Fraud stories - Page 6
FiVerity launches 'revolutionary' Cyber Fraud Network
Fri, 27th Aug 2021
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cybersecurity
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fraud
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financial institutions
FiVerity launches industry-first Cyber Fraud Network to combat cyber tactics and fraudulent theft in financial institutions.
Cost of fraud in Asia Pacific reaches almost $4 per transaction
Thu, 8th Jul 2021
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fraud
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identity
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digital transaction management
A new study by LexisNexis Risk Solutions suggests that the cost of fraud in Asia Pacific tops almost US$4 for every transaction made.
Online payment fraud losses to exceed $206 billion, driven by identity theft
Tue, 6th Jul 2021
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physical security
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fraud
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identity theft
Online payment fraud losses are set to exceed $206 billion over the next five years, driven by identity fraud, according to Juniper Research.
Ping Identity acquires bot detection firm SecuredTouch
Thu, 24th Jun 2021
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cybersecurity
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ping identity
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fraud
Ping Identity has acquired fraud and bot detection firm SecuredTouch, combining fraud and identity security capabilities. The deal's terms were not disclosed.
Scams number one online crime
Fri, 11th Jun 2021
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email security
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cybersecurity
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online fraud
Scams make up 56% of all online fraud attacks, according to new research from cyber intelligence company Group-IB.
Cyber security breach reports rise 25%
Thu, 3rd Jun 2021
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data protection
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cybersecurity
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fraud
The number of cyber security incidents reported in this country has risen 25 percent since the same time last year.
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Number porting fraud prompts extra measure from telcos
Thu, 3rd Jun 2021
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data protection
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telco
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fraud
Telcos have banded together in an attempt to stamp out a relatively uncommon but potentially devastating type of fraud.
Forter doubles revenue in 12 months, raising $300 million for a $3 billion valuation
Fri, 28th May 2021
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commerce systems
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martech
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payment gateways
Forter, the eCommerce fraud prevention company, has raised $300m in funding, doubling its revenue and reaching a $3bn valuation.
Webinar: Managing fraud risk with a culture of compliance
Fri, 14th May 2021
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compliance
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sap
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fraud
Organisations are vulnerable to fraud and compliance risks that could deal significant damage if they are not properly protected and managed.
Is fraud prevention costing eCommerce more than fraud itself?
Wed, 12th May 2021
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martech
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commerce systems
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fraud
By investing in advanced tools that access huge datasets, merchants get a better picture of what ‘good’ customers look like, meaning fewer are declined.
New research reveals customer behaviour around fraud risks
Tue, 4th May 2021
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cybersecurity
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email security
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fraud
Most attempts by organisations to educate customers about fraud are ineffective, says new research from Callsign.
Video: 10 Minute IT Jams - Who is GBG?
Wed, 24th Feb 2021
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compliance
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fraud
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risk intelligence & compliance
GBG regional general manager for ANZ, Carol Chris, discusses the key products and challenges faced by customers in the APAC region. #TechDay.
Financial account takeovers on the rise - Kaspersky
Tue, 9th Feb 2021
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cybersecurity
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fraud
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kaspersky
Account takeovers accounted for every second fraudulent transaction in the finance industry in 2020, according to Kaspersky.
Kaspersky identifies new banking malware targeting mobile users
Wed, 11th Nov 2020
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malware
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cybersecurity
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threat intelligence
Kaspersky discovers new banking malware that targets mobile users worldwide, with a particular focus on Brazil.
Digital payments fuelling fraud surge during COVID-19 crisis
Tue, 27th Oct 2020
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open source
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cybersecurity
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covid-19
Digital payments are driving a multibillion-dollar fraud surge worldwide, fueled by the rapid adoption of mobile apps and online channels during the pandemic.
Financial institutions in APAC region to invest millions in fraud prevention
Fri, 16th Oct 2020
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fraud
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financial institutions
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gbg
APAC FIs projected to spend millions on fraud prevention solutions, with Thailand, China, and Indonesia leading the way, according to a GBG report.
Romanian nationals jailed for card skimming
Fri, 9th Oct 2020
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credit card fraud
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fraud
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customs
The equipment was used to obtain credit card details of more than 122 New Zealanders, and to steal approximately $75,380 from many of them.
COVID-19 creates 'perfect storm' for business fraud in NZ
Thu, 8th Oct 2020
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kpmg
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fraud
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covid-19
COVID-19 creates perfect storm for business fraud in New Zealand, with cases of embezzlement and Ponzi schemes on the rise.
AFP arrests two men with ties to Australian SMS phishing scheme
Tue, 29th Sep 2020
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email security
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phishing
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cybersecurity
Two men have been arrested for their roles in an SMS phishing scheme that conned Australians out of money and identities.
Global attack volume down, but fraud and cyber threats still going strong
Fri, 18th Sep 2020
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advanced persistent threat protection
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cyber threats
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fraud
New opportunities and risks exist for APAC organisations in online channels during this global pandemic, according to a biannual Cybercrime Report.
AWS launches fully-managed fraud detection service
Fri, 31st Jul 2020
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hyperscale
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public cloud
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cloud services
Amazon Web Services (AWS) has launched a fully-managed fraud detection service that can identify potential fraud activity in 'milliseconds'.
Natural disasters, card fraud Kiwis’ top security concerns
Wed, 8th Jul 2020
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dr
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cloud services
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unisys
Only 22% of Kiwis are concerned about a security breach while working from home, despite increasing cyber attacks.
Nuance revamps AI authentication to protect seniors from fraud
Fri, 5th Jun 2020
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contact centre
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nuance
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online fraud
Nuance enhances Gatekeeper to shield seniors from fraud, prioritising their calls with voice detection AI.
Mastercard and Ethoca look out for ANZ retailers with support package
Fri, 22nd May 2020
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pos
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martech
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commerce systems
Mastercard and Ethoca combat fraud with free support for ANZ retailers.