Gen Z most vulnerable to scams

Gen Z most vulnerable to scams

Australians under 25 lost over AU$5 million ($3.27 million/ €2.89 million) to scams in 2019 and reports made from this age group are increasing faster than older generations, ACCC reports. In 2019, around 12,000 (7.15%) reports made to Scamwatch were from people under...
Ink Hub petitions ACCC over HP firmware updates

Ink Hub petitions ACCC over HP firmware updates

The Australian company has announced it has been speaking to the Australian Competition and Consumer Commission (ACCC) in regard to the latest HP firmware updates affecting third-party cartridges. In April this year Ink Hub published online advice on combatting HP’s...
Australian businesses hit by email scams

Australian businesses hit by email scams

Australian businesses reported more than 5800 scams with losses exceeding AUS$7.2 million ($5.08 million/ €4.52 million) in 2018, a 53 percent increase compared to 2017, according to the ACCC’s Targeting scams report. ACCC explains that much of this increase is due to...
ACCC launches currency conversion inquiry

ACCC launches currency conversion inquiry

The Australian Competition and Consumer Commission (ACCC) has revealed that it is commencing an inquiry into foreign currency conversion services. “Whether you’re buying Euros from your bank for an upcoming trip, sending money to family in Indonesia, or you’re a small...
Protecting small businesses in Australia

Protecting small businesses in Australia

According to a new report by the Australian Competition and Consumer Commission (ACCC) small businesses are falling prey to “unfair contract terms, misleading conduct and scams”. The ACCC’s most recent edition of its Small Business in Focus report has revealed that...