Cyber fraud Stories - Page 3

Global Stories

Cyber fraud stories

Real people, real numbers: Why phone verification is your new trust filter

Phone numbers are becoming the new trust filter, helping businesses block fraud, cut wasted messages and secure real, reachable customers.

By Edmund Ng • 4 min read • Wed, 10th Dec 2025

The new face of cyber fraud: Why retailers must stop turning a blind eye

Cyber fraud in Australia targets international students via gift card scams, with retailers often failing to intervene during purchases worth hundreds or thousands.

By Mellissah Smith • 6 min read • Sat, 22nd Nov 2025

Marketing Technologies

Riskified urges fraud vigilance as holiday eCommerce surges

Riskified urges shoppers and merchants to stay vigilant against rising AI-driven eCommerce fraud as holiday online sales may hit USD $311 billion in 2025.

By Sean Mitchell • 3 min read • Wed, 19th Nov 2025

Multi-factor authentication

Cyber fraud risks rise as focus shifts to obsolete technology

Fraud risks rise as firms overlook obsolete tech; underinvestment in end-of-life IT assets could cost USD $27.1m per breach, warns Iron Mountain's Asia Pacific GM.

By Kaleah Salmon • 5 min read • Mon, 17th Nov 2025

Mobile Device Management

Norton extends AI scam protection to all users with new features

Norton has launched its AI-powered Scam Protection globally for all Norton 360 and mobile users, enhancing defence against scams at no extra cost.

By Sean Mitchell • 3 min read • Tue, 4th Nov 2025

Crypto

Russia, US & Brazil pose highest risks for wealthy crypto holders

Russia, the US and Brazil top the Executive Crypto Threat Index as the riskiest countries for wealthy cryptocurrency holders in 2025, while Japan and Singapore are safest.

By Shannon Williams • 4 min read • Fri, 17th Oct 2025

Ransomware

Boards underestimate cyber incident impacts, risking USD $2.7m losses

Corporate boards often underestimate cyber incident impacts, facing ransomware losses averaging USD $2.7 million with downtime lasting 24 days, warns Willis report.

By Shannon Williams • 4 min read • Wed, 15th Oct 2025

Digital Transformation

APAC firms to boost threat intelligence spend, embrace AI by 2026

By 2026, 79% of Asia Pacific firms plan to boost threat intelligence spending and adopt AI to tackle rising cyber threats and regulatory demands.

By Shannon Williams • 4 min read • Wed, 15th Oct 2025

Software-as-a-Service

Phishing-as-a-Service drives surge in cybercrime for 2025

Phishing-as-a-Service, powering 60-70% of attacks, is lowering barriers in cybercrime, letting novices launch large-scale scams in 2025.

By Melvin Hipolito • 5 min read • Fri, 13th Jun 2025

Cloud Security

Hazy Hawk exploits abandoned cloud DNS for global scams surge

Cybersecurity firm Infoblox warns of Hazy Hawk, a threat actor hijacking DNS records from abandoned cloud resources to spread scams and malware worldwide.

By Shannon Williams • 4 min read • Thu, 22nd May 2025

Malware

Cloudflare, Microsoft & police disrupt global malware service

Cloudflare and Microsoft, with global law enforcement, have disrupted LummaC2, a major malware service stealing data worldwide and used for cybercrime.

By Sean Mitchell • 4 min read • Thu, 22nd May 2025

Physical Security

Emerging multimedia Bitcoin scams use deceptive MMS videos

A study by Proofpoint reveals a rise in Bitcoin scams utilising video attachments in multimedia messages, evolving from static images to deceive victims.

By Melania Watson • 3 min read • Tue, 25th Feb 2025

Phishing

Kaspersky warns of surge in Chinese New Year scams

As Chinese New Year 2025 approaches, Kaspersky warns of a rise in fraudulent websites exploiting the festive spirit, enticing consumers with fake deals.

By Shannon Williams • 2 min read • Fri, 31st Jan 2025

EduTech

PayPal warns Aussies of risky shopping ahead of sales

PayPal's latest research reveals a 9% rise in risky shopping habits among Australians ahead of Boxing Day, raising alarm over potential scams.

By Catherine Knowles • 3 min read • Thu, 26th Dec 2024

Endpoint Protection

Businesses face $2.58 million in losses per hour from bots

Cequence warns businesses could face average losses of USD $2.58 million per hour this December due to surging malicious bot traffic and fraud.

By Catherine Knowles • 2 min read • Fri, 20th Dec 2024

Gaming

Bureau raises USD $30m Series B amid soaring fraud costs

Bureau has raised USD $30 million in a Series B funding round, aiming to tackle the global fraud crisis, which costs USD $486 billion each year.

By Sean Mitchell • 3 min read • Thu, 19th Dec 2024

Stories from Other Regions

Cyber fraud stories

Multi-factor authentication

Festive-season cyber fraud surges as shoppers seek discounts

Festive-season cyber fraud is surging across India, with Karnataka alone reporting losses above INR ₹2,000 crores, experts warn.

By Catherine Knowles • 5 min read • Thu, 11th Dec 2025

Ransomware

Australian retailers face holiday surge in cyber scams & threats

Australian retailers brace for a spike in cyber scams and sophisticated attacks exploiting the busy holiday shopping season, warns cybersecurity experts.

By Kaleah Salmon • 4 min read • Fri, 28th Nov 2025

Physical Security

Digital identity urged as cyber fraud rocks Australian real estate

Cyber scams and payment fraud are surging in Australian real estate, prompting experts to push for digital identity solutions to boost security and cut risks.

By Melvin Hipolito • 5 min read • Fri, 27th Jun 2025