ACCC - Scamwatch update webinar


9 March 2023 | 10.30am to 11.30am | Webinar

The ACCC’s Scamwatch received more than 166,000 reports between January and September 2022 this year, showing a 90% increase in losses to $424.8 million over the same period in 2021. These numbers vastly understate real losses as only about 13 per cent of victims report to Scamwatch.

Cyber criminals are evolving quickly, and their tactics are becoming increasingly sophisticated and unscrupulous with many capitalising on the recent high-profile data breaches by impersonating government departments and Australian financial services (AFS) licensees to carry out identity theft and remote access scams. This is damaging not only to consumers, but company reputations.

Join us for a session focusing on the emerging financial crime trends that industry leaders need to be aware of, as well as risk mitigation strategies and what to expect in 2023.

Tune in to hear ACCC Scamwatch Director – Consumer Strategies & Engagement, Jayde Richmond explore:

  • recent scam trends
  • what’s changing in scams
  • practical ways to support your customers who have been scammed
  • how financial institutions can stay ahead of these developments and prevent fraud.

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