ACCC welcomes funding The Australian Competition and Consumer Commission (ACCC) has expressed its support for the establishment of the National Anti-Scam Centre (NASC) by the Australian Government. The recently announced budget allocated $US58 million to the ACCC for the setup of the NASC over the next two years. The funding…
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ACMA investigations found 3 telco provides that were guilty The Australian Communications and Media Authority (ACMA) has taken action against a number of telcos after compliance failures were used by scammers to send SMS road toll, Medicare and Australia Post impersonation scams to consumers. ACMA investigations found Sinch Australia Pty Ltd…
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Scamwatch received 14,603 reports about bank impersonation scams in 2022 Consumers are being warned to be wary of phone calls and texts that appear to be from their bank, following alarming reports of Australians losing their life savings to a highly sophisticated impersonation scam. Reports to the ACCC’s Scamwatch indicate…
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