ACCC
Australian businesses hit by email scams
May 1, 2019
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 the AUS$3.8 million ($2.68 million/ €2.38 million) reported lost to sophisticated ‘business email […]
ACCC launches currency conversion inquiry
December 13, 2018
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 business trading with suppliers in New Zealand, foreign exchange services are used by Australians […]
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