The Small Business Commissioner strongly suggests that all small businesses in South Australia take the time to investigate any claims or agreements offered by other businesses especially cold calls, before signing any agreement or paying any money up front. This may include obtaining advice from their respective financial or legal advisors.
What is Ransomware?
Ransomware is a form of cyber-attack which locks the victim’s computer or encrypts their data and demands a ransom be paid to release the computer or data. There are three main types of ransomware which range in severity.
The Australian Competition and Consumer Commission (ACCC) have a new and improved Scamwatch website which has just been launched www.scamwatch.gov.au.
Scamwatch features all the latest news and tips to help consumers and small businesses identify and avoid scams, and key features of the new site include:
- Types of scams: The ACCC provides information on the most common types of scams in circulation in Australia, and collects and publishes data on these scam types.
- Report a scam: If you think you've been scammed or know someone who has, report it to the ACCC using the ‘Report a scam’ page.
- Get help: If you've been scammed, there are steps you can take straight away to reduce the damage and prevent further loss.
For more information, read the dedicated ‘Protect your small business’ page to learn more about how scammers con small businesses, common scams targeting small businesses and tips on how you can protect your business.
You can also sign up for Scamwatch radar alerts to stay informed about the latest scams.