Almost all fraud starts with email.
Recently I was derided and chided in this forum for going against the push to send everything including bank statements by email.
With some people even boasting they are too smart to be caught by email fraud.
As a retired cyber security specialist I can assure you No-one is too smart. Cyber crime is a massive industry stealing some $30 Billion Dollars from Australians annually.
That's 30 with a B.
With AI becoming prevalent and much more cunning this number will rise dramatically.
Email is the number one method used to defraud Australians.
You may say "isn't data theft the biggest cause?"
No, Data theft is where they get some details about you and your email address and then they craft an email based attack. Data theft is only the first step in the attack to relieve you or your parents of your/their life savings.
So if you think you are too smart, think again. That's just egotistical.
Posted Jun 7, 2026, 12:48 AM UTC