Online fraud stories - Page 2

Research shows UK small and medium-sized businesses lost nearly GBP £11,000 each to online fraud in 2024, raising survival concerns among leaders.

AI-driven fraud threatens to undermine Black Friday and Cyber Monday shopping, with UK scams costing victims over GBP £11.5 million last year.

As the festive shopping season approaches, researchers have identified nearly 80,000 counterfeit websites, endangering online shoppers seeking deals.

As Black Friday and Cyber Monday approach, experts warn shoppers to be vigilant against rising cyber threats like malvertising and online fraud.

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 has uncovered a sophisticated cyber fraud scheme, 'Tusk,' exploiting popular trends like web3 and AI to steal cryptocurrency and sensitive data.

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.

New research by PayPal shows a staggering 97% of Australians have been targeted by scammers, with 86% proactively helping others to stay safe online.

A PayPal study reveals 97% of Australians have faced online scam attempts, with most turning to millennials for tech safety 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.

Cybersecurity firm BforeAI launches PreCrime Guarantee, pledging up to ten times reimbursement of service contracts if their AI fails to prevent a cyberattack.

Bitdefender has unveiled Scamio on WhatsApp in Australia, offering an AI-powered tool to tackle online fraud, responding to a high occurrence of scams.

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.

Nearly half of young adults in London are using Prepaid cards to manage finances and avoid debt amid cost of living crisis.

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 has launched its Bot Management system, a cybersecurity advancement aimed at thwarting bot-triggered online fraud and abuses.

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.

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.

Manchester authentication startup Zally is aiming to revolutionise cybersecurity with progressive behavioural biometrics technology.

Sportsbet reduced fraud loss by over 80% and decreased chargebacks over 82% by collaborating with Accertify, revolutionising fraud prevention in the online wagering industry.