Australia's National Anti-Scam Centre: Prevention Is Better Than the Cure
Australia officially launched their National Anti-Scam Centre this week. With more than AUD $3.1 billion lost each year, Australians need support. With representatives from the banks, telecommunications industries and digital platforms, the intent of the center is to identify methods to disrupt all kinds of scams and reduce scam losses. While I completely support this initiative, it would be remiss of me not to highlight that the prevention of scams is perhaps as important as the cure.