Fraud stories - Page 2
![Story image](../../../../../uploads/story/2024/06/27/preview_techday_50705d72391e4aea76e2.webp)
Mobile app security survey reveals robust consumer demand
Thu, 27th Jun 2024
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ai
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fraud
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mobile apps
Survey reveals a dramatic rise in consumer demand for mobile app security, fraud prevention, and privacy measures, with 99.5% of users seeking robust protections.
![Story image](../../../../../uploads/story/2024/06/26/preview_techday_2012811c4d50f3eb7e4d.webp)
BioCatch report underscores evolving fraud landscape in APAC
Wed, 26th Jun 2024
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endpoint protection
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fintechs
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email security
BioCatch's latest report on APAC digital banking fraud trends reveals a 70% rise in mobile app fraud and a dramatic 108% surge in voice scams, alongside a notable decline in fraud losses in Australia.
![Story image](../../../../../uploads/story/2024/06/19/preview_techday_cf7c8016533575f0b7ca.webp)
Report reveals a 23% rise in global ad fraud schemes
Wed, 19th Jun 2024
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ai
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fraud
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genai
APAC's ad market is set to grow 8.5% to USD $289 billion in 2024, amid rising AI-driven ad fraud and evolving media quality trends.
![Story image](../../../../../uploads/story/2024/06/19/preview_techday_c74a43941988ae9be149.webp)
ANZ Plus launches digital identity service with ConnectID
Wed, 19th Jun 2024
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martech
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physical security
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cdp
ANZ Plus partners with ConnectID to launch a Digital Identity service, simplifying and securing identity verification for customers, enhancing data privacy and reducing fraud.
![Story image](../../../../../uploads/story/2024/06/19/preview_techday_4caba71f6da15b6de10b.webp)
Panaseer predicts SEC reports could see up to 2600 NIST mentions
Wed, 19th Jun 2024
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data analytics
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risk & compliance
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cybersecurity
Cybersecurity firm Panaseer forecasts that SEC reports may see up to 2,600 mentions of NIST in 2024, a significant increase driven by new SEC rules enforcing detailed cybersecurity disclosures.
![Story image](../../../../../uploads/story/2024/06/18/preview_techday_820d67444d5046811e81.webp)
Group-IB helps bust Southeast Asian cyber fraud syndicate
Tue, 18th Jun 2024
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cybersecurity
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cybercrime
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fraud
Group-IB aided a tri-nation police operation that dismantled a cyber fraud syndicate, linking it to over 1,899 cases in Singapore and losses exceeding USD $25 million.
![Story image](../../../../../uploads/story/2024/06/13/preview_techday_4b45e3b268434f3a8c05.webp)
Traceable AI uncovers growing API security issues in finance
Thu, 13th Jun 2024
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cybersecurity
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risk & compliance
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visibility
A report from reveals critical API security flaws plaguing the US financial sector, with 82% of institutions concerned about regulatory compliance.
![Story image](../../../../../uploads/story/2024/06/09/preview_techday_8b9ef39a49581a66ac91.webp)
Lucinity launches AI copilot plug-in at Money2020 Europe
Mon, 10th Jun 2024
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fintechs
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crm
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rpa
Lucinity unveils an advanced AI copilot plug-in at Money2020 Europe, promising instant ROI and up to 90% productivity boosts for financial institutions.
![Story image](../../../../../uploads/story/2024/06/07/preview_img-CCQVgKowzxgX61tXYW0kcZ0x.webp)
Ticketmaster cyberattack - what lessons can be learnt?
Fri, 7th Jun 2024
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firewalls
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siem
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network security
The Ticketmaster data breach affected 560 million people, with personal data being sold for USD $500 million. AI-powered SIEM systems emerge as key in preventing such cyberattacks.
![Story image](../../../../../uploads/story/2024/06/07/preview_img-c4oEddG5IrNE0odW6Qnl7tkj.webp)
Finance professionals lead in AI adoption, report reveals
Fri, 7th Jun 2024
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cryptocurrency
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fintechs
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blockchain
Finance professionals lead AI adoption, with 63% utilising it for fraud detection and risk management. Marketing and sales show lower usage at 27% and 19%.
