It’s Scams Awareness Week (25–29 August 2025), a time dedicated to shining a spotlight on the tricks scammers use and, more importantly, how we can protect ourselves and each other. At MOVE Bank, we’re proud to support Scamwatch’s Stop. Check. Protect. campaign message, helping our members stay alert to scams and reduce their risk of falling victim.
Scams are unfortunately a growing part of daily life, with billions lost across Australia each year. By understanding the latest trends and taking simple steps to stay safe, you can protect not just your money, but your personal information too.
What’s the Scam Situation Right Now?
- Australians lost a whopping $2.03 billion to scams in 2024, though this is actually 25.9% lower than in 2023. This is proof that collective efforts are having an impact.
- Still, between January and August 2025, roughly 90k scam reports were filed totalling approximately $147 million
- Investment scams remain the costliest, accounting for almost half of financial losses (about $73 million during that period)
- Phishing scams, those sneaky impersonations via email or text, are also prevalent with Australians losing approximately $14.6 million so far this year.
Ready to Talk Solutions? Stop. Check. Protect.
You may already know this simple but powerful motto—Stop, Check, Protect. It’s the National Anti-Scam Centre’s best-practice mantra for scam awareness.
Here’s how it translates to everyday actions—and how MOVE Bank supports you:
- Stop: Take a Moment
- Scammers thrive on urgency. Always pause before clicking a link or handing over sensitive info.
- If something seems off, even something as simple as an unexpected call or message, stop and breathe.
- Check: Verify Who You’re Dealing With
- Whether it’s an email, text, or phone call, look up contact details independently. Scammers are known to fake websites, phone numbers, and caller IDs.
- Don’t reply directly to the message. Call the official number listed on the organisation’s website.
- Protect: Reach Out and Report
- Worried you’ve been targeted? Ask for help, whether from MOVE Bank, Scamwatch, or IDCARE.
- If funds or personal details might be compromised, reach out to MOVE Bank immediately. And if something feels phishy (pardon the pun), report it even if no money’s lost. That intel helps protect others.
Yes, scams are still hitting hard, but knowledge is power. Even when scammers adapt, taking just a moment to Stop. Check. Protect. can make all the difference.
Remember: if something doesn’t feel right, we’ve got your back. Contact us or visit movebank.com.au/scams to learn more.
Stay safe, stay aware, and we’re always here to support you.
Source: ScamWatch www.scamwatch.gov.au/research-and-resources/scam-statistics (19/08/25)