Banks and social media companies to be fined over scams under new Australian laws

Australian laws

Australians have lost at least $208 million to scams this year. Scam Watch reports 198,126 scams. The Albanese government is introducing new laws. These laws will fine banks, telcos, and social media up to $50 million. They must protect customers from scams. The Scams Prevention Framework aims to give Australians the best protection against scams. … Read more