Sunday, December 22, 2024

Planning to shop the end of financial year sales? Watch out for this scam

Must read

Planning to take advantage of the end of financial year sales this month?

You’re likely a perfect target for scammers.

Here’s how the scams work and what to do if you’re sent one.

How does a parcel delivery scam work?

Scammers will send out messages to as many people as they can in the hope of possibly netting someone who’s waiting on a parcel to arrive.

It’ll either be a text message or an email claiming to be AusPost or another delivery company telling them a parcel delivery has failed.

Current versions of the scam claim this is because of “incorrect address information” or unpaid delivery fees.

Victims are encouraged to click on a link to resolve the issue and are taken to fake Australia Post websites designed to steal personal and financial details.

This is just one example of a parcel deivery scam.(Australia Post)

The Australian Communications and Media Authority says this kind of scam is most commonly seen around major retail events like sale periods. 

Nearly three-quarters of participants in an Australia Post survey reported receiving a delivery scam message at some point. 

Worryingly, the survey found 54 per cent of respondents had initially believed a delivery scam was legitimate and pursued it. 

When are the end of financial year sales?

It depends on each retailer but many have already started.

The annual sales tend to start up a few weeks before the start of the new financial year on July 1.  

How can I spot a parcel delivery scam?

The Australian Cyber Security Centre says there are a few giveaways.

Suspicious links

Attaching links to texts and emails is the main tool scammers use in phishing scams.

If you receive an SMS or email pushing you to click on a link, it should be treated with caution.

Incorrect website address

While the website it leads to may look legitimate, the link often won’t look right when compared to the company’s official website.

Differences can include:

  • Spelling errors
  • Unusual words
  • Random letters or numbers
  • Different domain names like .net instead of .com
The express delivery address is not detailed. please take a moment to update your address details. https://auspost.xyz/au

There are often a few dead giveaways in scam texts.(Australia Post)

A sense of urgency

If you’re expecting a parcel, chances are you don’t want to wait any longer for it to arrive.

Scammers prey on this impatience or stress and their messages often threaten to “suspend” deliveries if you don’t take action.

How can I protect myself?

Be wary, even if the message appears to have come from a legitimate sender.

Latest article