Inside ASIC

6. Stopping the Scammers


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The podcast Inside ASIC this week puts scammers squarely in ASIC’s cross hairs.  

As artificial intelligence becomes more prolific in modern society, scammers are using the tool to produce highly convincing scams that leave even the experts second-guessing. The Commission’s taken down more than 10,000 investment scam websites and online advertisements and we are continuing to do a big piece of work to ensure banks are protecting consumers.  

In this episode of Inside ASIC we caught up with:  

  • Senior Manager of Enforcement, Sarah Bower 

  • Consumer advocate Steph Tonkin 

  • Senior Specialist Scams Elisabeth Saunders

24-280MR ASIC sues HSBC Australia alleging failures to adequately protect customers from scams | ASIC 

The content and information is not intended to be financial advice and that consumers should seek independent financial advice on any matters discussed.

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