New Zealanders lost nearly $117 million to scammers in 2023
Online scams cause significant financial harm in New Zealand, with unreported cases likely dwarfing official figures. The government acknowledges that current regulatory frameworks fail to keep pace with sophisticated, cross-border digital threats. This highlights the urgent need for open data sharing between banks, telecoms, and authorities to build effective, coordinated anti-fraud solutions.
Source: prokerala.comPublished on 2024-11-19
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