The Australian Competition and Consumer Commission (ACCC) is warning consumers to beware of anyone instructing them to download software or an app over the phone, following a recent rise in reported losses to remote access scams.
Australians reported losing $15.5 million to remote access scams in 2023.
Reported losses to remote access scams in the first quarter of 2024 increased by 52 per cent compared to the previous quarter. The average loss per scam victim increased by 57 per cent to $17,943 in the first quarter of this year, compared to the last quarter of 2023. This trend, identified by the National Anti-Scam Centre, contrasts with most other scam types which have seen reported losses decrease over this time.
Australians over the age of 65 are suffering the largest losses.
“We are very concerned scammers are draining entire bank accounts, with average losses to remote access scams now in the tens of thousands,” ACCC Deputy Chair Catriona Lowe said.
“Financial criminals use sophisticated emails, web-based pop-up messages and phone calls to impersonate well-known companies such as Microsoft to deceive people into thinking there is a problem with their account, computer or phone that needs fixing.”
“The scammer will sound professional and offer to help resolve the problem, by instructing the victim to download well-known screen sharing software such as AnyDesk, Zoho or Teamviewer. Unfortunately, by doing so, the scammer can gain access to their bank accounts,” Ms Lowe said.
“Never download software or apps if directed to by someone over the phone and never share banking information, passwords or two-factor identification codes.”
The National Anti-Scam Centre’s efforts to disrupt remote access scams include notifying remote desktop application software companies of reports of scam activity using their products. It has also contacted the companies being impersonated so they can alert their customers.