Online fraud stories
Survey: Security top concern for online banking in Singapore
Tue, 24th Sep 2024
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fintech
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ai
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cloud services
A new FIS survey reveals security is the top concern for online banking in Singapore, with 56% noting increased fraud attempts and millennials most affected.
Kaspersky uncovers Russian-led crypto & web3 fraud campaign
Thu, 22nd Aug 2024
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malware
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gaming
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cryptocurrency
Kaspersky has uncovered a sophisticated cyber fraud scheme, 'Tusk,' exploiting popular trends like web3 and AI to steal cryptocurrency and sensitive data.
GenAI tools amplify online fraud risks, report reveals
Wed, 31st Jul 2024
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genai
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ai
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collaboration
A new Transmit Security report reveals generative AI is fuelling a surge in dark web fraud, with accessible tools like FraudGPT boosting online scam capabilities.
Most Australians targeted by online scams, study reveals
Thu, 18th Jul 2024
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martech
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commerce systems
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email security
New research by PayPal shows a staggering 97% of Australians have been targeted by scammers, with 86% proactively helping others to stay safe online.
97% of Australians targeted by digital scams, says PayPal report
Tue, 16th Jul 2024
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martech
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commerce systems
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payment technologies
A PayPal study reveals 97% of Australians have faced online scam attempts, with most turning to millennials for tech safety support.
Netsafe warns of inadequate response to rising online fraud
Tue, 2nd Jul 2024
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edutech
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netsafe
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victim support
The Ministry of Justice's latest crime survey reveals a surge in online fraud, highlighting an urgent need for a coordinated multi-agency response, says Netsafe.
BforeAI launches PreCrime Guarantee offering tenfold reimbursements
Thu, 30th May 2024
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risk & compliance
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ai
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ai models
Cybersecurity firm BforeAI launches PreCrime Guarantee, pledging up to ten times reimbursement of service contracts if their AI fails to prevent a cyberattack.
Bitdefender launches AI scam detector Scamio on WhatsApp in Australia
Mon, 27th May 2024
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advanced persistent threat protection
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llms
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ai
Bitdefender has unveiled Scamio on WhatsApp in Australia, offering an AI-powered tool to tackle online fraud, responding to a high occurrence of scams.
There’s a whole new wave of investment scams – and they feature people you might know
Thu, 23rd May 2024
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email security
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ai
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cybersecurity
AI-generated deepfakes are fuelling a new era of investment scams, featuring familiar faces to deceive us. Here's how to spot and avoid these high-tech traps.
Rising prepaid card use in UK amid living cost crisis
Fri, 17th May 2024
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online fraud
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women
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financial management
Nearly half of young adults in London are using Prepaid cards to manage finances and avoid debt amid cost of living crisis.
Australians show interest in using AI for online dating
Fri, 26th Apr 2024
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email security
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ai
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tinder
Over 50% of Australian online daters show interest in using AI to enhance their dating experience and avoid scams, according to a Norton survey.
Fastly introduces Bot Management to combat online fraud
Wed, 3rd Apr 2024
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application security
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breach prevention
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cybersecurity
Fastly has launched its Bot Management system, a cybersecurity advancement aimed at thwarting bot-triggered online fraud and abuses.
Visa's digital payment service uplifts Asia's economy, cuts fraud by 58%
Fri, 29th Mar 2024
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martech
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commerce systems
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payment technologies
Visa's digital economy and anti-fraud efforts in Asia Pacific are making strides. Over USD $2bn in transactions were processed through its Token Service, and merchants reported a 58% decrease in fraud.
One Consortium launched to combat global communications fraud
Tue, 19th Mar 2024
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online fraud
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gsma
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bics
The i3Forum introduces the One Consortium, a global non-profit initiative aimed at restoring public confidence in communications, following a surge in illegal calls and messages.
Zally to transform cybersecurity with behavioural biometrics
Wed, 20th Dec 2023
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online safety
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passwords
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online fraud
Manchester authentication startup Zally is aiming to revolutionise cybersecurity with progressive behavioural biometrics technology.
Case Study: How Sportsbet revolutionised fraud prevention with Accertify
Fri, 15th Dec 2023
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cx
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martech
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online fraud
Sportsbet reduced fraud loss by over 80% and decreased chargebacks over 82% by collaborating with Accertify, revolutionising fraud prevention in the online wagering industry.
Festive online shopping security a rising concern for consumers
Wed, 6th Dec 2023
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mfa
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cloud services
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online fraud
Australian consumers are increasingly concerned about online shopping security, especially amid the festive season, reveals recent survey.
Australians would prefer tax stress over dealing with scam messages
Thu, 16th Nov 2023
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digital entertainment
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casb
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ai
Over half of Australians would choose the stress of tax filings rather than dealing with scam messages, a McAfee study reveals.
Third-party solutions herald new era in online fraud prevention
Sat, 14th Oct 2023
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cx
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martech
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commerce systems
Rise in online fraud prompts Payment Service Providers to seek innovative third-party solutions for prevention.
1 in 3 UK customers wary of AI-generated ads: Menlo Security
Fri, 16th Jun 2023
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malware
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cloud security
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ai
One in Three UK consumers believes that over half of online ads are now AI generated but are unaware of how risky they are to click on.