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

Online fraud stories

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Norton study highlights Kiwi's risky eCommerce behaviours
Last month
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cyber criminal
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norton
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online fraud
Nearly a quarter of New Zealanders (22%) surveyed said they tend to take more risks when online shopping during the holiday season than other times of the year.
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Case study: Why cybersecurity insurance is essential for your business
Mon 31 Oct 2022
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cybersecurity insurance
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phishing
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online fraud
Death and taxes are inevitable. So too is the rise of cyber incidents hitting organisations where it hurts most: the bottom line.
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The growing threat of CEO fraud and how to mitigate it
Tue 4 Oct 2022
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cybersecurity
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online fraud
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secureworks
By posing as the CEO or other senior figures, attackers guarantee that malicious emails get employees' attention. Many employees are reluctant to question a request from their CEO, so they usually provide the information.
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Accent scales up its eCommerce business with Forter
Fri 30 Sep 2022
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cybersecurity
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partners
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online fraud
Forter has partnered with the Accent Group to help automate and scale the footwear firm’s eCommerce business, using its Trusted Conversions solution.
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Save the Children selects Forter to curb donation fraud
Tue 20 Sep 2022
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digital transformation
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cybersecurity
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trust company
Forter partners with Save the Children Australia to reduce card testing fraud by deploying the company’s Trusted Conversions solution.
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Asia’s data privacy landscape is ‘coming of age’ – how can businesses cope?
Wed 14 Sep 2022
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breach prevention
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cybersecurity
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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.
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L’Occitane Japon reduces fraud with Forter’s platform
Mon 12 Sep 2022
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digital transformation
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cx
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cybersecurity
L’Occitane Japon increases revenue, reduces chargebacks and fraud, and creates a seamless customer experience with Forter’s fully automated platform.
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Digital commerce fraud: What it is and how to stop it
Tue 31 May 2022
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online shopping
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online fraud
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retailers
Australia and New Zealand have experienced a 15% spike in sales from the previous year, continuing a trend that accelerated during the pandemic as the world turned to online shopping.
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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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Online credit card fraud on the rise leading up to holiday season
Thu 16 Dec 2021
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cybersecurity
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online fraud
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credit card fraud
Analysis from AusPayNet serves as a reminder for consumers and merchants to be vigilant online this holiday season, with research indicating a significant increase in credit card fraud.
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F5 extends Shape Security portfolio to protect against account takeover attacks
Thu 9 Dec 2021
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online fraud
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user experience
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security
F5 has announced multiple security offerings with the intention of helping to safeguard digital experiences with comprehensive account takeover protection.
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AI-driven counter fraud platform utilised by eftpos to help prevent cybercrime
Thu 2 Dec 2021
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ai
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cybersecurity
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online fraud
Debit card system eftpos has initiated a new AI-driven counter fraud platform for their technology in an effort to prevent online cybercrime and fraud in Australia.
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Video: 10 Minute IT Jams — Who is Forter?
Thu 25 Nov 2021
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online fraud
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banking industry
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forter
Today we introduce Forter, an organisation that specialised in fraud detection in eCommerce.
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GBG and SEON strengthen online fraud prevention for financial institutions
Wed 8 Sep 2021
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seo
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partnerships
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online fraud
SEON’s technology is fully integrated into the GBG Intelligence Center to effectively use email, IP, phone, and social media as alternative data for fraud detection, while meeting compliance and data privacy needs.
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Scams number one online crime
Fri 11 Jun 2021
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cybersecurity
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scams
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online fraud
“Today scam is more than just solitary fraudulent web pages, it’s an entire industry with advanced technologies under the hood."
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Forter doubles revenue in 12 months, raising $300 million for a $3 billion valuation
Fri 28 May 2021
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commerce systems
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martech
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payment gateways
Forter has doubled its revenue in the last 12 months, raising $300 million for a $3 billion valuation.
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Nuance revamps AI authentication to protect seniors from fraud
Fri 5 Jun 2020
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contact centre
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nuance
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online fraud
The tool utilises intelligence voice detection capabilities to let enterprises identify if callers are over the age of 65 and, if so, prioritise their call, get them to a live agent for service and better protect them from fraud.
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NZ credit bureau Centrix co-develops fraud detection service
Wed 19 Feb 2020
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online fraud
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customer privacy
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fraud
The service has been put through a robust Privacy Impact Assessment and it was developed in accordance with New Zealand’s current privacy legislation.
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Cloudera: Taking a unified approach to fighting financial crime
Tue 21 Jan 2020
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big data
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data analytics
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bi
With the volume of valuable financial data increasing by the second, how do businesses ensure they balance expectations for robust security controls from customers with their need for convenience?
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Hong Kong counts the opportunities and costs of leading fintech adoption rates
Fri 6 Dec 2019
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fintech
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online fraud
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threatmetrix
High early adoption rates and extensive mobile device use make Asia the ideal testing ground for fintech development.
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Black Friday alert: Financial botnets targeting eCommerce apparel sites
Tue 26 Nov 2019
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martech
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commerce systems
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online shopping
Black Friday is arguably the most anticipated retail sales period in the world, when brands offer consumers the largest discounts and promotional offers.
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Cost of fraud averaging 3.4 times lost transaction value - study
Mon 21 Oct 2019
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online fraud
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fraud
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study
The LexisNexis study found that there was an average of almost 400 successful monthly fraudulent transactions in the South East Asia region.
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How YouAppi aims to enable effective detection of fraudulent traffic
Tue 9 Jul 2019
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online fraud
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fraud
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emerging technology
YouAppi aims to allow brands to make real-time adjustments and optimise marketing efforts in order to reach customers at any point in the funnel.
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How finance leaders can drive growth and avoid risk
Tue 7 May 2019
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big data
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data analytics
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bi
“The CFO and finance team are crucial to an organisation’s success."
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