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Australia’s world-first move to stop scammers
The scams prevention framework will require designated entities – including banks, telcos and social media companies – to proactively detect and disrupt scams and report scam activity. Australians on ...
Sophisticated criminal networks now use automation, artificial intelligence, and global co-ordination to target victims with ...
Australia’s financial markets regulator said it has taken down over 600 crypto scams in the last 12 months, warning that artificial intelligence and crypto fraudsters are constantly updating their ...
Australia introduced the world to the first-ever scam prevention law that promised to make the country the hardest place on earth for fraudsters. Eight months later, it's trapped in bureaucratic limbo ...
Scammers in Australia impersonated police using the government’s ReportCyber system to legitimize their calls and trick victims into handing over crypto. Cryptocurrency scammers have impersonated ...
While the number of reported fraud cases is down, Australians lost 28% more money to online scams in the first four months of the year, compared to the same period in 2024. See Also: Small Business.
Fraud experts are warning Aussies to be on high alert for emerging scams involving artificial technology after $260 million ...
Australia is grappling with a rising tide of scams, and new data from Westpac has pinpointed the nation’s scam hotspots, with Sydney’s Central Business District (CBD) emerging as the most scammed ...
Commonwealth Bank of Australia (CommBank) unveiled a new weapon in the fight against scams: a fleet of thousands of AI-powered bot profiles, deployed by Apate.ai – a cyber-intelligence firm and ...
It’s never been easier to sell an old phone, a sofa, or concert tickets online — but it’s also never been riskier. From fake ...
Australia's anti-money laundering regulator, AUSTRAC, enacted a series of measures for crypto ATM providers to clamp down on scammers using the devices to target the elderly. AUSTRAC is putting a ...
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