![Story image](../../../../../uploads/story/2024/06/06/preview_18.webp)
Cyber risk is keeping the Australian enterprise on its toes
Thu, 6th Jun 2024
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ransomware
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devops
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siem
Australian organisations need to keep cyber risks in check to avoid incidents and liabilities.
![Story image](../../../../../uploads/story/2024/06/05/preview_img-U8W57HhRLtIj9bjxJN4zzVUL.webp)
Appdome launches SDKProtect to secure mobile development
Wed, 5th Jun 2024
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endpoint protection
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surveillance
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application security
Appdome launches SDKProtect to enhance mobile SDK security. This service aims to counteract threats like root detection evasion and data tampering, ensuring safer applications.
![Story image](../../../../../uploads/story/2024/05/28/preview_img-Emci3MdqA34eS2vqB4q0FmZz.webp)
NFT Workx launches .WRKX domain to combat counterfeits online
Wed, 29th May 2024
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cx
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martech
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commerce systems
NFT Workx and Unstoppable Domains launch .WRKX Web3 domain, enabling tokenised identities to combat counterfeiting.
![Story image](../../../../../uploads/story/2024/05/27/preview_img-oV8ZyZgP93M4dsg22cBoMYAf.webp)
Bitdefender launches AI scam detector Scamio on WhatsApp in Australia
Mon, 27th May 2024
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advanced persistent threat protection
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ai
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cybersecurity
Bitdefender has unveiled Scamio on WhatsApp in Australia, offering an AI-powered tool to tackle online fraud, responding to a high occurrence of scams.
![Story image](../../../../../uploads/story/2024/05/10/preview_img-3pGwcaItQ3FpIQQSD0GUboI2.webp)
Report reveals 76% of banks face sophisticated fraud threats
Fri, 10th May 2024
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biometrics
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email security
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money laundering
Report reveals increase in fraud cases amongst banks, with money laundering, account takeovers, and AI-generated threats posing significant risks.
![Story image](../../../../../uploads/story/2024/05/02/preview_img-YBFFf1L2idgyb8IY7Bd1FY3x.webp)
Australian firms see customer rates hit by increasing fraud
Thu, 2nd May 2024
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fintechs
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ai
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fraud
LexisNexis Risk Solutions' study reveals 80% of Australian firms recognise fraud significantly impacting customer conversion rates.
![Story image](../../../../../uploads/story/2024/05/01/preview_img-NZBQ4UCLhzhuv0z0OETDPjLf.webp)
AI's role in global digital fraud exposed by BioCatch study
Wed, 1st May 2024
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ai
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fraud
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digitisation
A BioCatch study reveals that artificial intelligence (AI) is increasingly used by criminals for financial crime and digital fraud, posing significant challenges to global financial institutions.
![Story image](../../../../../uploads/story/2024/04/26/preview_img-5xhQNk2VJrm7QUydfLtEKzq0.webp)
The messaging evolution and the fight against fraud
Fri, 26th Apr 2024
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data protection
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email security
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apm
SMS revolution's downside: Europe tackles fraud epidemic through stringent data laws and sender verification in fight to preserve trust.
![Story image](../../../../../uploads/story/2024/04/25/preview_img-pvgzZDYLlqXTEj6aAq3PMmbB.webp)
AI scams prompt need for advanced fraud-detection technologies
Thu, 25th Apr 2024
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email security
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ai
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ml
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.
![Story image](../../../../../uploads/story/2024/04/25/preview_img-Gt6ZyWEAr4xcgCnJLurYl6PY.webp)
New ITW Global Leaders Forum code targets international voice fraud
Thu, 25th Apr 2024
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uc
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voice
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telco
The ITW Global Leaders Forum and i3Forum have updated their industry-based code to combat International Revenue Share Fraud within the international voice market, targeting the use of premium rate numbers.