Card Fraud increases and Commonwealth bank's problem

The Commonwealth Bank is being accused of more than fifty-three thousand breaches of laws put in place to combat money laundering and terrorism financing. Meanwhile, over the past five years, online and credit card fraud in Australia has more than doubled. In 2016 alone, Australians online were defrauded over $530 million, raising questions of what can be done to stop it.

File image of a credit card Source: AAP