With interest rates shifting, it’s natural for people to start looking at their financial options—whether it’s refinancing a mortgage or chasing better savings rates. But as ANZ has warned in a recent report, scammers are using this opportunity to trick unsuspecting individuals with fake investment deals and fraudulent banking offers.
Why Scammers Love Economic Uncertainty
Whenever financial conditions change, cybercriminals swoop in, using tactics designed to look legitimate. A drop in interest rates means people are seeking new financial opportunities, and scammers exploit this by sending phishing emails, creating fake bank websites, and offering “too-good-to-be-true” investment deals that promise sky-high returns.
Common Scams to Watch Out For
Scammers are getting craftier, but a few red flags can help you spot them early:
Fake Bank Emails & Websites – Fraudsters create convincing emails that mimic major banks, tricking people into handing over sensitive details.
Dodgy Investment Offers – If it promises unbelievably high returns with little risk, it’s probably a scam.
Pressure to Act Fast – Scammers want you to make quick decisions so you don’t have time to verify their claims.
Stay One Step Ahead with Cybermate
At Cybermate, we know that scam tactics are constantly evolving, and keeping your team informed is key to protecting your organisation. Our bite-sized cybersecurity training makes it easy for employees to recognise scams and avoid falling for them—all without taking time away from their daily tasks.
Plus, Cybermate goes beyond training—we offer 24-hour dark web monitoring to help detect and protect your organisation’s compromised data. If employee credentials or sensitive company information appear on the dark web, our monitoring system alerts you immediately so you can take action before scammers do.
Want to see how Cybermate can help your team stay cyber-safe? Check out our latest showreel: Cybermate Showreel
