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Payment redirection scams cost businesses $14m last year: ACCC

Businesses reported over $14 million in losses due to payment redirection scams last year, according to the competition regulator.

Payment redirection scams cost businesses $14m last year: ACCC
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  • Shared by MyBusiness
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  • March 31, 2021
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  • 1 minute read
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Payment redirection scams cost businesses $14m last year: ACCC

In addition, average losses so far in 2021 are more than five times higher compared with average losses in the same period last year.

Read more at MyBusiness.

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