Fraud stories
Banks are set to embed AI deep into payment systems by 2026, slashing costs as fraud surges and pressure mounts on platforms and regulators.
AI tools and online deals help drive a 5% rise in Australian Christmas retail spending, with discount and department stores surging.
Visa teams with Akamai on new protocol to verify AI shopping agents, tackling a 300% surge in bot traffic and rising eCommerce fraud risks.
Chinese state-backed hackers mimic Microsoft Teams downloads in a false flag campaign to infect Chinese speakers and blame Russian actors.
Agentic AI networks could let cybercriminals automate attacks at relentless scale, forcing security teams into a new AI-driven arms race.
Music tech boss Con Raso predicts AI, anti-fraud tools and fan-powered models will reshape streaming, gaming and DSP catalogues by 2026.
One in three Australians are ready to let AI shop on their behalf, but fears over fraud, control and bad purchases still loom large.
Friendly fraud is set to rise by 25% over the peak holiday shopping days, with transactions averaging USD $291, costing retailers billions globally.
eCommerce platforms face rising AI-driven cyber threats ahead of 2025 holidays as attackers exploit vulnerabilities and stolen credentials for fraud.
Hadrian rolls out AI “offensive” agents that mimic hackers, probing firms' systems continuously to spot and fix cyber flaws first.
Cowbell warns UK firms to brace for 2026 surge in AI-driven scams, data theft and supply chain hacks amid tighter cyber cover rules.
UK accountants say firms are already losing money to flawed ChatGPT tax advice and warn misuse of AI could trigger failures by 2026.
Researchers warn a new 'GhostPairing' WhatsApp scam turns device linking into a stealth spy tool, hijacking chats via trusted contacts.
Atturra teams with Comtrac to roll out AI-powered investigation tools for Australian law enforcement and regulators via a single service channel.
UK unveils GBP £15 million anti-corruption drive, but experts warn sidelined fraud strategy leaves main source of dirty money unchecked.
Group-IB has launched a Cyber Fraud Intelligence Platform to help UK banks tackle GBP £600m fraud by securely sharing real-time risk signals while ensuring data privacy.
Trend Micro warns AI-driven scams will surge by 2026, using deepfakes and multi-channel tactics to trap victims in sophisticated frauds globally.
AI-powered scams have caught Australians out, with losses hitting AUD $945M in 2024 as fraudsters exploit sophisticated, multi-channel tactics.
With AI fakes on the rise, owning verifiable, private credentials is key to protecting your identity and proving your truth online in 2025.
Australians are warned of AI-driven Black Friday scams, with fraudsters using advanced tactics to create realistic fake shopping sites and offers.
