Access more resources and get data on scams and how to avoid them.
28 September 2021
A deep dive with industry experts
On 23 September, ABA CEO Anna Bligh hosted Detective Superintendent Matt Craft, Commander of the Cybercrime Squad, and Dr David Lacey, Managing Director of IDCARE, in this scams and cybercrime webinar.
Topics covered included:
- ‘Upstream’ issues for regulators, law enforcement and industry,
- telco involvement, such as Telstra blocking 13 million scam calls,
- the link between offshore and local scammers,
- the irregular approach across Australia to ID reclamation and cybercrime – with NSW the only state with a dedicated cybercrime squad,
- the need for regulators to speed up their interoperability with their overseas counterparts – and
- advice from the experts on the topic on how to avoid being stung by a scammer.
The webinar lasts for one hour, including a Q&A:
- Last year, Australians lost more than $851 million to scams.
- A recent survey by the ABA shows that 37% of Australians know a close friend, family member (or themselves) who’ve lost money to a scam.
- 66% of Australians fend off a scam every week.
- 29% of Australians report fending off a scam attempt every day.
Latest news
The ABA welcomes the release of the Council of Financial Regulators’ (CFR) reviewinto small and medium-sized banks. ABA CEO Anna Bligh said the review findings and recommendations would helpensure there is a more level playing field for Australia’s small and mid-tier banks. “This is an important step forward in ensuring Australia maintains a strong andcompetitive… Read more »
EO&E Nadia: Banks has been a big topic of discussion on the show this week because, of course, we’ve just been talking about behavioural security that the bank is bringing in. Earlier, I was telling you during the week that older women can’t get a credit card in their own name. They’re secondary card holders… Read more »
The Productivity Commission proposal to tax business cash flow is an experimental change that hasn’t been tried anywhere else in the world. This tax increase risks putting more pressure on all Australians still struggling under cost-of-living pressures. While some businesses may benefit under this proposal, it risks all Australian consumers and businesses paying more for… Read more »