Australia’s myGov digital ID lost $2B due to scams this year

The number of scams targeting Australia’s MyGov digital identity scheme has “increased dramatically," with losses reaching AU$3.1 billion (US$2 billion) so far this year, according to the country’s government.

Thousands of myGov accounts are being suspended over fears that they have been compromised by so-called “scam-in-a-box” kits sold on the dark web, Government Services Minister Bill Shorten said on Monday. The technology is used to create fake websites and help criminals launch phishing attacks on Centrelink, Australian Tax Office and …

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