Westpac hi tech control centre chasing cyberhackers and scamsters

One of Australia's biggest banks is warning of spike in scams and cyber-attacks in the leadup to Christmas.

Westpac is reinforcing it's cyber defences after seeing a 17 percent surge in fraud-related crime during the Black Friday sales.

It wants the federal government to turn up the heat on social media platorms to pull down fake advertisements designed to trick consumers into dodgy investment schemes.

Here's my report on the ABC's AM program