If you feel like scams are everywhere nowadays, you’re not imagining things. The digital world is a goldmine for fraudsters, and the numbers are staggering. In 2024 alone, Americans lost a jaw-dropping $12.5 billion to online scams—a $2.5 billion jump from the previous year, according to the United States (US) Federal Trade Commission.
And while those numbers are from the US, Australians are far from immune. Scamwatch reports that Australians lost over $3 billion to scams in 2023, with the over-50s demographic being a prime target.
Why? Because scammers are getting smarter, faster, and more convincing. From fake investment opportunities to phishing emails that look like they’re from your bank, the tactics are constantly evolving.
But don’t worry—while the scammers are upping their game, so can you. Here are five practical, expert-backed habits you can adopt right now to keep your money and identity safe in today’s risky online world.
1. Keep your identity under wraps
Many scams start with a simple message—an email, a text, or even a WhatsApp ping. These messages might look innocent, but they’re often designed to trick you into sharing personal information or clicking on dodgy links.
One way to fight back is to use messaging apps that don’t require you to give out your phone number, email, or other identifying details.
For example, some new apps (like BeProg) let you chat without registering personal info. There is no phone number, device ID, or user profile—just pure anonymity.
While these apps aren’t mainstream, they’re a glimpse into a safer future where your contact details aren’t up for grabs. Until then, be cautious about what you share and who you chat with online.
2. Don’t trust—verify before you click
Phishing is still the scammer’s favourite trick. You get an email or text that looks like it’s from your bank, Australia Post, or even a friend.
But one click on a fake link, and you could be handing over your passwords or downloading malware. Here’s how to outsmart them:
- Hover over links before clicking to see the real web address.
- Double-check the sender’s email address—scammers often use addresses that look almost right, but not quite.
- If you’re unsure, don’t click. Instead, go directly to the company’s official website by typing the address into your browser.
- Use built-in phishing filters in your email (like Gmail or Outlook) and consider browser add-ons like McAfee WebAdvisor to flag suspicious sites.
3. Lock down your accounts
Even the strongest password can be cracked or stolen. That’s where two-factor authentication (2FA) comes in. It adds a second step—usually a code sent to your phone or generated by an app—before anyone can log in to your account.
It’s quick to set up and can make a world of difference. Turn on 2FA for your email, bank, superannuation, and social media accounts.
Popular apps like Google Authenticator, Authy, and Microsoft Authenticator make it easy. Think of it as a deadbolt for your digital life.
4. Keep your devices up to date
Cybercriminals love outdated software, so you’re an easy target if your phone, tablet, or computer isn’t running the latest updates.
Updates often include security patches that close loopholes hackers exploit.
- Turn on automatic updates for your devices and apps.
- Don’t ignore those update reminders—they’re there for a reason!
- For an extra layer of protection, consider running reputable antivirus software (like Norton, Bitdefender, or Trend Micro).
5. Watch your credit like a hawk
Sometimes, the first sign you’ve been scammed is a mysterious loan or credit card in your name. That’s why keeping an eye on your credit report is crucial.
You can get a free annual credit report from agencies like Equifax, Experian, and illion in Australia. Some paid services monitor your credit and alert you to suspicious activity.
Make it a habit to check your report regularly, and if you spot anything odd, act fast—contact your bank and the credit agency, and consider freezing your credit to prevent further damage.
Here’s a handy guide of what we’ve shared above.
Have you spotted a clever scam lately? Do you have tips for staying safe online? Share your experiences and advice in the comments below.
Also read: Scammed out of $10,000? One man’s story exposes a worldwide fraud ring
