BANK023 Protect your bank account from scammers (673 words)

This article highlights the staggering number of Australians impacted annually by scams. It lists easy steps we can all take to keep our bank accounts safe and where to find help if we do fall victim to scammers.

According to the ACCC’s Scamwatch statistics, Australians reported a total of $568.6 Million lost to scams in 2022, which makes for big business for scammers, and a cause for concern for all Australians.

According to research by the Commonwealth Bank (CBA) (September 2022), 60% of Australians reported having personally been a victim of a scam, or knew someone who had, and 57% of Australians reported becoming more concerned about scams over the last 12 months.

This is unsurprising given the constant flow of suspicious emails, texts, phone calls and more that Australians are bombarded with.