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More than 40 per cent of the most serious occurrences are not recorded, according to new data on scams and identity theft from the Australian Bureau of Statistics (ABS).
On February 15, ABS’s new data revealed that those between the ages of 35 and 44 were most likely to encounter bank card fraud during the 2021-22 financial year.
According to ABS director of crime and justice statistics William Milne, the recent statistics show an improvement over the prior year.
Between 2021 and 2022, 65 per cent more people—up from 55 per cent the year before—received scam offers or requests.
“While more people were exposed to scams this year, we found that the number responding to scams has actually decreased to 552,000,” Mr Milne said.
“The survey shows that 2.7 per cent of Australians responded to a scam in 2021-22, down from 3.6 per cent in 2020-21.”
Overall, 13.1 million Australians were the victims of fraud in which they had been recruited to accept invitations, requests, notifications, or offers. Among them, 552,000 responded, while 12.3 million abstained.
The data showed that online impersonation affected 2.5 per cent of people, and the rates for men and women were the same.
Affected individuals were most likely to be between the ages of 35 and 44, with individuals 65 and older having the lowest risk.
The Personal Fraud Survey was a component of the Multipurpose Household Survey (MPHS), a yearly survey of households performed by the Australian Bureau of Statistics (ABS) from July 2021 to June 2022.
Card fraud affected higher-income earners more than lower-income earners weekly.
Research also revealed that individuals having credentials, such as a certificate, diploma, or degree, were more likely to be subjected to scams.
Most serious scam incidents in 2020–21, or approximately 50.3 per cent, and last year’s 42.3 per cent, were not reported.
Ultimately, it is essential to remain vigilant and aware of potential scams to ensure fewer incidents go unreported and victims of scams and identity theft get the justice they deserve.
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