Search results for Scams and fraud
CommBank leads with new anti-scam security features
Australians have now added CommBank payment details to more than 7 million digital wallets on mobile phones and tablets. New anti-scam security hel...
14 November 2024
CBA cautions small business against “too good to be true” investment opportunities
With more than half of the money Aussie small businesses lose to scams going to fake investments, CBA Executive General Manager Rebecca Warren prov...
30 September 2024
Expanded anti-scam technology helping protect elderly customers from phone call scams
CommBank and Telstra expand ‘Scam Indicator’ technology to cover landlines – providing additional protection to joint customers.
28 August 2024
Doubling down on safety in the bush
CommBank doubles the number of free seminars to help more regional Australians stay safe from scams and fraud.
21 August 2024
Anti-scam measures cut scam losses for CommBank customers in half
An increased focus on protecting customers from scams is working but CommBank says there is more to do across big tech, telcos and banks.
1 August 2024
New Australian anti-scam sharing technology unveiled
CBA is the first bank to integrate and share information into a new ‘anti-scam intelligence loop’ making it faster to report and remove scams acros...
13 June 2024
New research reveals almost one in three fail to spot a tax scam
Despite nine in 10 Aussies being confident they can identify a scam, CBA urges extra vigilance as tax season brings heightened risk.
11 June 2024
CBA offers free financial wellbeing seminars
More than half to focus on educating customers about fraud and scams.
5 June 2024
CBA to pilot international use of NameCheck technology on Liink by J.P.MorganSM
CBA’s industry-leading NameCheck technology becomes part of effort to combat international scams and mistaken payments.
29 May 2024
CBA warns small businesses against tax time scams
Small businesses should be on the look-out for phishing scams targeting their taxation portal credentials.
21 May 2024
The great divide: small business and perceptions of online safety
New research suggests Australian small businesses regard cyber security as either a high priority, or not a priority at all, potentially making the...
27 March 2024
CBA invests in international transaction screening technology company
New RegTech investment with the potential to boost sanctions compliance and make global payments more efficient for customers.
25 March 2024
Valentine’s Day season sees rise in romance scams
CBA reminds customers to ‘Stop. Check. Reject.’ as a growing number of unsuspecting Aussies are being tricked into sending money to fake admirers.
13 February 2024
New scam intelligence sharing helps CBA and Vodafone combat SMS scams
Vodafone and CBA are now sharing SMS scams intelligence in near real-time to help disrupt, detect and proactively block fraudulent payments, as par...
6 December 2023
Season 2 of Anatomy of a Scam podcast to focus on cutting-edge technology used by cybercriminals
Voice cloning, deep fakes and AI are among the new cutting-edge technologies being used by scammers explored in the second season of Anatomy of a S...
28 November 2023
CBA rolls out NameCheck availability to leading industry names
Bendigo Bank and Satori are piloting CBA’s industry leading NameCheck technology to help combat scams and mistaken payments.
27 November 2023
CBA welcomes new Scam-Safe Accord to disrupt, detect and respond to scams
Commonwealth Bank of Australia supports new anti-scam measures from Australian Banking Association, announced today.
24 November 2023
CBA extends scam disruption technologies as part of ‘whole-of-ecosystem' national approach
CBA collaborates with Telstra to switch on ‘Scam Indicator’ nationally and will extend ‘NameCheck’ technology to other organisations who process pa...
26 October 2023
CBA leverages AI to combat cybercrime with exponential increase in online activity
CBA’s cyber security experts working with AI to monitor billions of online activities every day.
17 October 2023
Research shows Australians are more scam-aware than 12 months ago as losses fall
Over the last year CommBank protected customers from more than $228 million scam attempts through its prevention and detection program.
25 September 2023
A brigade of cyber wardens set to transform small business cybersecurity landscape
The ultimate line of defence against cyber criminals is about to march in, and they mean business.
1 August 2023
Research shows one in four Aussies have been exposed to EOFY scams
CommBank urges customers to stay alert to scammers taking advantage of end of financial year with tax scams.
5 July 2023
CBA welcomes new National Anti-Scam Centre's first fusion cell
Commonwealth Bank of Australia has welcomed the investment scam fusion cell to combat the growing problem of investment scams, announced today.
3 July 2023
CBA targets scams with new holds, declines and limits on payments to cryptocurrency exchanges
Protecting customers as scammers exploit the rising popularity of cryptocurrency purchases
8 June 2023
CBA steps up national battle against scams
Industry-leading NameCheck anti-fraud technology to be offered to government, financial services firms as CommBiz customers get use of new service ...
30 May 2023
‘Whole-of-ecosystem’ approach needed to tackle scams
In conversation at the Australian Financial Review Banking Summit, CommBank CEO Matt Comyn spoke about how protecting customers is a top priority f...
29 March 2023
CBA and Telstra join forces to protect customers from phone scams
Proof-of-concept of ‘Scam Indicator’ shows the potential to double the success rate of phone scam detection and prevention for joint customers and ...
27 March 2023
With higher digital engagement than ever, CommBank works to keep customers safe online
The bank is continuing its strategy to deliver global best digital experiences and technology.
15 February 2023
Don’t fall for a scammer this Valentine’s Day
A growing number of Aussies are being tricked into sending money to fake admirers.
14 February 2023
New scam detection, prevention and education initiatives to keep more customers safe
CBA is the first Australian bank to provide account “NameCheck” on its digital banking platforms, as new “CallerCheck” feature is launched to verif...
2 February 2023
Don't let scammers ruin your Christmas: The top 5 scams to watch out for over the holidays
CBA is warning Australians to stay vigilant this festive season with scammers preying on people’s emotions, generosity, and vulnerability at this t...
21 December 2022
New podcast dissects the Anatomy of a Scam — and how to protect yourself
"Education is the key to preventing scams,” explains journalist Deborah Knight in Commonwealth Bank and Nine Entertainment’s new eight-part podcast...
9 November 2022
‘It can happen to anyone’: What this CBA employee learned from falling victim to a relationship scam
This Scams Awareness Week, a woman who lost thousands of dollars to a scammer shares her one piece of advice to prevent others from making the same...
7 November 2022
This Cyber Security Awareness month, simple advice keeps small businesses safe online
Developed by the Australian Cyber Security Centre and supported by Commonwealth Bank, the Small Business Cyber Security Guide is an easy-to-follow,...
28 October 2022
New cyber safety initiative to upskill small businesses
CBA is teaming up with Telstra and leading small business advocacy body, COSBOA, to tackle one of the greatest risks facing the country’s 2.3 milli...
17 October 2022
Research shows the average Australian receives over 250 scam attempts a year
CommBank launches a national ‘CommBank Safe’ campaign to help prevent and protect Australians from scams and fraud.
14 October 2022
Protecting yourself from identity fraud
With the topic of identity fraud top of mind for many Australians, CommBank’s General Manager of Group Fraud Management lays out the simple steps p...
5 October 2022
CBA introduces leading AI technology to protect more customers from scams
CBA to significantly increase resources and expand technology to tackle this disturbing issue.
4 July 2022