13/10/2026
Would your team spot a payment redirection scam?
Fraudsters can impersonate suppliers or compromise email accounts to convince businesses to transfer funds to the wrong bank account.
One essential safeguard for Australian businesses: never accept bank detail changes based on an email alone. Confirm the change using a trusted phone number already on file, and ensure payment requests follow your internal approval process.
A few minutes of verification could prevent a costly mistake.
Learn more about invoice fraud and payment redirection scams: https://buff.ly/owEuJw8
Invoice fraud is growing in Australia, with $166.8m lost to payment redirection scams in 2025. Learn the simple habits that keep your SME safe.