In today’s fast-paced digital world, scammers are evolving just as quickly as technology. Australians are increasingly being targeted by sophisticated banking scams that exploit everyday habits—from investing online to booking holidays.
Here’s what you need to know to stay ahead of the fraudsters.
1. Ai-powered deepfake scams
Scammers are now using artificial intelligence to create realistic videos of celebrities and influencers promoting fake investment schemes. These deepfakes often appear on social media and mimic trending content to lure victims.
Watch out for:
- Sponsored posts featuring public figures endorsing financial products
- Urgent calls to invest quickly
- Links to unfamiliar platforms
Stay safe: Always verify endorsements independently. If it seems too good to be true, it probably is.
2. Cryptocurrency investment traps
Crypto scams are still rampant in 2025. Fraudsters create fake trading platforms that show small gains to build trust, then lock accounts or demand fees when users try to withdraw.
Red flags:
- Promises of guaranteed returns
- Pressure to invest quickly
- Unregistered platforms
Stay safe: Use platforms registered with AUSTRAC and check for a valid Australian Financial Services Licence.
3. Bucket list & ticket scams
From concerts to overseas adventures, scammers are cashing in on high-demand events. Fake ticketing sites and fraudulent visa services are on the rise.
Common tactics:
- Discounted tickets from unofficial sellers
- Fake travel deals
- Impersonation of government visa services
Stay safe: Buy tickets from official sources and verify travel requirements through government websites.
4. Remote access scams
These scams often begin with a call or message from someone claiming to be from your bank or internet provider. They’ll ask you to install software that gives them access to your device.
Warning signs:
- Unsolicited contact
- Requests to install apps or share login details
- Urgency or threats
Stay safe: Hang up and contact Defence Bank directly using official channels.
5. Sophisticated phishing attacks
Phishing emails and texts are becoming more convincing, mimicking real organisations and urging you to update account details or redeem rewards.
Spot the scam:
- Incorrect URLs
- Unexpected requests
- Messages that create urgency
Stay safe: Defence Bank may include hyperlinks that use the secure URL https://defencebank.com.au in official emails, but Defence Bank will never send you a link that takes you directly to our sign-in page or asks for your personal or financial details.
How to protect yourself
- Pause before you pay:
- Don’t click links in text messages:
- Report suspicious activity: Stay informed. Stay secure.
Final Advice: Stay One Step Ahead
Here are five simple ways to protect yourself from scams:
- Use strong passwords and enable multi-factor authentication
- Monitor your accounts regularly
- Be sceptical of urgent or emotional requests
- Shred sensitive documents
- Stay informed and report suspicious activity immediately
Need help or think you’ve been targeted?
Call us on 1 1800 033 139 , Or send us a Secure Message via online banking or the app.
Important note: This information is of a general nature and is not intended to be relied on by you as advice in any particular matter. You should contact us at Defence Bank to discuss how this information may apply to your circumstances.
