This Fraud Week, the ACCC is warning small business operators to think twice before opening email files that could contain ransomware. The ACCC’s latest Targeting Scams Report shows that almost $1 million was lost to these scams last year.
Ransomware is a type of malware that infects a computer system by restricting access unless a ransom is paid to a scammer for the restriction to be removed.
“The ACCC received over 2,500 ransomware and malware complaints last year with over $970,000 reported lost by small businesses and consumers. Several people reported losing over $10,000 to these scams, which can have a devastating effect on a small business,” ACCC Deputy Chair Dr Michael Schaper said.
SCAMwatch offers these tips to protect you and your business from ransomware:
For more information, please read the full media release.
Small Business team
Australian Competition and Consumer Commission (ACCC)