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Estimating the cost to Australian businesses of identity crime and misuse

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Estimating the cost to Australian businesses of identity crime and misuse

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https://www.scmp.com/tech/policy/article/3147725/chinas-most-popular-app-developed-police-and-promoted-cyberspace

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China's top app download is developed by police, stoking privacy concerns

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An 'anti-fraud' app developed by China's public security ministry is the most downloaded app in the country, thanks to a state-sponsored promotion campaign.

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It is more convenient and practical, the customer can always know that it is a fraudulent call and not from the company, and the company will not suffer any loss.
This type of mobile application is already in use in China and has effectively reduced the probability of successful identity scams.

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introduce a cell phone software that records phone numbers or email addresses suspected of being fraudulent.

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In the UK there are some similar prevention on processing, and receive good feed back.

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Updating computer's software and hardware systems to more effectively identify the authenticity of invoices.

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Employees of small and medium-sized companies have relatively little opportunity to receive fraud prevention training, as opposed to large companies. Their losses account for 66.4% of total losses.

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Identity crime prevention training for businesses especially small and medium companies.

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Mornington Peninsula shire are the suburbs with the oldest population in the Melbourne area.

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How can the financial impact of identity crime on businesses be reduced?

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Mornington Peninsula Shire

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Identity crime in Australia