Fraud stories
Australian retailers are facing a surge in returns fraud amid economic hardship. Loop reports 60% of retailers affected.
A PayPal study reveals 97% of Australians have faced online scam attempts, with most turning to millennials for tech safety support.
ANZ Plus partners with ConnectID to launch a Digital Identity service, simplifying and securing identity verification for customers, enhancing data privacy and reducing fraud.
As mid-size businesses gear up for digital transformation, prioritising the finance function may offer the most strategic opportunities for immediate gains.
Trend Micro has enhanced its platform to tackle AI-based deepfake fraud, addressing rising security threats as criminals increasingly adopt AI technology.
Outpayce and Etraveli Group have joined forces to tackle travel fraud, integrating Etraveli's advanced Precision risk management into Outpayce's payment platform.
A new report reveals 81% of APAC businesses view cross-sector collaboration as crucial against fraud, but competitive desires impede wider participation.
Appdome has bolstered its Geo-Fraud Detection service with Geo-Location Fencing and Geo Desync Attack Detection to better protect mobile apps from location-based fraud.
As eCommerce surges towards a projected USD $9.3 trillion by 2027, merchants and payment providers must enhance security and convenience to reduce cart abandonment.
Enzoic has launched a global partner programme designed to help businesses tackle rising cyber threats, including compromised credentials and payment card fraud.
Akamai's State of the Internet report reveals 42% of web traffic is bot-driven, with 65% being malicious, posing severe risks to the eCommerce sector.
Kaspersky reports a 53% rise in cybercriminal activity on Telegram between May and June 2024, highlighting the platform's growing appeal for fraud, DDoS attacks, and data leaks.
Survey reveals a dramatic rise in consumer demand for mobile app security, fraud prevention, and privacy measures, with 99.5% of users seeking robust protections.
BioCatch's latest report reveals a dramatic shift in the APAC fraud landscape, with 70% of scams now stemming from mobile apps, highlighting new vulnerabilities.
APAC's ad market is set to grow 8.5% to USD $289 billion in 2024, amid rising AI-driven ad fraud and evolving media quality trends.
Cybersecurity firm Panaseer forecasts that SEC reports may see up to 2,600 mentions of NIST in 2024, a significant increase driven by new SEC rules enforcing detailed cybersecurity disclosures.
A report from reveals critical API security flaws plaguing the US financial sector, with 82% of institutions concerned about regulatory compliance.
The Labour Party's landslide victory heralds a seismic shift in UK politics, with significant implications for the tech industry and digital transformation.
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.
Group-IB aided a tri-nation police operation that dismantled a cyber fraud syndicate, linking it to over 1,899 cases in Singapore and losses exceeding USD $25 million.