How widespread are online threats?

The Australian Competition and Consumer Commission (ACCC) released a report in June 2014. Below are some of the findings:

1. 91,000 Australians victimized in scams during 2013 with 14% of these victims suffering financial losses of more losses of more than AU$89 million.
2. 40% of the 91,000 were hit via Internet and Email scams.
3. Phishing Scams and Identify Theft have risen by 73% in a single year striking more than 15,000 Australians in the year 2013.
4. Annual scams report of 2013 showed dating and romance scams moved to number one position in terms of financial losses amounting to $25,247,418.

The full ACCC publication together with an infographic based on the report can be found on the ACCC website.

The ACCC report indicates that phishing, spam, and other email attacks are on the rise. The statistics quoted in the report show that email borne attacks represent a significant potential cost to your business.

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