Consumer NZ is calling on banks to refund people targeted by scams.
The watchdog launched a petition and campaign urging the Government and other agencies to better reduce harm for scam victims.
Campaign manager Jessica Walker says Governments in places like the UK, Australia, and Singapore have made moves to protect people.
"So what we're asking our Government is just to do the same - to offer New Zealanders the same protection so we are no longer at the mercy of these cyber criminals."
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