Card Fraud Rises Across Australia To $2.2bn

March 20, 2024 00:04:50
Card Fraud Rises Across Australia To $2.2bn
Digital Finance Analytics (DFA) Blog
Card Fraud Rises Across Australia To $2.2bn

Mar 20 2024 | 00:04:50

/

Show Notes

In the most recent incident of card fraud: the gross amount withdrawn or used for all incidents was $2.2 billion while the net loss after any reimbursements paid for all incidents was $476 million. The median amount withdrawn or used per incident was $200, A further 514,300 (2.5 per cent) experienced some kind of scam, and just under 200,000 (1.0 per cent) were victims of identity theft. The proliferation of the digital world has opened the door for more scans, so we need to be careful with the information we share, the links we click, and monitor statements to look […]

Other Episodes

Episode 0

November 01, 2020 00:20:13
Episode Cover

A Spotlight On Point Cook And Werribee [Podcast]

The latest in our property analysts series looks at 3030. Werribee is a suburb of Melbourne, Victoria, Australia, 32 km south-west of Melbourne's Central...

Listen

Episode

November 04, 2025 01:25:30
Episode Cover

DFA Live Q&A HD Replay: Investing Now: Navigating Peak Uncertainty With Damien Klassen

This is an edit of a live show as we dive into the latest financial markets action with Damien Klassen, Head of Investments at...

Listen

Episode 0

September 17, 2023 00:42:44
Episode Cover

Who’s Really Driving The Abolition Of Cash? With Robbie Barwick

Robbie Barwick from the Citizens Party and I discuss the latest moves in the battle to retain cash in society ahead of the next...

Listen