Financial scam stories
Online dating scams have caught 25% of Kiwi adults
Fri, 17th Feb 2023
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nz
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norton
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online dating
The report performed by Norton investigated adults ages 18 and older about online dating, associated scams, and attitudes about online stalking.
Lookout finds predatory behaviour on 300 loan apps
Thu, 1st Dec 2022
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application security
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loan platfom
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exploits
Lookout has discovered almost 300 loan apps that exhibit predatory behaviour, such as exfiltrating excessive user data from mobile devices and harassing borrowers for repayment.
Asia’s data privacy landscape is ‘coming of age’ – how can businesses cope?
Wed, 14th Sep 2022
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cybersecurity
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breach prevention
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online fraud
Identity theft and online fraud are becoming more prevalent than ever. A recent IBM study revealed that stolen or compromised credentials were responsible for 19% of data breaches this year.
Financial malware activity dropped in 2020 as creators honed their wares
Tue, 6th Apr 2021
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malware
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cloud banking solutions
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kaspersky
Cybercriminals used the time to plan more malicious propagation techniques, both new and evolved from previous methods.
CERT NZ: Kiwis lose $7.8m to cyber attacks; incident reports soar
Thu, 27th Aug 2020
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phishing
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cybersecurity
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email security
“The increase on reporting and reduction in financial loss could mean that New Zealanders are developing a heightened awareness of cybersecurity threats as we’ve become more dependent on digital services.”
Digital heists: Attacks on financial institutions rise 238% in 3 months
Mon, 18th May 2020
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malware
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virtualisation
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ddos
The pandemic has created a perfect storm for financial cybercrime, with attackers taking advantage of every opportunity they get to target financial institutions.
GBG rolls out anti-fraud solutions to protect against financial crime
Mon, 3rd Feb 2020
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compliance
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fraud
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financial scam
“To aid in that fight, GBG offers a layered digital fraud and compliance solution which unifies data across vertical silos to improve financial crime detection accuracy across the customer journey."
Aged between 35-44? You're a prime target for scammers
Wed, 28th Aug 2019
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cybersecurity
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scams
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bnz
It’s a common thought that the elderly are most likely to get scammed, but BNZ says it’s also busy parents who are finding themselves on the receiving end too.
430,000 people hit with financial malware
Mon, 5th Aug 2019
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malware
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kaspersky
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trojan
Financial malware, that is malware that targets finances, cryptocurrencies and web-money services, has increased by 7% from the same period last year, according to new research from Kaspersky.
IRD shuts down fraudulent direct debit scam
Mon, 10th Jun 2019
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ai
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cybersecurity
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inland revenue
“We’re working with the police and banks to investigate further and anyone who has been left out of pocket will be reimbursed."
New report uncovers US$1.7b cryptocurrency cybercrime market
Thu, 31st Jan 2019
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cryptocurrency
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blockchain
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cybersecurity
There was a staggering rise in criminal activity within the cryptocurrency market last year, despite the decline in the market.
Transport in NSW: do easier 'tap ons' make for compromised security?
Fri, 25th May 2018
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transport for nsw
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fraud
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transport
Commuters will now be able to 'tap on' with credit cards or digital wallets, but they might be opening themselves up to security threats in doing so.
AI-DAY: Using artificial intelligence to scam the scammers
Fri, 6th Apr 2018
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ai
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ml
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cybersecurity
“40% of New Zealand parents don’t think they can keep themselves safe online.”