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

Online fraud stories - Page 2

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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
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, 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.
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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.
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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.
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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.
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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
“The CFO and finance team are crucial to an organisation’s success."
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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.
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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.
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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
As our lives become increasingly ensconced within apps on our mobiles, it seems so too does cybercrime with fraud "not going away anytime soon."
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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.
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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.
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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...
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Email phishing scam targeting UK students a ‘timely warning’
Wed, 6th Sep 2017
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cybersecurity
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phishing
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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.
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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.
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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
"Current cyber policies are inadequate in safeguarding against rogue employees and criminals who are intent on stealing data, IP and even cash."
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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.
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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.
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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
“This company is the subject of numerous complaints & Fair Trading has been unable to make contact with the business owner despite numerous attempts."
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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?
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New tool to protect retailers from online fraud
Wed, 21st Oct 2015
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retailers
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callaghan innovation
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estar
“Online fraud is much closer to home than retailers might think, and can be any purchase value made by any purchase method."
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