The Australian Competition and Consumer Commission says older Australians, as well as those from culturally and linguistically diverse communities, are among those most at risk.
Last December, Sydney woman Sunni Wan received a text saying someone was trying to access her bank account.
"At $2.74 billion, that is still far too many dollars lost to Australians, and a significant emotional and other costs suffered by Australians as well. Some of the areas where we will be focusing over the next 12 months are supporting the introduction of mandatory and enforceable codes. We've done a great deal with volunteers around the table, but we need everyone around the table to be effective in this fight."Next were remote access scams, at $256 million.
People aged over 65 were scammed out of more money than any other age group last year, losing $121 million.
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