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13.2 million Aussies exposed to scams - featured image

13.2 million Aussies exposed to scams

Scams have become an unfortunate reality in today's digital age, and no country is immune.

In fact, according to figures released by the ABS, two-thirds of Australians aged 15 years and over were exposed to a scam in 2021-22.

Scam Exposure Rate(a), By Age, 2021 22

William Milne, ABS head of crime and justice statistics, said:

“The results of The Personal Fraud Survey showed that 65 per cent of people received a scam offer or request in 2021-22, up from 55 per cent in the previous year.”

How are we being exposed?

According to the report, people were most commonly exposed to a scam over the phone (48 per cent) or by text message (47 per cent), with exposure via text message doubling from 23 per cent in 2020-21 to 47 per cent in 2021-22.

Scam Exposure Rate(a), By Mode Of Exposure(b), 2020 21 To 2021 22(c)

Mr Milne commented:

“While more people were exposed to scams this year, we found that the number responding to scams has actually decreased to 552,000.

The survey shows that 2.7 per cent of Australians responded to a scam in 2021-22 down from 3.6 per cent in 2020-21."

More people are reporting the incidents to the authorities

The results also showed that more people are reporting their experiences to authorities.

Of those who responded to a scam, 57 per cent reported their most serious incident, up from 50 per cent in 2020-21.

Scams, Authorities Most Serious Incident Was Reported To(a)(b)(c), 2020 21 To 2021 22

Mr Milne said:

“About one-third reported to a bank or financial institution, which remains the most common authority scams are reported to.

However, we have recently seen a notable increase in reporting to the police, up from 8.2 per cent in 2020-21 to 14 per cent in 2021-22.”

About Brett Warren is National Director of Metropole Properties and uses his two decades of property investment experience to advise clients how to grow, protect and pass on their wealth through strategic property advice.
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