7 News · general
ASIC eliminates 12,000 dodgy scam sites, issues warning over evolving online threat
2 hours ago
The Australian Securities and Investments Commission eliminated nearly 12,000 scam websites in 2025, marking a 90 percent increase from the previous year. ASIC warns that cybercriminals are now utilizing artificial intelligence to enhance scams, leading to $2.18 billion in losses for Australians. The regulator urges individuals to verify investment opportunities before sharing personal information.
Summary by Glance · Original reporting by 7 News
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