Why new scam laws might actually bite
Through the digital services that cost Australian citizens, a theft outbreak of over $ 2.74 billion per year encouraged the government to try new laws; Customers “Finally!” They will shout.
Dr Lee Duffield says that the key will share more risks from Put-up customers and small investors; But will they try?
The population of consumers who objected to a lifestyle distorted by a continuous cat and mouse game with criminals is a threat to the government.
Most of them know something Australian: the creep that offers “agreements ünde on the phone; Texts from “Telstra” or “ATO ıs are to cut your phone, get a fine or close your computer; Fake ad of online services.
Legislation
Chasing criminals is something; It should be in line. We haven’t seen much conviction yet; Many outside Australia, and cases are a mixed bag, from only opportunists to scaled networks.
However, now to address this social and economic problem, the Federal Government made legislature on February 13 to determine what he said. Fraud Prevention Framework. This is a new part Competition and Consumer Law 2010 (CTH).
If it becomes hard enough, it will require banks, monster IT and social media companies and telecommunication providers to take more responsibility and provide more effective protection.
DIY Security and Sacrifice accusation
Undoubtedly, the current community impulse that activates the personal resources of millions of people should be useful protection-but it is obviously not enough and is not good enough. Australia 600,000 frauds annually.
Consumers do the old ones, get a great share of the responsibility of preventing them, they do their best. Banks receive endless advice from insurance, financial consultants and government agencies to be awake, not to trust anyone and to keep up with the latest numbers. As potential victims, they point to a generous resignation to live on the charges of ongoing implicit victims when a scam. But is it on the way to relax?
A change – can it work?
Enter your reform and chance.
Supposed Frame It strengthens the government to manage and regulate it with an emergency in this regard: it has accepted a sharing of responsibility between institutions. This means potentially prohibiting legal steps to receive a defrauded and compensatory payment, to receive response to the bank or internet service provider. A central public agency-seems to be established National Anti -Sam Center – It may be useful to solve such cases.
. Australian Banking AssociationFirst, he sighs a comfortable and Signed to cooperateAfter assurance to spreading responsibility to sectors. They didn’t want United KingdomLast October, it also allowed them to pay compensation for customer losses, waiting for them to delay and investigate fraudulent payments. The justification is that the Banks in the UK will find ways to defend their accounts comprehensively if they have to remove stops and compensate for lost money.
The widespread practice in Australia seems to be fraudulent for the next goal, tell the customer that they do not expect to get much cooperation from other institutions that receive money and offer the customer a payment without prejudice ((usually $ 5,000, sometimes against much larger quantities;
And now, we are looking at this change, which can be better than a customer, a customer who follows the right protocols and does not act illegally than a bank or other institution, but we can relieve this change better with the shared risk principle.
What arrangements about companies?
A compact guide The new Australian laws are provided by one of the few law firms interested in change, which shows how the laws are for fraud prevention, detecting fraud, disrupting ongoing frauds and responding to crimes.
The report should apply “creditor approval” technology within the scope of the amendment; He will be asked to respond quickly to the reported frauds; And define and close the “Money Master” accounts used by scammers.
The so -called technology giants (including Google, Facebook and Tiktok) can be held responsible for frauds that develop on platforms; Advertising will have to verify their identities and ensure content legality. Telcos will need to verify the sending identity for text messages and block the numbers used for scam calls. (Such guards voluntarily, in certain areas, will now be mandatory for everyone.)
Report he says:
‘These changes are designed to provide more robust protection for citizens and to help them keep businesses more accountable.’
Compensation for losses
What will be compensation?
In accordance with the joint responsibility plan among these companies, victims may ask for fraud compensation from many parties, including banks, technology platforms and felcos. Disputes can be upgraded to Australia Financial Complaint Authority (Afca). AFCA’s maximum payment is currently limited to $ 1.2 million.
Industrial reactions were Cageey in this report. Technology giants had to accept compulsory changes; Google is not possible to prevent all deception websites in search results, but the digital Industry Group Inc (DigiSince then, he has agreed to cooperate with the government.
The banking industry has been torn for now, saying that the system should prove that the system is fair and effective. Consumer organizations increased their support by expressing concerns about delays in compensation and dispute resolution. Industrial groups bought some time, negotiated, and said that the government’s reform could pass gradually.
An assessment from another legal source says that the access of the legislation will be extended over time:
‘Organized sectors will initially notify banking, telecommunications, digital platforms (social media, paid search engine advertising and direct messaging), pension, insurance, online market and crypto currencies industries will notify the future appointment.’
Serious intentions
The minister responsible for change before leaving politics, Stephen Jones, optimistic About Reform Chance:
The Australians have a government that fought against scammers after they were finally left to defend themselves for years.
We have presented our election commitment to establish a national anti -asset center and we are pleased to see that the banking industry has taken its own proactive steps.
Regulator, Accc, Speaking about To be able to act effectively:
He said that the first legislation of this world has increased the protection throughout the economy by setting consistent and applicable obligations for the enterprises in the key sectors where scammers work.
In accordance with the new legislation, the ACCC will closely monitor the compliance with the principles to prevent, detect, demolish, answer and report.
ACCC Vice President Catriona Lowe in question:
The type of financial crime offers an unacceptable threat to the Australian community and had a destructive effect on hundreds of thousands of Australians.
This bill is a critical step in the fight against fraud – creates inclusive principles that all members of the designated sectors must follow.
Indicator – the size of the problem
A footnote about a deception that makes tours with some destructive effects, “Microsoft Deception”,“ Microsoft Support ”advertises aid for attacked computers or publishes a pop -up window on a screen with phone numbers (including real customer service number, 132058) on a screen after hacking. Published Warnings. Otherwise, what did he do about the scam?
For any company, he would move the mountains to end the problem and cleanse the name when he was smaller than Microsoft and more worried about reputation. In a similar note, Google sells this deception and sells fake “Microsoft” main advertising positions? A “Great Government” line, stronger regulation can solve some of these investigations.
A seemingly challenging new law görlen, managed by some determinations, will it actually enable him to get a much greater responsibility for what is in the operations of big companies? Some of them are completely “free market ve in the mindset and they are not interested in social responsibility, even compliance with the Australian laws; However, if there is no process (can we trust?), They can see the size of the marketing problem themselves.
Political leaders came to this point, as the current government knew. We have to see how he’s going.
Have you had a personal experience with Smamming? When new laws arrive, it’s a good time to get together now. If you are interested in this, please contact iA via admin@indendentaustralia.net.
https://www.youtube.com/watch?v=1s7kgm-_hsy
Among Dr Lee Duffield’s extensive journalism experience, he worked as ABC’s European correspondent. He is also a respected academic and Pacific Journalism Review Editor Advisory Board Member and is a member of the Senate University of Queensland.
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