CANBERRA, ACT, Oct. 28 -- Australian Federal Police issued the following media release:
This is a joint media release between the AFP, NSWPF, SAPOL, TASPOL and QPS.
Editor's note: A factsheet and audio grabs from AFP spokesperson is available via Hightail.
Criminals are weaponising vulnerabilities in Australia's construction industry to steal millions of dollars via Business Email Compromise (BEC) scams.
AFP Assistant Commissioner Cyber Command Richard Chin said the AFP was tracking a concerning rise across the industry in BEC scams. These involve cybercriminals impersonating a business or its employees via email to deceive victims into redirecting legitimate payments to fraudulent accounts.
"The construction sector, with its high-valu...