Search Results | Showing 41 - 50 of 158 results for "Scams" |
| | | ... those falsely claiming to be authorised or regulated by ASIC, fake investment trading platforms, and crypto-asset related scams. Combating investment scams is a key priority for ASIC. Since July 2023, the regulator has coordinated the removal of over ... |
| | | | ... and unified approach," Delahunty said. ASFA said the initiative will also build on the momentum of the government's recent Scams Prevention Framework, which called for a coordinated response to financial crime. "As the Minister for Cyber Security, Tony ... |
| | | | Treasury has released the Scams Prevention Framework for consultation with harsh penalties proposed for financial services firms that don't do enough to prevent scams. The government is planning to introduce mandatory codes that would requires financial ... |
| | | | ... taken down more than 7300 phishing and investment scam websites. This includes the removal of 5530 fake investment platform scams since July 2023. It has also seen the closure of 1065 phishing scam hyperlinks and 615 cryptocurrency investment scams ... |
| | | | ... loss on a superannuation scam complaint was just under $90,000. AFCA said of the nearly 11,000 complaints in relation to scams last financial year, less than 20 came from superannuation fund members. "That's pleasing - but not a reason for complacency ... |
| | | | ... 11% to 59,636. Scam-related complaints rose 81% to 10,951 in FY24, averaging 913 a month compared with 504 year on year. Scams in the super sector were particularly worrying due to their sophistication. "We urge super fund trustees to review the steps ... |
| | | | ... tactics, including targeting account holders through social media, which ASIC has identified as a growing concern. "Most scams begin through interactions over platforms like Reddit, TikTok, and X (formerly Twitter). Young people's personal trust ... |
| | | | ... protect consumers from financial harm. The FSC's Standard demonstrates its members' commitment to protecting customers from scams and fraud by setting expectations for the industry to follow to ensure strong levels of mitigations are in place, the lobby ... |
| | | | ... can too often result in identify theft, fraud, and data breaches, making security inevitably intertwined with fraud and scams. "Organisations in financial services are best prepared for this with a robust strategy that embraces emerging tech, keeps apace ... |
| | | | ... pressures, as Australians are navigating multiple challenges, economic inequality and the continued proliferation of financial scams." The report, however, said there are many stakeholders working on financial capability and wellbeing in Australia, which ... |
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