Aussie Telco KYC Failures Prompt Large Fine
Circles.Life was given an AUD199,800 fine and will pay another AUD100,000 to compensate customers after failing to perform identity checks that would have stopped frauds.
Singapore Joins Nexus of Bilateral Telecoms Spam Agreements
A deal between Singapore and Australia sees the East Asian country align with a growing web of similar deals between Western nations.
Half of All Australian Scams Begin with Voice Calls
Losses to scams increased by 84 percent in 2021 but there was also a 50 percent reduction in the number of phone scams reported.
Regulator Warns Telco for Failing to Investigate Spam
Symbio Group did not check the origin of hundreds of thousands of spam calls because they lacked the tools to do so.
Australia Will Impose New Rules to Stop SIM Swaps
The Australian regulator says victims of SIM swaps lose around AUD28,000 (USD21,000) on average.
Australia Considers New Rules to Prevent SIM Swaps
The Australian Communications and Media Authority (ACMA) wants telcos to use multi-factor authentication for all ‘high risk’ customer interactions.
Australia Blocked 214mn Scam Calls in 9 Months
Paul Fletcher MP, the Australian Minister for Communications, says the rising number of blocked calls is proof that the country’s anti-scam strategy is working.
What Will Be Achieved by the US-Australia Anti-Robocall Agreement?
The leaders of the FCC and the ACMA signed a piece of paper that lists vague promises they are not obliged to keep.
Australia Blocked 11mn Wangiri and 44mn Spoofed Calls Since December
Comms providers adopted a code of conduct to detect, trace and block scam calls in late 2020.