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Cost of fraud averaging 3.4 times lost transaction value - study
Online fraud

Cost of fraud averaging 3.4 times lost transaction value - study

The LexisNexis study found that there was an average of almost 400 successful monthly fraudulent transactions in the South East Asia region.

By Staff Writer • 3 min read • Mon, 21st Oct 2019
ThetaRay offering uses AI against financial cybercrime
DevOps

ThetaRay offering uses AI against financial cybercrime

ThetaRay unveils Version 4.0 of its advanced AI analytics platform, enhancing global banks' abilities to detect and prevent sophisticated financial cybercrime.

By Staff Writer • 2 min read • Wed, 24th Jul 2019
Rapid increase in AI to detect fraud
Artificial Intelligence

Rapid increase in AI to detect fraud

Artificial intelligence for fraud detection set to triple by 2021 as adoption of technology in organisations increases rapidly - ACFE/SAS study.

By Shannon Williams • 2 min read • Tue, 9th Jul 2019
How YouAppi aims to enable effective detection of fraudulent traffic
Online fraud

How YouAppi aims to enable effective detection of fraudulent traffic

YouAppi aims to allow brands to make real-time adjustments and optimise marketing efforts in order to reach customers at any point in the funnel.

By Staff Writer • 2 min read • Tue, 9th Jul 2019
Domain fraud rampant as criminals cash in
Marketing Technologies

Domain fraud rampant as criminals cash in

Cybercriminals are cashing in on domain fraud for almost every possible reason – to impersonate businesses, events, and even trusted leaders and celebrities.

By Sara Barker • 3 min read • Wed, 26th Jun 2019
AI for fraud detection to triple by 2021 - ACFE
Artificial Intelligence

AI for fraud detection to triple by 2021 - ACFE

While only 13% of organisations use AI and machine learning to detect and deter fraud, another 25% plan to adopt such technologies in the next year or two.

By Staff Writer • 2 min read • Wed, 26th Jun 2019
Meeting the card payment industry's compliance requirements - Kemp
Distributed Denial of Service

Meeting the card payment industry's compliance requirements - Kemp

eCommerce fraud boom leads to a surge in CNP crime, spotlighting vital PCI-DSS compliance and advanced security tech.

By Jason Dover • 4 min read • Tue, 18th Jun 2019
Top three ways to improve financial compliance for your business
Risk & Compliance

Top three ways to improve financial compliance for your business

Financial compliance remains a weak point for businesses, with internal control weaknesses and employees being the main culprits, according to SAP Concur.

By Catherine Knowles • 3 min read • Wed, 5th Jun 2019
How finance leaders can drive growth and avoid risk
Data Analytics

How finance leaders can drive growth and avoid risk

Finance leaders must embrace new technologies and combat fraud to drive growth and mitigate risks, says SAP Concur.

By Staff Writer • 3 min read • Tue, 7th May 2019
Nuance biometrics fight back against fraud
Unified Communications

Nuance biometrics fight back against fraud

Nuance Communications claims its biometric technology has thwarted over USD $1 billion in fraud, as fraud attacks via contact centres rise sharply.

By Sara Barker • 3 min read • Mon, 25th Mar 2019
The three new fronts in the fight against fraud
Fintech

The three new fronts in the fight against fraud

Along with greater speed comes new fronts in the fight against fraud. Here are three trends to watch as financial institutions balance speed and security.

By Andrew Davies • 5 min read • Mon, 25th Feb 2019
OneSpan uses AI to tackle financial account fraud
Fintech

OneSpan uses AI to tackle financial account fraud

Its new solution uses machine learning to protect online and mobile channels, as well as meet compliance requirements for transactional risk analysis.

By Ben Moore • 2 min read • Wed, 13th Feb 2019
Huawei continues to plead innocent despite serious criminal charges
Huawei

Huawei continues to plead innocent despite serious criminal charges

Huawei faces 13-count indictment in the US, including bank fraud, wire fraud, and conspiracy charges. CFO Meng also indicted.

By Jacques-Pierre (JP) Dumas • 3 min read • Wed, 30th Jan 2019
2019 threat landscape predictions - Proofpoint
Malware

2019 threat landscape predictions - Proofpoint

Proofpoint researchers have looked ahead at the trends and events likely to shape the threat landscape in the year to come.

By Staff Writer • 6 min read • Tue, 18th Dec 2018
Protecting organisations against internal fraud
SAP

Protecting organisations against internal fraud

Most companies tend to take a basic approach that focuses on numbers and compliance, without much room for grey areas or negotiation.

By Staff Writer • 3 min read • Tue, 11th Dec 2018
Microsoft comments on recent tech support scam crackdowns
Unified Communications

Microsoft comments on recent tech support scam crackdowns

Despite the crackdowns, Microsoft warns that these scams persist and target everyone, no matter their age or location.

By Sara Barker • 3 min read • Fri, 30th Nov 2018

Stories from Other Regions

$33 million lost to scams & fraud: Netsafe says NZ isn't doing enough to stop it
Email Security

$33 million lost to scams & fraud: Netsafe says NZ isn't doing enough to stop it

Phone and online scams are costing New Zealanders $33 million, causing both financial and psychological harm, according to Netsafe.

By Sara Barker • 3 min read • Wed, 3rd Apr 2019
CERT NZ: Email extortion & scams hit Kiwis hard in the pocket
Malware

CERT NZ: Email extortion & scams hit Kiwis hard in the pocket

Despite ongoing efforts to raise awareness about online scams and fraud, New Zealanders are still losing staggering amounts of money.

By Sara Barker • 3 min read • Tue, 12th Mar 2019