Australia’s ASIC warns of scam emails

Australia’s ASIC warns of scam emails

The Australian Securities and Investments Commission (ASIC) reported on Wednesday its registry customers could be contacted by scamers via emails purporting to be sent from the ASIC.

The regulator warned some clients have already received such emails with files and attachments, as well as links to fake invoices. The emails generally asked recipients to click on externam links and make payments or download an invoice. Scammers use viruses, spyware or malware sofware to gain access or steal victims’ personal information.

However, these emails looked somewhat different than genuine ASIC emails and were not sent by the Australian regulator.

“Scam emails often appear at busy times of the year such as holiday and tax time, when it’s easy to overlook something suspicious,” ASIC commissioner John Price said.

The commission advised clients to be aware, to use protection software, and not to open emails with executable (.exe) or zip (.zip) files.

Earlier this month, the UK Financial Conduct Authority (FCA) also alerted scammers were sending out emails that appeared to be sent by the regulator.

We advice you to be cautious and careful when providing personal and financial details.

The ASIC is an independent body that oversees the corporate, markets and financial services markets in Australia. It regulates local companies, financial markets, financial services organizations and professionals who deal and advise in investments, superannuation, insurance, deposit taking and credit.

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