Australians lost $634 million to scams last year with business email scams the main culprit.

There were more than 353,000 reports made to Scamwatch, other government agencies and the big four banks.

ACCC deputy chairwoman Delia Rickard says the amount lost is up more than a third from 2018.

Liam Barlett spoke with co-founder of IFW Global Ken Gamble.

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