Online fraud stories - Page 2

Scams make up 56% of all online fraud attacks, according to new research from cyber intelligence company Group-IB.

Forter, the eCommerce fraud prevention company, has raised $300m in funding, doubling its revenue and reaching a $3bn valuation.

Nuance enhances Gatekeeper to shield seniors from fraud, prioritising their calls with voice detection AI.

The service has been put through a robust Privacy Impact Assessment and it was developed in accordance with New Zealand’s current privacy legislation.

Banks spend $1.28 trillion to fight surging financial crime, impacting global confidence and revenue.

High early adoption rates and extensive mobile device use make Asia the ideal testing ground for fintech development.

Black Friday is arguably the most anticipated retail sales period in the world, when brands offer consumers the largest discounts and promotional offers.

The LexisNexis study found that there was an average of almost 400 successful monthly fraudulent transactions in the South East Asia region.

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.

Finance leaders must embrace new technologies and combat fraud to drive growth and mitigate risks, says SAP Concur.

Ad fraud ring 3eve used botnets to generate nearly 30 million dollars in fraudulent ad revenue.

This unease is warranted given the growing sophistication of scammers and their activities, and numbers of attempted 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.

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.

Cybercriminals are ditching the ‘quick buck’ methods of stealing credit cards and are instead going after identity data.

The study found that on average, trust in digital services is relatively low across the region...

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.

A professional ecosystem has emerged that is providing e-learning courses to allow aspiring cybercriminals to make USD$12k in monthly earnings.

Almost half of APAC businesses lack specific policies on personal device use for work, leaving them vulnerable to security threats, according to EY.

86% of respondents with operations in China experienced a fraud incident last year, a 13% jump since 2015.

Radar works by using algorithms to detect patterns and instances of likely fraud. As it learns, its defences become more powerful over time.

Distributors and consumers warned to cease trading with Digital Skies Group Pty Ltd due to breaches in fair trading complaints.

Decreasing the risk of bank fraud and improving the customer experience are both based on knowing the customer - can they work together?.

Australian eCommerce solutions company eStar has launched a SaaS-based tool to protect retailers from online fraud.