The Australian Securities and Investment Commission (ASIC) has issued a media release warning businesses and consumers that there is currently a scam operating with phone calls being made impersonating them and asking for sensitive personal and financial details. Continue reading for more information about these phone scams.
Their advice for anyone fearing that they have been targeted is to hang up immediately and contact their bank or building society.
Warren Day, ASIC Executive Leader of Assessment and Intelligence said:
“These scams are intended to trick you into providing your personal details. They may even pretend to be from a government agency to appear genuine and may use your information to commit other scams.”
“We encourage the public to be cautious of calls like these. If you receive a phone call out of the blue from someone in these circumstances, no matter who they claim to be, simply hang up,” he said.
While phone scams of this nature are not new, the general advice to help protect yourself includes the following tips:
- If you receive a phone call or email out of the blue requesting your personal or banking information, hang up or delete the email and block the sender.
- Never send money or give your financial details to someone you don’t know or trust
- If the caller or sender claims to be from a government agency or financial institution, remember that these agencies would never ask you for personal details via cold calls, emails or text messages.
- If you’ve provided your bank account or credit card details to a scammer, contact your bank or financial institution immediately.