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Job scams are on the rise. What are they, and how can you protect yourself?
By Dimitrios Salampasis, Swinburne University of Technology
In the digital era, the job market is increasingly becoming a minefield – demanding and difficult to navigate. According to the Australian Bureau of Statistics, the number of job vacancies fell by 6.1% between November 2023 and February 2024. Every click on a job ad can either open doors to amazing opportunities, or plunge job seekers into perfectly set up cyber traps.
The latest annual Targeting Scams report shows a seemingly encouraging 13.1% decline in scam losses reported by Australians – down to A$2.74 billion in 2023. But it doesn’t mean we should get complacent. Scammers are continuously refining their techniques and expanding their reach.
Particularly alarming is the volume of job scams (also known as employment or recruitment scams). These scams were among the top ten scam categories in 2023, with a dramatic 150% increase in financial losses compared to the year before.
How exactly do job scams work? And how can job seekers distinguish between legitimate job offers and deceptive schemes?
What is a job scam?
Job scammers attract people by promising fake jobs that require little effort but promise a substantial financial reward or “guaranteed” income, or perhaps even a “dream job” at a real company they’re impersonating. The end goal in all cases is to extract money and/or personal details from the victim.
Employment scams may take many forms, but there are several tell-tale signs.
Scammers use social media, unsolicited emails, encrypted chat applications (such as WhatsApp or Telegram), phone calls or even legitimate employment websites to advertise non-existent jobs
Job scammers may also impersonate recruiters from genuine organisations, including high-level executives or even hiring managers conducting interviews for jobs that do not exist.
For some of these jobs, the scammer will ask for some type of upfront fee to secure the employment, pay for onboarding, or to purchase (non-existent) products the job seeker is supposed to sell. The moment the fee is paid, the scammer will instantly disappear.
Read Full Story https://theconversation.com/job-scams-are-on-the-rise-what-are-they-and-how-can-you-protect-yourself-228996