at the right time in the cycle? When considering an investment, don't look at the investment alone – look at your own risk spectrum too. You can change your risk spectrum by developing expertise. Australians are losing about $1 million a week to investment scams According to Scamwatch by the ACCC men (63.5% of scam reports) are twice as likely as women (33.8% of scam reports) to be targeted by investment scams.  If the current trend continues, combined losses reported to Scamwatch and ACORN in 2018 could be in excess of $100 million.” The vast majority of investment scams are still centred on traditional investment markets like stocks, real estate or commodities. The clearest warning sign you're dealing an investment scammer is how they contact you and the promises they make. Links and Resources: Michael Yardney Metropole Property Strategists Rich Habits Poor Habits Michael Yardney's Mentorship Program Michael Yardney's Property Renovations and Development Workshop Bessie Hassan – Money Expert ScamWatch Some of our favourite quotes from the show: “The fundamentals of sound residential real estate investing don't change because short-term factors change.” – Michael Yardney “Regardless of how you may define success, your words, those you say to yourself and those you say out loud, are going to help manifest your visions, your goals, whatever you're saying to yourself, into reality.” – Michael Yardney “Successful people are successful because when the odds are against them, they try even harder, rather than complaining and giving up.” – Michael Yardney PLEASE LEAVE US A REVIEW Reviews are hugely important to me because they help new people discover this podcast. 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