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Norton finds deepfakes and crypto scams rising in Australia

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Norton says it tracked more than $29 million in bitcoin stolen last year and expects this figure to continue to rise in 2022. The company says in Australia, between January and March of this year, Norton thwarted more than 37,098,261 threats, the equivalent of around 403,241 threats per day. That included 471,361 phishing attempts and 59,540 tech support scams. Its latest Consumer Cyber Safety Pulse report found that deepfakes are being utilised by bad actors to scam consumers and spread disinformation. The Norton Labs team spotted deepfakes used to create fake social media profiles, fuel charity scams and other fraudulent ploys, and spread propaganda relating to the ongoing war in Ukraine.