Fraud stories - Page 9

Banks and consumers in Southeast Asia are increasingly adopting one-time passwords for online transactions, according to new research by Kaspersky.

According to a new study from F-Secure, phishing emails mimicking HR announcements or asking for assistance with invoicing get the most clicks from recipients.

SEON Fraud Prevention co-founders discuss the top trends that changed fraud in 2021, including the rise of Ransomware as a Service and easier online fraud.

Australian and New Zealand businesses face increased risk of fraud this festive season due to distractions and increased activity, warns SAP Concur.

Forter launches Trusted Identities to simplify online account authentication and protect against fraudsters. (109 characters).

NZ consumers shift towards spending on experiences after lockdown, with the average Kiwi saving $3,000, says Mastercard research.

Visa's AI solution has prevented $88m in fraud for New Zealand businesses in the past year, according to the company.

Netsafe reports 86% rise in identity fraud and 37% increase in investment fraud in New Zealand, sparking concern over online safety.

Consumers think banks, retailers and mobile operators need to do more to protect them and their personal information from fraudsters.

FiVerity launches industry-first Cyber Fraud Network to combat cyber tactics and fraudulent theft in financial institutions.

A new study by LexisNexis Risk Solutions suggests that the cost of fraud in Asia Pacific tops almost US$4 for every transaction made.

Online payment fraud losses are set to exceed $206 billion over the next five years, driven by identity fraud, according to Juniper Research.

Ping Identity has acquired fraud and bot detection firm SecuredTouch, combining fraud and identity security capabilities. The deal's terms were not disclosed.

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

The number of cyber security incidents reported in this country has risen 25 percent since the same time last year. .

Telcos have banded together in an attempt to stamp out a relatively uncommon but potentially devastating type of fraud.

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

Organisations are vulnerable to fraud and compliance risks that could deal significant damage if they are not properly protected and managed.

By investing in advanced tools that access huge datasets, merchants get a better picture of what ‘good’ customers look like, meaning fewer are declined.

Most attempts by organisations to educate customers about fraud are ineffective, says new research from Callsign.