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Fraud risks facing Australian financial institutions
21/10/2026
Australian financial institutions sit at the centre of a fraud ecosystem shaped by instant payments, digital onboarding, data-rich customer relationships, and increasingly convincing impersonation. In 2025, combined scam losses reported across key Australian channels reached $2.18bn, an increase of 7.8%, despite the number of reports falling. Investment scams accounted for $837.7m, while payment redirection scams […]