Online fraud stories - Page 2

Scams number one online crime
Fri, 11th Jun 2021
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cybersecurity
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scams
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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.

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.

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.

NZ credit bureau Centrix co-develops fraud detection service
Wed, 19th Feb 2020
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privacy
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online fraud
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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.

Cloudera: Taking a unified approach to fighting financial crime
Tue, 21st Jan 2020
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big data
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data analytics
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bi
Banks spend $1.28 trillion to fight surging financial crime, impacting global confidence and revenue.

Hong Kong counts the opportunities and costs of leading fintech adoption rates
Fri, 6th 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.

Black Friday alert: Financial botnets targeting eCommerce apparel sites
Tue, 26th 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.

Cost of fraud averaging 3.4 times lost transaction value - study
Mon, 21st 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.

How YouAppi aims to enable effective detection of fraudulent traffic
Tue, 9th 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.

How finance leaders can drive growth and avoid risk
Tue, 7th May 2019
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big data
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data analytics
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bi
Finance leaders must embrace new technologies and combat fraud to drive growth and mitigate risks, says SAP Concur.

FBI disrupts multiple botnets as part of anti-fraud operation
Thu, 29th Nov 2018
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malware
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f-secure
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botnet
Ad fraud ring 3eve used botnets to generate nearly 30 million dollars in fraudulent ad revenue.

Kiwis concerned about being scammed – survey
Mon, 12th Nov 2018
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phishing
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cybersecurity
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email security
This unease is warranted given the growing sophistication of scammers and their activities, and numbers of attempted fraud.

Mobile app fraud transactions have skyrocketed 680% since 2015
Thu, 24th May 2018
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endpoint protection
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cybersecurity
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fraud
Mobile app fraud has risen by 680% since 2015, as hackers target mobile channels for fraud, according to RSA Security's Q1 2018 Fraud Report.

Cybercrime becomes most common form of fraud in UK
Tue, 27th Feb 2018
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cybersecurity
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fraud
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online fraud
PwC's study has found for the first time ever cybercrime has become the most common form of fraud with nearly a quarter resulting in a loss of £700k.

Out with credit cards & in with identity data: Cybercriminals take fraud to new levels
Wed, 24th Jan 2018
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identity theft
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online fraud
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threatmetrix
Cybercriminals are ditching the ‘quick buck’ methods of stealing credit cards and are instead going after identity data.

Online fraud leaves APAC consumers wary of digitalization
Wed, 15th Nov 2017
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digitalisation
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online fraud
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apac
The study found that on average, trust in digital services is relatively low across the region...

Email phishing scam targeting UK students a ‘timely warning’
Wed, 6th Sep 2017
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phishing
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cybersecurity
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email security
UK watchdog Action Fraud has released details of an complex email phishing scam that has been touted as a much needed warning for the public.

Digital Shadows discovers credit card crime ring cashing in on $24b a year
Tue, 25th Jul 2017
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cybersecurity
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online fraud
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credit card fraud
A professional ecosystem has emerged that is providing e-learning courses to allow aspiring cybercriminals to make USD$12k in monthly earnings.

Report urges organisations to be wary of BYOD and rogue employees
Wed, 24th May 2017
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smartphones
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technology gifts
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online fraud
Almost half of APAC businesses lack specific policies on personal device use for work, leaving them vulnerable to security threats, according to EY.

Survey finds China’s a hotspot for all types of fraud: Whistleblowing may be the answer
Mon, 23rd Jan 2017
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cybersecurity
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kroll
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online fraud
86% of respondents with operations in China experienced a fraud incident last year, a 13% jump since 2015.

Stripe's new 'caller ID' machine learning platform is tackling online fraud - and making card payments safer
Fri, 21st Oct 2016
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ml
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ai
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online fraud
Radar works by using algorithms to detect patterns and instances of likely fraud. As it learns, its defences become more powerful over time.

NSW Fair Trading warns against dealing with Digital Skies Group
Mon, 12th Sep 2016
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distribution
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online fraud
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nsw fair trade
Distributors and consumers warned to cease trading with Digital Skies Group Pty Ltd due to breaches in fair trading complaints.

Fighting bank fraud and improving the customer experience: Can they work together?
Wed, 27th Apr 2016
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cloud services
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public cloud
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cx
Decreasing the risk of bank fraud and improving the customer experience are both based on knowing the customer - can they work together?.

New tool to protect retailers from online fraud
Wed, 21st Oct 2015
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callaghan innovation
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estar
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online fraud
Australian eCommerce solutions company eStar has launched a SaaS-based tool to protect retailers from online fraud.