Cyber Security Centre Warns Of New Threat To Australia

A member of a hacking group is using his computer at their office in Dongguan, Guangdong province, China, on Aug. 4, 2020. Nicolas Asfouri/AFP via Getty Images

The Australia Cyber Security Centre (ACSC) has issued a warning about the growing threat of business email compromise (BEC) to Australian companies.

Scams involving a range of email, instant message, SMS, and social media tactics, are being increasingly used by cybercriminals in Australia to fraudulently obtain goods or access to money, the ACSC warned.