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How to avoid getting scammed this holiday season

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There are fresh warnings for those wanting to score a bargain online as we head into the Holiday period

The silly season is well and truly here but as we all inevitably get caught up in the festivities, Australian authorities are urging residents to stay cyber safe.

Reports of online scams are on the rise as criminals stoop to new lows.

As we shop for Christmas gifts, the Australian Federal Police agency warns we need to be wary of fake delivery text messages.

AFP Cyber Commander Chris Goldsmind says one of the most common techniques used by scammers is called “spoofing”.

This is when criminals impersonate trusted brands, including legitimate parcel delivery services, to send messages designed to trick consumers.

They entice people to click on links containing harmful malware or providing personal information.

We know cyber criminals are more active in December because they look to prey on victims who may be more stressed or less attentive.

So how can you stay safe this Christmas?

Authorities say we should be on the look out for grammatical errors, requests for personal information, odd-looking links or an unexplained sense of urgency.

These are all signs of a scam message.

On top of this, most delivery services will NEVER text or email their customers to request personal or financial information.

And remember – If it doesn’t feel right, it probably isn’t.

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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Money

ASX positioned for strong start after positive stock rebound

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The ASX is set for a solid opening today, bolstered by overnight gains in the banking, commodities, and energy sectors.

Despite these positive movements, analysts are suggesting that the stock rebound and bond decline appear to be technically driven, noting that it may not mark the beginning of a longer-term trend.

Market analyst David Scutt from StoneX joins to discuss the latest market movements. #featured #trending

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Leaders

Elon Musk is projected to become the world’s first trillionaire

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Elon Musk, the visionary entrepreneur behind Tesla and SpaceX, is projected to achieve an unprecedented financial milestone by becoming the world’s first trillionaire by 2027.

Currently the richest person alive, Musk holds a staggering net worth of $251 billion, with Tesla playing a major role in his fortune.

At this rate, experts predict his wealth could skyrocket, reaching the trillion-dollar milestone in just three years.

Tesla itself is growing at a remarkable pace, with a market value nearing $670 billion. #featured #trending

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Treasury Secretary believes the U.S. are on track for a “safe landing”

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Treasury Secretary Janet Yellen pointed to a “soft landing” for the economy, with unemployment slightly down despite slower job creation.

In a recent interview on Bloomberg, Yellen stated that “For the US, the kinds of metrics that we would monitor that would summarise risks — whether it’s asset valuations or a good degree of leverage — things look good, I don’t see red lights flashing”. #featured #trending

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