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 Australian Banking Association (ABA) is informing customers about an important update that may affect some debit cards used in mobile wallets. Australian Payments Plus (AP+) is implementing a technical update to ensure that consumers can continue to make payments via eftpos from 1 January 2025. A small number of consumers who added their debit… Read more »
The Australian Banking Association welcomes the launch today of the Regulatory Initiatives Grid (RIG) pilot as an important step forward in improving transparency of the regulatory pipeline across key Government agencies and regulators. ABA CEO Anna Bligh said better coordination of regulation would provide additional certainty for Australian banks. “Banks recognise that effective regulation is… Read more »
New data released today from the Reserve Bank of Australia (RBA), shows Australians continue to embrace the ease of mobile wallets when making payments. For the first time, the RBA’s latest monthly retail payments data includes a snapshot of newer payment technology, showing more than 500 million payments were made via mobile wallets in October,… Read more »