Scam alert: How to keep your cash secure
Tue Feb 03 2026
Hundreds of thousands of Australians lose money to scams each year, but there are simple steps everyone can take to better protect their money.
On this episode of the Friends With Money podcast, Money’s Tom Watson is joined by Olivia McArdle, head of payments and deposits at Macquarie Bank, to discuss account safety and scams to watch out for.
01:48 Built-in security features in banking apps
03:39 Basic phone and computer security tips
05:32 Common financial scams to watch out for
07:45 What to do if you've been scammed
09:54 How banks detect and prevent scams
12:12 Future technology in banking security
#friendswithmoney #tomwatson #oliviamcardle #banking #scams
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Money Website
YouTube Podcast Playlist
Email Us: podcast@moneymag.com.au
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Hundreds of thousands of Australians lose money to scams each year, but there are simple steps everyone can take to better protect their money. On this episode of the Friends With Money podcast, Money’s Tom Watson is joined by Olivia McArdle, head of payments and deposits at Macquarie Bank, to discuss account safety and scams to watch out for. 01:48 Built-in security features in banking apps 03:39 Basic phone and computer security tips 05:32 Common financial scams to watch out for 07:45 What to do if you've been scammed 09:54 How banks detect and prevent scams 12:12 Future technology in banking security #friendswithmoney #tomwatson #oliviamcardle #banking #scams Podcast Links: Listen on Apple Podcasts Listen on Spotify Money Website YouTube Podcast Playlist Email Us: podcast@moneymag.com.au Get stories like this in our newsletter: bit.ly/3GDirbR