This report provides insight into the scams targeting Australians in 2024 and highlights the impact of combined efforts by government, law enforcement, community sector and industry to combat these financial crimes. This is the second Targeting Scams Report produced by the National Anti-Scam Centre since its establishment on 1 July 2023. The National Anti-Scam Centre’s […]
Tag: National Anti-Scam Centre
AusPayNet – Payments Monitor
May edition […]
Scam losses decline, but more work to do as Australians lose $2.7 billion
The National Anti-Scam Centre’s collaborative efforts across government, law enforcement, consumer organisations and industry have boosted the community’s fight against financial crime, as the latest Targeting Scams report reveals a 13.1 per cent decline in reported losses to $2.74 billion in 2023. The report compiles data reported to Scamwatch, ReportCyber, the Australian Financial Crimes Exchange […]
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Fraud Statistics Jan 22 – Dec 22
According to the 2023 Australian Payment Fraud Report, in 2022, fraud on payment card transactions increased by 16.5% on the previous year to $577 million, in line with the increase in total spending on cards, which was up by 16% to $1 trillion over the same period. The rate of fraud on Australian card payments was […]