The Australian Telecommunications and Media Authority says scammers were able to manipulate the telco's systems to bypass required identity verification processes.
Topic:Explainer
Topic:Explainer
Black Friday sales 'pressure' pushing some Australians into debt binge
With millions of Australians tipped to spend record amounts this Black Friday, the value of personal credit and charge-card balances accruing interest has hit its highest level since 2021.
How to spot 'ghost stores' posing as Australian businesses
With Australians expected to spend billions this Black Friday, the consumer watchdog is warning about a growing number of "ghost stores" targeting unsuspecting shoppers and posing as local businesses promising premium goods, when in reality they are shipping fast fashion from overseas.
'Promise to do better': Super giant Cbus ordered to pay $23.5m fine
Superannuation giant Cbus will pay a $23.5 million fine after admitting it breached the law over major delays in its handling of insurance claims.
What dodgy sales tactics to watch for this Black Friday
When it comes to Black Friday sales, most shoppers expect to be accosted with aggressive marketing material. But the cumulative effects of these ads can be damaging.
Topic:Explainer
Home owners filthy on plumbing industry as insurance firms dig in
Home owners are demanding action after years trying to access insurance payouts for failed plumbing work that has left properties a mess and, in some cases, unliveable.
Crackdown on money transfers identified 45 suspected paedophiles
A crackdown on online payment services reveals "multiple examples of high-risk customers", as the Australian regulator orders a global company to appoint an external auditor.
How retirees are failed by Australia's superannuation system
Superannuation products that fail the federal government's performance test are still offered to those already retired at a potentially huge cost, according to the consumer advocate.
Choice bought 24 toys online. Only seven were safe to give to children
The consumer group is warning parents to be wary of the dangers of button batteries in seemingly harmless products aimed at children.
Bondi Sands the latest brand to recall sunscreens over potential SPF concerns
A major Australian sunscreen brand, Bondi Sands is the latest to announce recalls over potential SPF concerns, and the first to remove products from shelves that have not been identified as using the same problematic base formulation.
'More control over my data than I do': Ongoing concerns about Genea IVF
Patients of fertility giant Genea want the company held to account for a data breach earlier this year, amid concerns that some of its IT systems continue to fall short of best practice.
Chinese 'cryptoqueen' fraud jailed in UK over $9b Bitcoin laundering scheme
British authorities say Zhimin Qian was the mastermind behind a Ponzi scheme into which around 128,000 people invested billions of dollars.
The Wiggles 'likely breached' consumer law with sale of headbands: ACCC
The Wiggles will produce an episode of their parenting podcast, highlighting the product's recall and safety issues relating to button batteries.
Outback retailer withdraws bid to overturn Centrepay credit ban
Outback retailer Urban Rampage withdraws its appeal on a Centrepay credit ban issued by Australia's financial regulator.
'Disgusted' WA premier slams scammers over deepfake AI video
WA's consumer watchdog says scams are getting more sophisticated and cheaper to make, as an AI video of state premier Roger Cook sparks new concerns.
Meta forecast $24b revenue from scam ads, internal documents show
Users of Facebook, Instagram and WhatsApp are exposed to fraudulent e-commerce and investment schemes, illegal online casinos, and the sale of banned medical products.
Microsoft to refund subscription price hike but ACCC still seeks penalty
Microsoft apologises to customers and says it will refund them, after the consumer watchdog alleged the tech giant misled about 2.7 million Australians over subscription costs so they would remain on more expensive plans.
A computer alarm, scam calls, then Dorothy's life savings were gone
A pensioner tells her nightmarish story as the financial crimes regulator takes action against a second Australian player in the booming crypto ATM business linked to lucrative scams and money laundering.
Sunscreen maker at centre of recalls blocked by US regulator for years
The Australian sunscreen manufacturer at the centre of a spate of recent product recalls has been blocked from exporting sunscreens to the United States for the past three years.
Warning for parents as 80pc of online Halloween buys fail safety tests
Authorities warn parents of the dangers of Halloween-themed toys bought online, after testing reveals 80 per cent fail to meet safety and information standards.
Calls for Australia to follow Europe's push to ban 'forever chemicals'
As the European Union proposes a ban on the entire PFAS chemical class, some researchers say Australia should do the same.