For Aussie credit card holders, avoiding fraud is an ever-prescient task, as online scamming schemes have blossomed ever since the ‘dotcom boom’ of the early 2000s. An APCA report from 2015 showed domestic and international counterfeit/skimming fraud across all Australian credit cards respectively amounted to $25.4 and $28.1 million.
Sound scary? You bet. Yet there’s no reason for you to panic, as you can safeguard yourself from banking fraud if you follow certain security precautions. We’ve compiled some of them in the below list.