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HSBC Australia fined over scam failings

The court said HSBC had scam controls on some payment systems, but not on the IAT payment rail, where most losses happened.
HSBC admitted to inadequate scam controls in its internal transfer system between May 2023-2024. HSBC Bank Australia Limited ...
AI-generated visuals of a brawl between Australian politicians Angus Taylor and Jacqui Lambie on an ABC News show keep ...
The Australian Securities and Investments Commission (ASIC) said on Thursday that it is seeking a fine of A$35 million (US$24 ...
Australia’s National Anti-Scam Centre (NASC) pulled nearly 6,000 fraudulent websites offline in three months as fresh data confirmed that digitally delivered fraud remains the most financially ...
HSBC Holdings Plc’s Australian arm admitted to failures in protecting customers from scams that cost them tens of thousands ...
Australia is being urged to step up after its neighbour pledged to close down all scam centres.
While the number of reported fraud cases is down, Australians lost 28% more money to online scams in the first four months of the year, compared to the same period in 2024. See Also: Small Business.
Sarah Ferguson presents Australia's premier daily current affairs program, delivering agenda-setting public affairs ...
Australians scammed out of A$3,000 or less could be able to claim automatic reimbursement from banks, phone companies or tech companies, under a new federal government proposal. Last year, there were ...
Learn how synthetic voices are making impersonation scams harder to detect, raising the stakes for Australian families, small businesses, and security teams.