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Fraud Stories - Page 7

Australian Stories

Fraud stories

Fraud, friction, and the future: Prioritising trust in a high-stakes market
Data Protection

Fraud, friction, and the future: Prioritising trust in a high-stakes market

A major Australian financial institution lost A$23m from unauthorised transactions, prompting a nationwide push to prioritise trust and fraud prevention in 2024.

By Ljubiša Velikić • 5 min read • Thu, 10th Jul 2025
Cybercriminals industrialise attacks on hospitality sector, report finds
Ransomware

Cybercriminals industrialise attacks on hospitality sector, report finds

Cybercriminals increasingly target Australia's hospitality sector, exploiting digital gaps with sophisticated attacks and dark web services, Trustwave warns.

By Melania Watson • 4 min read • Thu, 22nd May 2025

Global Stories

Fraud stories

AI-driven cyber attacks surge as APAC risk leaders feel unprepared
Disaster Recovery

AI-driven cyber attacks surge as APAC risk leaders feel unprepared

APAC faces a 29% rise in AI-driven cyber attacks, with 98% of risk leaders feeling unprepared to tackle the surge in fraud and tech disruptions.

By Melvin Hipolito • 4 min read • Mon, 4th Aug 2025
Lab 1 report reveals unstructured data heightens breach risks
Data Protection

Lab 1 report reveals unstructured data heightens breach risks

Lab 1's report on 141 million breached files shows unstructured data, like financial and HR documents, greatly increase risks of fraud and cybercrime.

By Jed Nykolle Harme • 3 min read • Sat, 26th Jul 2025
Why human vigilance is now more critical than ever
Phishing

Why human vigilance is now more critical than ever

AI amplifies cyber threats, making human vigilance more vital than ever as companies face sophisticated phishing and deepfake attacks.

By Gareth Cox • 4 min read • Mon, 14th Jul 2025
Deepfake & AI crime surge poses major threat to business trust
Physical Security

Deepfake & AI crime surge poses major threat to business trust

Trend Micro warns that rising deepfake and AI crimes threaten business trust, with fraudsters using synthetic media to impersonate executives and bypass security.

By Catherine Knowles • 3 min read • Thu, 10th Jul 2025
Sumsub & Data Zoo partner to boost global fraud prevention
Fintech

Sumsub & Data Zoo partner to boost global fraud prevention

Sumsub and Data Zoo have partnered to deliver enhanced global fraud prevention and compliance solutions for financial institutions across 170+ jurisdictions.

By Catherine Knowles • 4 min read • Thu, 26th Jun 2025
SEON expands real-time AML suite with AI-driven risk platform
Fintech

SEON expands real-time AML suite with AI-driven risk platform

SEON launches AI-powered real-time AML suite, unifying fraud and compliance tools to enhance risk detection and streamline regulatory reporting.

By Catherine Knowles • 4 min read • Fri, 13th Jun 2025
Akamai launches DNS solution for unified, multicloud security
Firewalls

Akamai launches DNS solution for unified, multicloud security

Akamai launches DNS Posture Management, offering multicloud visibility and real-time monitoring to enhance DNS security and compliance across major providers.

By Catherine Knowles • 3 min read • Wed, 4th Jun 2025
SEON expands APAC team as demand for fraud tech solutions rises
Fintech

SEON expands APAC team as demand for fraud tech solutions rises

SEON expands its Asia-Pacific team in response to growing demand for advanced fraud prevention and anti-money laundering solutions across the region.

By Catherine Knowles • 3 min read • Fri, 30th May 2025
Australian digital video ads lead APAC in engagement, but risks remain
EduTech

Australian digital video ads lead APAC in engagement, but risks remain

Australia leads APAC with top digital video ad engagement but faces rising ad fraud and brand safety risks, says Integral Ad Science report.

By Catherine Knowles • 4 min read • Wed, 28th May 2025
SEO poisoning attack diverts wages using fake payroll websites
Firewalls

SEO poisoning attack diverts wages using fake payroll websites

Cyberattackers used SEO poisoning to mimic a payroll portal, stealing employee wages via mobile devices in a widespread manufacturing sector fraud uncovered by ReliaQuest.

By Catherine Knowles • 5 min read • Thu, 22nd May 2025
Scattered Spider hackers shift focus from UK to US retailers
Ransomware

Scattered Spider hackers shift focus from UK to US retailers

Cybercriminal group Scattered Spider, known for targeting UK retailers, has shifted focus to major US retailers, raising fresh cybersecurity concerns.

By Jed Nykolle Harme • 3 min read • Fri, 16th May 2025
EU urges social media ad checks to tackle €4.3bn scam crisis
Social Media

EU urges social media ad checks to tackle €4.3bn scam crisis

EU member states urge social media firms to verify advertisers to curb a EUR €4.3bn investment scam crisis sweeping across Europe.

By Kaleah Salmon • 3 min read • Thu, 15th May 2025
Survey finds trust, safety & security key for CX in 2025
Digital Transformation

Survey finds trust, safety & security key for CX in 2025

A global survey reveals enterprises plan to boost investment in trust, safety and security for customer experience amid rising compliance and fraud challenges.

By Shannon Williams • 4 min read • Mon, 5th May 2025

Stories from Other Regions

Fraud stories

UK fintech hiring to surge 32% in 2025 amid compliance demand
Risk & Compliance

UK fintech hiring to surge 32% in 2025 amid compliance demand

UK fintech hiring is set to surge 32% in 2025, driven by rising demand for compliance, cybersecurity, and engineering roles amid regulatory shifts.

By Catherine Knowles • 4 min read • Wed, 28th May 2025
Legal Aid Agency cyber-attack exposes data of applicants
Data Protection

Legal Aid Agency cyber-attack exposes data of applicants

The Legal Aid Agency faced a major cyber-attack exposing data of hundreds of thousands of applicants, raising serious concerns over sensitive personal information security.

By Sean Mitchell • 4 min read • Tue, 20th May 2025