The surge in online banking fraud has compelled Australian banks and regulatory bodies to strengthen their defence mechanisms.
September 24, 2024
Online banking fraud in Australia has surged, with significant cases like Tim Watkins' $222,000 loss to a bank impersonation scam and HSBC customers losing $6.3 million to spoofing scams.
September 18, 2024
Online banking fraud in Australia is escalating, with over 14,600 bank impersonation scams reported in 2022, leading to losses over $20 million.
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