Cybercriminals are coaching victims, recruiting money mules and ramping up attacks. Banks are in the business of making this an expensive exercise.
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Avoid Internet Scams and ripoffs
Avoid Internet ripoffs and Scams Curated by Peter Mellow |
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Cybercriminals are coaching victims, recruiting money mules and ramping up attacks. Banks are in the business of making this an expensive exercise.
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The ACCC has found the big banks have reimbursed only 2 to 5 per cent of customer scam losses. They only stopped 13 per cent of scam payments.
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More than $95m has been lost to scams so far this year, while the big four are expected to make more than $33bn
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For younger savers still accumulating their home deposit and older outright homeowners with cash in the bank, it’s time to start shopping around for a better return on your hard-earned.
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As a public service announcement, let me share with you what I do when there is a rate cut.
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Most Australians are being dudded on their mortgage, so here's how to fix that.
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The Australian Financial Complaints Authority only began at the start of November, but it has already been flooded with more than 6,500 complaints — that's an average of 310 every business day.