Matthew Spain

Aug 29, 2024 | lexology.com | Ross McInnes |Matthew Spain |Katie Wood |Josh Krechman |William Maher

ASIC says co-ordinated effort to reduce scam losses is needed, after it surveys anti-scam practices of 15 non-major banks. Substantial work has been afoot in the scam prevention space since April 2023 when ASIC released Report 761 “Scam prevention, detection and response by the four major banks”, with a number of initiatives implemented between then and now.

Aug 27, 2024 | smh.com.au | Matthew Spain

By Matthew Spain August 28, 2024 — 5.01am, register or subscribe to save articles for later. Add articles to your saved list and come back to them any time. The rise of scams has become a pressing issue, with Australian victims losing almost $3 billion to scams last year alone. In a world where our lives are increasingly online, scammers are now exploiting social media platforms and dating apps in creative ways to cause significant financial harm to even the most tech-savvy of us.