Transmit Security Stories

Global Stories

Transmit Security stories

Aflac wins 2024 CSO award for innovative security project

Aflac has been awarded the 2024 CSO Award for its innovative Quackcess Granted authentication initiative, enhancing security and customer experience.

By Shannon Williams • 3 min read • Fri, 1st Nov 2024

Cybersecurity

International Women in Cyber Day highlights diversity challenges

International Women in Cyber Day highlights the vital role of diversity in cybersecurity. Companies like Transmit Security and CMTG lead efforts to include more women in the field.

By Catherine Knowles • 3 min read • Fri, 30th Aug 2024

Unified Communications

Transmit Security report reveals rise in AI-driven fraud scams

Transmit Security's latest report reveals a surge in AI-driven fraud scams, highlighting dark web marketplaces and tools like FraudGPT that empower even novice fraudsters.

By Shannon Williams • 3 min read • Wed, 31st Jul 2024

Unified Communications

GenAI tools amplify online fraud risks, report reveals

A new Transmit Security report reveals generative AI is fuelling a surge in dark web fraud, with accessible tools like FraudGPT boosting online scam capabilities.

By Shannon Williams • 3 min read • Wed, 31st Jul 2024

Data Analytics

AI & ML form critical defence against digital deception

AI and machine learning form the vanguard of defence against increasingly sophisticated, AI-enhanced digital scams.

By Shannon Williams • 3 min read • Thu, 25th Apr 2024

Email Security

AI scams prompt need for advanced fraud-detection technologies

Urgency grows for advanced fraud-detecting tech amid rising AI-backed scams, with a McDonald's scam highlighting the potential for proactive AI defence mechanisms.

By Catherine Knowles • 3 min read • Thu, 25th Apr 2024

Stories from Other Regions

Transmit Security stories

Digital Transformation

Cyber incidents cost Australia AUD $4.26m per breach in 2024

Cyber incidents in Australia now average AUD $4.26 million per breach, a 27% rise since 2020, highlighting urgent cybersecurity needs.

By Imee Dequito • 3 min read • Tue, 19th Nov 2024

Digital Transformation

Transmit Security leads in account takeover prevention

Transmit Security has been named a leader in account takeover fraud prevention, as the market for these solutions is set to grow significantly by 2028.

By Catherine Knowles • 3 min read • Fri, 25th Oct 2024

Email Security

Australia's superannuation funds fortified against cyber threats

As Australia's superannuation assets reach $3.3 trillion, cybercriminals increasingly target these lucrative funds. Transmit Security and Wrkr partner to defend super funds.

By Shannon Williams • 3 min read • Wed, 14th Aug 2024

Supply Chain

MediSecure cyber breach underscores need for robust healthcare cybersecurity

The MediSecure cyberattack, involving stolen data posted on a Russian hacking forum, has highlighted critical vulnerabilities in Australia's healthcare sector amid a rising wave of cyber threats.

By Sean Mitchell • 3 min read • Wed, 29th May 2024

Ransomware

Converging identity management and fraud prevention for optimal security

As AI-enhanced scams become more sophisticated, Australians lost AUD $2.74 billion to scams in 2023. Experts advocate integrating identity management with fraud prevention to bolster security.

By Vivienne Horsfall • 4 min read • Mon, 27th May 2024

Customer Experience

Australian businesses fortify defences amid rising financial fraud

Australian businesses tighten cyber defences amid a 354% surge in account takeover fraud, resulting in a record $3.1B loss, calling for strategies that balance fraud prevention with user experience.

By Catherine Knowles • 3 min read • Wed, 3rd Apr 2024

Crypto

Australia introduces Scam Safe Accord to combat AUD $3.1bn scam crisis

Australia's banking sector unveiled the Scam Safe Accord, a comprehensive plan that includes advanced tech tactics to combat an AUD $3.1 billion scam crisis that surged by 253% over two years.

By Kaleah Salmon • 3 min read • Thu, 14th Mar 2024