BLUF
Some scammers will now call you—pretending to be your bank; then ask you to verify your identity by reading out a one-time passcode that is sent out, which authorises a withdrawal from your account.Learning Outcomes
- Build an awareness of the latest cyber-crimes and fraud affecting Australians.
- Discover how easy it is for cyber-criminals to withdraw funds from third-party bank accounts.
- Understand that banks will refuse reimbursement if you voluntarily share your passcode, citing a breach of terms.
