Gone Phishing: the racehorse trainer, the Mercedes-Benz, and the missing $100,000

Most of the time we back ourselves to spot a real email from a fake one. But sometimes the signs of a scam are so well hidden, you don’t even think to check. It’s a lesson well learned by champion racehorse trainer Rob Heathcote. When he recently bought his wife a new car, he didn’t plan on buying it twice… Business Email Compromise, the biggest scam affecting Australian businesses. Anatomy of a Scam is hosted by Deborah Knight and features: Champion racehorse trainer Rob Heathcote AFP Commander Cybercrime Operations Chris Goldsmid CyberCX executive director, digital forensics and incident response, Nick Klein CSIRO Data61 Principal Research Scientist, Dr Marthie Grobler  Anatomy of a Scam is made in collaboration with CommBank. Stay CommBank safe with services that help protect you from scams and fraud 24/7. Remember 3 simple steps: Stop. Check. Reject. See omnystudio.com/listener for privacy information.

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Australia faces an epidemic of scams, a daily barrage of dodgy texts, phone calls and emails from anonymous cyber criminals and con artists, domestic and abroad. And in this new era of Artificial Intelligence, scams are more scam-ouflaged than ever before. Financial losses are mounting but the true cost of scams amounts to more than lost dollars, with emotional damage inflicted on individuals, families and businesses. Law enforcement authorities concede we cannot arrest our way out of this problem; education is key. Understanding how scammers target us with methods old and new, aided by cutting-edge technology, is the first step towards recognising a scam in the wild and taking the necessary steps to stop it. Episodes feature experts in cyber security and law enforcement, as well as real scam victims who share their personal experiences in a bid to warn others.  Hosted by Deborah Knight and Trevor Long, Anatomy of a Scam is made in collaboration with CommBank. Stay CommBank safe with services that help protect you from scams and fraud. Remember: Stop, Check, Reject.