Topic
Scams
181 published works
Banking, Finance and Securities
PSR update on timings for the APP scams claims management consultation
On 10 April 2025, the Payment Systems Regulator (PSR) published an update from its Head of Policy, Claire Simpson, regarding the next steps on the PSR’s claims management consultation and…
Bright Law Blog
What are the obligations of a receiving bank in a scam?
While the ePayments Code sets out the responsibility of a receiving bank of a mistaken internet payment, it does not apply to scams. The Assistant Treasurer and Minister for Financial…
New Ideas Legal Tech
Tip for 2025: Get Serious About IT Security
By Jerry Lawson
Detecting scams used to be relatively easy. Social engineers nearly always left clues that made spotting and avoiding them easy. Things have changed. Scammers are enormously more sophisticated. The Washington Post’s…
Bright Law Blog
Scams Prevention
The Scams Prevention Framework Act 2025 has been passed by both houses of Parliament and commenced on 14 February 2025. The Scams Prevention Framework (SPF) principles apply to all regulated…
Data Privacy + Cybersecurity Insider
Privacy Tip #428 – Getting Text Messages From E-ZPass or Toll Road Operators? They’re Scams Coming from China
This week, I received a fake text message (a smish) saying my E-ZPass account was overdue and that I urgently needed to pay it. That’s a new one and, apparently,…
Data Privacy + Cybersecurity Insider
Privacy Tip #422 – Youville: For You and Your Kids Aged 8-12
The Federal Trade Commission provides consumers with tips and advice, including online privacy. Its Scam Alerts are helpful and timely. Continuing its mission, the FTC has launched Youville, an online…
Bright Law Blog
Australian Scams Prevention Framework Bill 2024 introduced
The Australian Government has introduced the Scams Prevention Framework Bill 2024 into the House of Representatives. Background. The Bill establishes a legislative framework called the Scams Prevention Framework (SPF) in a…
ComplexDiscovery
Meta Reintroduces Facial Recognition to Combat “Celeb Bait” Scams
By Rob Robinson
Editor’s Note: Meta’s recent reintroduction of facial recognition technology marks a significant step in combating the increasing threat of “celeb bait” scams—fraudulent ads that exploit the likeness of public figures…
Global Regulation Tomorrow
PSR issues policy statement confirming maximum level of reimbursement for Faster Payments APP scams
By Anita Edwards, Simon Lovegrove (UK)
On 3 October 2024, the Payment Systems Regulator (PSR) published a policy statement, PS24/7, confirming the maximum level of reimbursement under its Faster Payments Authorised Push Payment (APP) scams reimbursement…
Consumer Financial Services Law Monitor
CFPB Report Highlights Challenges Facing Servicemembers and Veterans, Including Student Loans and Money Transfer/Virtual Currency Scams
By Ethan G. Ostroff, Chris Willis
Today, the Consumer Financial Protection Bureau (CFPB or Burau) released its annual report detailing the financial challenges faced by servicemembers, veterans, and military families. In 2023, this group submitted nearly…