SecurityBrief Asia - Technology news for CISOs & cybersecurity decision-makers

Fraud stories - Page 2

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Sift sheds light on fraud in the eCommerce sector
Mon 4 Apr 2022
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bi
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big data
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data analytics
The pandemic has driven record levels of online shopping. Although retailers of all sizes are suffering increasing levels of fraud.
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ANZ apps incur $72m in losses due to mobile ad fraud
Fri 1 Apr 2022
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finance, leasing & rental
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cybersecurity
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apps
The rapid digital transformation in the financial industry has encouraged more fraudsters to tap into finance applications.
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CryptoRom Bitcoin swindlers – what to look out for
Thu 31 Mar 2022
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firewall
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network management
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network security
Since the pandemic began, there has been a concerning surge in crypto and investment related scams in Australia, in particular, a spike in dating and romance scams.
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The generation gap: Protecting our kaumātua online
Wed 30 Mar 2022
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cybersecurity
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wireless networks
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fraud
In New Zealand, it was revealed that those aged between 55-64 and over 65 primarily use their desktop computer or laptop to go online, making them more at risk to cyber threats.
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Mobile fraud on the rise as online transactions increase
Tue 29 Mar 2022
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mobility
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cyber criminal
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fraud
"In a global digital economy, borders are no longer boundaries for cyber criminals. It is more apparent than ever that fraud goes beyond single industries."
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Significant shift to mobile fraud - LexisNexis Risk Solutions report
Mon 28 Mar 2022
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smartphones
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cybersecurity
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technology gifts
There has been a significant shift to mobile fraud over the last four years, with mobile traffic representing 75% of all traffic.
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Fake donation pages promising help to Ukraine appear on Darknet
Mon 21 Mar 2022
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dark web
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dark net
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fraud
Fraudulent donation pages promising aid to the Ukraine are appearing on the Darknet, according to Check Point Software.
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When implementing eCommerce cryptocurrency payments, think safety first
Fri 11 Mar 2022
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pos
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cryptocurrency
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blockchain
More and more, consumers are looking for tangible utilisation of crypto in their everyday lives, and eCommerce companies are seeing this as an opportunity for new growth.
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Silent Eight raises $40m in Series B round to aid development strategy
Fri 11 Mar 2022
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finance, leasing & rental
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cybersecurity
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fraud
Financial crime platform Silent Eight has raised $40m in Series B round funding, which will be used to cater to the needs of its expanding customer base.
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Mobile payments are booming and fraudsters have noticed
Wed 9 Mar 2022
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smartphones
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commerce systems
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payment gateways
While payment security is generally regarded as safer on mobiles than on desktops, fraudsters are now using an array of techniques to successfully target mobile customers – but they can be stopped.
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The fintech fraud epidemic: Banks aren’t getting worse, fraudsters are just getting better
Fri 4 Mar 2022
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fintech
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cybersecurity
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commerce systems
Fintech fraud is growing rapidly. As society becomes increasingly reliant on technology, the unfortunate truth of the matter is it also becomes more vulnerable to cybercrime.
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Not enough businesses have authentication protection - Microsoft
Fri 11 Feb 2022
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microsoft
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cybersecurity
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fraud
When it comes to our world online, protecting and defending our most valuable digital asset - our identity - is vital.
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Allure Security raises $6.8 million seed round in fight against digital fraud
Fri 11 Feb 2022
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cybersecurity
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fraud
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funding
Allure Security has raised a $6.8 million seed round as the company progresses in a $76 billion battle against digital fraud.
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The wild west of cryptocurrency fraud & How Kiwis are getting stung
Fri 11 Feb 2022
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blockchain
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cryptocurrency
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cybersecurity
Cryptopia went from launch to managing funds for 1.4 million investors to a significant data breach and its inevitable death - all in just five years.
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Southeast Asia sees growing demand for better electronic finance solutions
Tue 8 Feb 2022
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passwords
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mobile wallet
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kaspersky
More than three in five respondents in SEA were found to want OTP via SMS in every e-payment transaction, and 57% want to see the implementation of two-factor authentication.
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To click or not to click: What F-Secure learned from phishing 80,000 people
Fri 28 Jan 2022
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devops
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phishing
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cybersecurity
According to a new study from F-Secure, phishing emails mimicking HR announcements or asking for assistance with invoicing get the most clicks from recipients. 
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6 significant changes to online fraud we saw in 2021
Tue 4 Jan 2022
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malware
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ransomware
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saas
After a busy year in the cybersecurity and online fraud prevention space, the co-founders of SEON Fraud Prevention weigh in on the top trends that changed fraud in 2021.
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How to ensure your business isn't scammed this Christmas
Tue 14 Dec 2021
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saas
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cybersecurity
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scams
Increased activity this festive season can result in opportunities for fraud as people are distracted and busier than usual, leaving them less time to review all transactions carefully.
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Forter strengthens eCommerce security with Trusted Identities
Tue 14 Dec 2021
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fraud
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consumer
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identity solutions
Trusted Identities protects against account takeovers that exploit consumer credentials and prevents fraudsters from abusing systems and policies by creating multiple accounts, the company states.
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New Mastercard research focuses on safer shopping and spending habits
Thu 9 Dec 2021
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pos
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commerce systems
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payment gateways
According to new research initiated by Mastercard, with the country slowly starting to open up, NZ consumers are starting to spend less money at home on items and more on experiences.
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Visa saves Kiwi businesses $88 million with AI-powered security
Fri 26 Nov 2021
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pos
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ai
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blockchain
"We are investing more heavily than ever in technology that ensures a safe and secure marketplace - combatting fraud while enabling seamless, genuine transactions."
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It's Fraud Awareness Week: How you can steer clear of scams and fraud
Fri 19 Nov 2021
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cybersecurity
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mbie
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netsafe
"If you control the amount of information you release, you can reduce the chance of someone stealing your identity.”
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Are banks, social media and telcos to blame for scam explosion?
Mon 27 Sep 2021
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cybersecurity
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scams
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telecommunications
Consumers think banks, retailers and mobile operators need to do more to protect them and their personal information from fraudsters.
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FiVerity launches 'revolutionary' Cyber Fraud Network
Fri 27 Aug 2021
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cybersecurity
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fraud
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financial institutions
"FiVerity's Cyber Fraud Network was created to solve problems and give financial institutions the tools they need to share information without violating their customers' privacy.”
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