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Two-thirds of Australians aged over 15 were exposed to a scam last financial year.

Of those people, 552,000 fell victim, according to the Australian Bureau of Statistics (ABS).

It’s led experts to search for ways to reduce the $3.1 billion residents lost in 2022 to scams but TikTok has emerged as a valuable source in the scam prevention fight.

READ MORE: AI voice cloning scams ‘will come to Australia’ – so how do you guard against it?

The Chinese-owned social media platform, built primarily to entertain, has 840.4 million views under its scam video hashtag and another 24.2 million under #scamawareness.

Sophos cyber security expert Aaron Bugal said TikTok was becoming key to driving safety in Australia.

Bugal said the information on TikTok was a combination of different user experiences.

“You’ve got a lot of the users that would suggest to be on the lookout for certain types of scams and ways in which scammers obtain the ability to deceive people,” he said.

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Bugal said the types of videos on TikTok were varied but often had similar themes like romance, cryptocurrency and impersonation scams.

He said it was beginning to “eclipse traditional awareness methods”.

“Scamwatch here in Australia is a great resource and I strongly suggest that anybody who is unfortunately a victim of a scammer… to report it to Scamwatch.

“But that viral capability of these social media platforms like TikTok, it’s a really good and quick way to get that scam quickly out to others.”

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