According to the Australian Competition and Consumer Commission (ACCC), there have been 34,208 reports of phone scams to date in 2020. Recently, we have seen a resurfacing of 'One-Ring' phone scams, resulting in financial losses for organisations and unsuspecting individuals alike. Here's what you need to know about 'One-Ring' phone scams, and what you can do to protect yourself against them.
‘Wangiri’ is a Japanese term which roughly means ‘one and cut’. In a 'One-Ring' scam (also known as a Wangiri Scam), an individual will receive a phone call that only rings once and then ends, prompting a missed call to appear on their screen. Generally, these missed calls will appear as an international number.
When the individual returns the missed call, the scammers goal is to keep the individual on the call for as long as possible, so that the call charge inflates. Scammers are known to put return callers on hold, play them music, or try and speak with individuals to increase call duration.
Thankfully, there are some simple ways you can keep on the look out for 'One-Ring', and all phone scams.
We recommend that individuals:
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