Commonwealth Bank reports $1 billion mortgage fraud scheme | 7NEWS скачать в хорошем качестве

Commonwealth Bank reports $1 billion mortgage fraud scheme | 7NEWS

Commonwealth Bank has reported itself to police over $1 billion worth of possible mortgage fraud, marking what could be the largest fraud case against an Australian bank. Cybersecurity experts suggest criminals are using data from previous breaches like Optus, Medibank and Latitude, combined with artificial intelligence tools, to create fraudulent documents including payslips and bank notices for loan applications. The case follows NAB's $150 million fraud incident last year, highlighting ongoing vulnerabilities in lending processes and the need for enhanced verification procedures in the banking sector. Subscribe and set 🔔 » https://7news.link/YTSubscribe | For the latest Australian news and breaking news alerts, connect with 7NEWS online: Visit » https://7news.com.au 7Plus » https://7plus.com.au/ 7NEWS Podcast » https://open.spotify.com/user/dm9fk9h... Facebook »   / 7newsaustralia   TikTok »   / 7newsaustralia   Instagram »   / 7newsaustralia   X » https://x.com/7NewsAustralia 7NEWS combines the trusted and powerful news brands including Sunrise, The Morning Show, Spotlight and 7NEWS.com.au, delivering unique, engaging and continuous coverage on the issues that matter most to Australians. Watch 7 News Australia full broadcasts and full episodes at 6pm and weekdays at 12pm and 4pm on Channel 7 and 7plus. #BREAKINGNEWS #7NEWS