October 16, 2021

Flubot mobile phone scam fuelling record money losses to scammers in Australia this year

A scam where phone users are sent fake text messages for a missed call or new voicemail in a bid to steal personal data is fuelling a significant rise in monetary losses in Australia.

In 2021, Australians have lost a record $211 million to scams so far, up from $175.6 million in the entire of last year, the federal government’s Scamwatch agency revealed on Monday.

Watch the video above for an explanation of how the Flubot scam works

Phone scams make up a significant portion of that, with $63.6 million lost by 110,000 people.

Scamwatch said the Flubot scam has been “particularly concerning”.

It works by sending a text message to both Android and iPhone users with an alert for a missed call or new voicemail.

Recently, scammers have been targeting phone users with purported information about a parcel.

Within this text message is a link to access a fake voicemail.

The Flubot scam sees phone users sent a text with a link. Credit: 7NEWS


Read full article here: 7news.com.au