Original article by Kathleen Skene
The Australian – Page: 15 : 8-Apr-26

Data from the Australian Securities & Investments Commission shows that it has used its ‘take-down’ powers to order the removal of more than 25,000 phishing and investment scam websites since 2023. This includes 11,964 sites in 2025, which is 90 per cent higher than the previous year. ASIC commissioner Alan Kirkland notes the growing use of artificial intelligence technology to generate scam ads, including professional videos and fake endorsements. The National Anti-Scam Centre has reported that Australians lost a combined $2.18bn via scams in 2025.

CORPORATES
AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION, NATIONAL ANTI-SCAM CENTRE