Business
Online scams ramp up as crims exploit PayID
National Australia Bank said scams on sites like Gumtree and Facebook Marketplace had soared by 66 per cent in the past three months, mostly using PayID.
Business
National Australia Bank said scams on sites like Gumtree and Facebook Marketplace had soared by 66 per cent in the past three months, mostly using PayID.
Business
Australia’s major banks were facing a major shake-up after the Australian Securities and Investments Commission said systems to defeat scams were weak and compensation was as low as 2 per cent of the total lost.
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Gold Coast “finfluencer” Tyson Scholz has been hit with a permanent ban on activities as the self-described ASX Wolf.
Financial losses from scams could double to $4 billion, according to the Australian Competition and Consumer Commission.
Several investigations have been launched into the massive Optus data breach, which compromised the personal details of millions of Australians.
Influencers, scams and misleading and deceptive conduct would all be included in a new examination of social media by the Australian Competition and Consumer Commission.
