Fraud stories - Page 5

The rapid digital transformation in the financial industry has encouraged more fraudsters to tap into finance applications.

Surge in crypto scams and investment frauds in Australia, particularly dating scams, raises concerns as ASIC reports doubling of financial scams in 2021.

New Zealand's elderly population is at risk of cyber threats due to a lack of online safety knowledge and support systems, says Age Concern NZ.

Mobile traffic has accounted for 75% of all traffic, a four-year increase, according to the latest Cybercrime Report by LexisNexis Risk Solutions.

There has been a significant shift to mobile fraud over the last four years, with mobile traffic representing 75% of all traffic.

Fraudulent donation pages promising aid to the Ukraine are appearing on the Darknet, according to Check Point Software.

One in four businesses plan to accept cryptocurrency in 2022, but it comes with risks. Sift offers solutions to ensure secure transactions.

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.

Mobile payment fraud is on the rise as fraudsters target mobile customers. Advanced fraud solutions can help prevent these attacks.

Fintech fraud is on the rise, exacerbated by the global pandemic. Traditional fraud prevention methods are no longer effective.

When it comes to our world online, protecting and defending our most valuable digital asset - our identity - is vital.

Allure Security has raised a $6.8 million seed round as the company progresses in a $76 billion battle against digital fraud.

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.

Banks and consumers in Southeast Asia are increasingly adopting one-time passwords for online transactions, according to new research by Kaspersky.

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.

SEON Fraud Prevention co-founders discuss the top trends that changed fraud in 2021, including the rise of Ransomware as a Service and easier online fraud.

Australian and New Zealand businesses face increased risk of fraud this festive season due to distractions and increased activity, warns SAP Concur.

Forter launches Trusted Identities to simplify online account authentication and protect against fraudsters. (109 characters).

NZ consumers shift towards spending on experiences after lockdown, with the average Kiwi saving $3,000, says Mastercard research.

Visa's AI solution has prevented $88m in fraud for New Zealand businesses in the past year, according to the company.

Netsafe reports 86% rise in identity fraud and 37% increase in investment fraud in New Zealand, sparking concern over online safety.

Consumers think banks, retailers and mobile operators need to do more to protect them and their personal information from fraudsters.

FiVerity launches industry-first Cyber Fraud Network to combat cyber tactics and fraudulent theft in financial institutions.

A new study by LexisNexis Risk Solutions suggests that the cost of fraud in Asia Pacific tops almost US$4 for every transaction made.