ANZ Urges Businesses to Stay Vigilant as Cyber Scams Grow Harder to Detect
MT Newswires Live
Oct 06
ANZ Group Holdings (ASX:ANZ, NZE:ANZ) is urging businesses to stay vigilant as cyber criminals adopt increasingly sophisticated tactics, according to a Tuesday statement.
Scams are becoming harder to detect, with criminals impersonating established brands, compromising suppliers and exploiting businesses and individuals through artificial intelligence-enabled deception, the statement said.
ANZ customer scam losses fell 24% between October 2025 and June from the same period a year prior, the statement added.
The bank said it prevented and recovered more than AU$100 million in scam and fraud-related funds over that period.
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