Summary
- Bank impersonation scams are on the rise, with criminals pretending to be from a bank to steal personal and financial information.
- In Australia, these scams caused $11 million in losses over nine months in 2023.
- Scammers may contact individuals through calls, emails, or messages claiming to be from the bank’s fraud department.
- To protect yourself, verify any unexpected messages and never share personal or financial information with unknown callers.