Banking

In October 2021, Anne, a Victorian education consultant, lost almost $100,000 within 48 hours after scammers hacked her email, posed as her and directed her clients to pay invoices into a different account.“ rang me and said, ‘Did you get the money?’ I said no. But the bank said it was too late, it was gone,” says Anne, who is using a pseudonym for privacy reasons.Anne might have got her money back had she been in the UK, where some financial institutions have signed up to a voluntary code meaning...