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Beware of scam ASIC emails

Peter Terlato 12 January 2017

scam email colleagues work office computer

Corporate watchdog advises Aussies to remain vigilant.

The Australian Securities and Investments Commission (ASIC) warns some Australians have received bogus emails, purportedly sent by the corporate watchdog, containing fake invoices.

ASIC says these fraudulent communications, sent to registry customers, generally instruct the recipient to open a link, download a counterfeit invoice and make an illicit payment.

The offenders distributing these emails often attach viruses, spyware or malware programs with the hopes of accessing, compromising or thieving personal information.

"Scam emails often appear at busy times of the year such as holiday and tax time, when it's easy to overlook something suspicious," ASIC commissioner John Price said.

ASIC says people should maintain current versions of anti-virus, malware and spyware protection.

The corporate watchdog also advises Australians to scan email attachments prior to opening them, particularly executable (.exe) and compressed files (.zip).

Email phishing scams are considered to be the most common method of identity theft.

If you've been targeted by scammers, it's important to contact the relevant authorities and report it.

You can contact ASIC by phone on 1300 300 630 to verify the authenticity of any communications.

Over 5 million Aussies access public Wi-Fi connections, exposing them to significant security breaches.

A recent study by finder.com.au found two-thirds of Aussie smartphone users assign a security pincode to their device in order to protect their identity, financial details, photos and social media accounts.

This means one in three devices are vulnerable and unprotected.

Learn how to best protect yourself against unauthorised banking transactions.

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Picture: Shutterstock

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