ASIC Takes Down More Than 7,000 Phishing, Investment Scam Websites in Just 12 Months

National cybersecurity coordinator Air Vice-Marshal Darren Goldie at a press conference at Parliament House in Canberra, Australia, on June 23, 2023. AAP Image/Mick Tsikas

The Australian Securities and Investments Commission (ASIC) has taken down more than 7,000 phishing and investment scam websites within the 12-month period since it launched its investment scam disruption operation, the regulator announced in an Aug. 19 press release. 

Since July 2023—when it partnered with the National Anti-Scam Centre on the scam fusion cell—ASIC has coordinated the removal of more than 5,530 fake investment platform scams, 1,065 phishing scam hyperlinks, and 615 cryptocurrency investment scams, it said.