eCommerceNews India - Technology news for digital commerce decision-makers

Fraud stories

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Generative AI set to reshape anti-fraud efforts by 2024
Last week
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ml
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biometrics
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rpa
83% of anti-fraud professionals to deploy generative AI in anti-fraud activities within two years, says 2024 Anti-Fraud Technology Benchmarking Report, despite earlier lag behind expectations.
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Appdome bolsters mobile fraud fight with Geo Compliance feature set
Last week
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apple
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smartphones
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compliance
Mobile app security firm Appdome introduces Geo Compliance feature set to fight mobile fraud and aid brands in verifying user location.
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SpendConsole expands AI-powered AP automation to Dubai
This month
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advanced persistent threat protection
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cyber threats
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fraud
AI-powered accounts payable firm SpendConsole expands into the Middle East, opening a new office in Dubai amidst rising demand for automation solutions.
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Netsafe launches online safety programme for seniors in New Zealand
This month
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email security
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scams
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nz
Netsafe, a charitable organisation in New Zealand, has launched 'Get Set Up for Safety', a nationwide initiative to equip senior citizens with skills to combat online threats such as fraud and scams.
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'Artificial Inflation of Traffic' scams skyrocket in 2023
This month
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cloud services
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ai
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threat intelligence
A Swedish report exposes a disturbing surge in Artificial Inflation of Traffic (AIT) fraud, with 20 billion fraudulent SMS messages costing organisations a total of $1.16 billion in 2023.
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Rise in Valentine's Day scamming on dating apps, warns Cequence Security
This month
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advanced persistent threat protection
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ai
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threat intelligence
This Valentine's Day, Cequence Security's alarming research reveals an increase in scamming activity on dating apps, with fraudsters posing as romantic prospects to exploit users financially.
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Decline in trust with SMS platforms predicted by new XConnect study
This month
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cloud services
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phishing
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email security
A study by XConnect and Mobilesquared reveals CPaaS providers are expected to lose nearly a quarter of trust in SMS platforms between 2023 and 2025 due to potential fraud risks.
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SEON joins AWS ISV Accelerate Program to enhance fraud prevention
This month
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public cloud
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fintech
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cloud services
Online fraud prevention leader SEON steps into Amazon Web Service's Independent Software Vendor Accelerate Program, expanding its pioneering platform's accessibility and reach.
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Riskified enhances Dispute Resolve to tackle Australian eCommerce fraud
This month
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digital transformation
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martech
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commerce systems
Riskified's Dispute Resolve platform expands its services in Australia, aiming to aid merchants facing a post-holiday surge in chargebacks. The platform can streamline and accelerate revenue recovery through AI and gateway integrations.
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BT Group partners with Optiva for AI & blockchain integrated services
Last month
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ai
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blockchain
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b2b
UK telecoms giant, BT Group, launches AI and blockchain services in collaboration with cloud specialist, Optiva, targeting banking, healthcare and insurance sectors.
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Data Privacy Day: Zoho highlights the need for more education
Last month
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bi
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big data
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edutech
Data Privacy Day: Zoho stresses the vital need for businesses to educate themselves, increase transparency and bolster data privacy practices as AI use intensifies.
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SAS lauded as leader in AML transaction monitoring by Chartis Research
Last month
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ml
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workflow automation
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web development
In its inaugural AML transaction monitoring solutions evaluation, Chartis Research recognises analytics giant SAS as a category leader, underscoring its impressive capabilities in analytical modelling, risk typology modelling, and workflow automation.
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Artificial Intelligence: the catalyst for transformation in Australia's freight industry
Last month
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cloud services
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fraud
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weather
AI-driven transformation is set to revolutionise Australia's freight industry, addressing challenges like driver shortages, underutilisation of capacity, and demand for real-time pricing and visibility.
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Instagram influencer marketing expected to hit USD $22 billion by 2025
Last month
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youtube
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instagram
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digital advertising
HypeAuditor report predicts Instagram influencer marketing will reach a dramatic USD $22 billion by 2025, driven by a surge in social e-commerce and a shift to digital advertising.
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McGrathNicol becomes Founding Partner in Australian Insider Risk Centre
Last month
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fraud
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r&d
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corruption
Advisory firm McGrathNicol has joined the Australian Insider Risk Centre of Excellence as a Founding Partner, set to contribute towards enhancing Australia’s cyber resilience.
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Combating cybercrime in NZ with a robust cybersecurity strategy
Last month
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malware
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ddos
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ransomware
New Zealand businesses grapple with cybercrime's volatile threat landscape, as incidents across various sectors showcase the dire consequences. A nuanced approach to cybersecurity strategy is vital.
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Dow Jones and Oliver Wyman launch predictive credit risk tool
Last month
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ai
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transparency
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fraud
Dow Jones partners with global consulting firm Oliver Wyman to develop Factiva Sentiment Signals, an AI-driven tool able to anticipate credit downgrades using news data, up to three months early.
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Rising cyber threats challenge Southeast Asia's booming digital economy
Last month
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digital transformation
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physical security
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ai
As Southeast Asia's digital economy rapidly reaches $100bn, it is attracting cyber criminals, with 28% of businesses observing an increase in threats alongside their digital expansion.
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Daon's xSentinel tackles synthetic audio threats through real-time detection
Thu, 21st Dec 2023
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biometrics
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compliance
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ai
Daon has launched xSentinel, a real-time detection system designed to protect organisations from synthetic audio threats, including deepfakes and AI-generated voice attacks.
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AI to customise cyber threats, predicts cybersecurity firm Gen
Fri, 8th Dec 2023
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cloud services
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cryptocurrency
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blockchain
Gen predicts AI will customise and escalate cyber threats by 2024, making cybersecurity a daily life necessity.
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Festive online shopping security a rising concern for consumers
Wed, 6th Dec 2023
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cloud services
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mfa
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online fraud
Australian consumers are increasingly concerned about online shopping security, especially amid the festive season, reveals recent survey.
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Predicted surge in AI-fuelled scams in 2024 demands increased vigilance
Tue, 5th Dec 2023
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ml
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advanced persistent threat protection
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email security
Rising AI-powered scams forecasted for 2024 necessitate increased vigilance amid financial scams' surge from UK and Australia.
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Cybercrime threat escalation prompts vigilance for Black Friday shoppers
Thu, 23rd Nov 2023
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online shopping
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retail
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cios
Alarming data shows cybercriminals escalating efforts to exploit Black Friday, with a 135% increase in fake retail sites.
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Cybersecurity firm Cequence joins Microsoft's Security Copilot Private Preview
Thu, 16th Nov 2023
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microsoft
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advanced persistent threat protection
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ai
Cybersecurity firm Cequence Security is participating in Microsoft's Security Copilot Private Preview, leveraging their Microsoft Security expertise.