Reimbursing small-scale scam victims

Last year Australians lost more than $2 billion to scams, and while the number of victims has fallen, the total combined losses has risen.The federal government has announced its plans to claw back some of that money, introducing an automatic reimbursement scheme for scam victims with verified losses up to $3,000.So could this help stop cyber criminals from taking off with your hard-earned cash?