Online fraud stories - Page 7
AI bots drive 57% of holiday shopping traffic, study finds
Thu, 24th Apr 2025
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firewalls
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network security
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application security
Radware's 2025 report reveals 57% of 2024 holiday eCommerce traffic was from bots, marking a shift with AI-enhanced bots outpacing human shoppers online.
AI-powered scams surge online as Microsoft blocks USD $4bn
Thu, 17th Apr 2025
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phishing
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email security
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ai
Microsoft's report reveals a surge in AI-powered scams, blocking USD $4bn in fraud and detecting 1.6 million bot signups per hour online.
Google blocks 5.1 billion ads & boosts AI ad safeguards
Thu, 17th Apr 2025
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martech
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email security
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llms
Google blocked over 5.1bn ads and suspended 39.2m accounts in 2024, using AI advancements to combat ad scams and protect consumers.
Bitdefender unveils new family security plans for consumers
Mon, 7th Apr 2025
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cybersecurity
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bitdefender
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online fraud
Bitdefender has launched new Family Plans, offering tailored security solutions as cybercrime losses soar to over USD $1 trillion globally, ensuring families stay protected.
US leads global online fraud rates, new study reveals
Sun, 16th Mar 2025
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cybersecurity
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online fraud
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cybercrime
A recent study by ZeroBounce reveals the US leads globally in online fraud risk, with a staggering score of 64.2 and 83% of incidents occurring digitally.
Emerging multimedia Bitcoin scams use deceptive MMS videos
Tue, 25th Feb 2025
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physical security
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cybersecurity
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identity theft
A study by Proofpoint reveals a rise in Bitcoin scams utilising video attachments in multimedia messages, evolving from static images to deceive victims.
Romance scams reach six-year high, Moody's reports
Thu, 13th Feb 2025
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social media
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online fraud
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money laundering
Moody's highlights a six-year high in romance scams, unveiling 1,193 new entities globally in 2024, with the US leading at 38% of cases.
Entrust launches AI identity tool to tackle USD $112bn fraud
Wed, 22nd Jan 2025
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data protection
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surveillance
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biometrics
Entrust has launched a new AI-based identity verification service to help businesses tackle rising online fraud, which cost US firms USD $112 billion in 2024.
Experts warn of cyber risks as Black Friday approaches
Thu, 28th Nov 2024
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endpoint protection
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edr
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data privacy
As Black Friday and Cyber Monday approach, experts warn shoppers to be vigilant against rising cyber threats like malvertising and online fraud.
Kaspersky uncovers Russian-led crypto & web3 fraud campaign
Thu, 22nd Aug 2024
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malware
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gaming
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crypto
Kaspersky has uncovered a sophisticated cyber fraud scheme, 'Tusk,' exploiting popular trends like web3 and AI to steal cryptocurrency and sensitive data.
GenAI tools amplify online fraud risks, report reveals
Wed, 31st Jul 2024
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uc
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genai
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ai
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.
BforeAI launches PreCrime Guarantee offering tenfold reimbursements
Thu, 30th May 2024
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risk & compliance
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ai
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ai models
Cybersecurity firm BforeAI launches PreCrime Guarantee, pledging up to ten times reimbursement of service contracts if their AI fails to prevent a cyberattack.
There's a whole new wave of investment scams – and they feature people you might know
Thu, 23rd May 2024
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email security
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ai
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cybersecurity
AI-generated deepfakes are fuelling a new era of investment scams, featuring familiar faces to deceive us. Here's how to spot and avoid these high-tech traps.
Fastly introduces Bot Management to combat online fraud
Wed, 3rd Apr 2024
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application security
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breach prevention
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cybersecurity
Fastly has launched its Bot Management system, a cybersecurity advancement aimed at thwarting bot-triggered online fraud and abuses.
One Consortium launched to combat global communications fraud
Tue, 19th Mar 2024
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online fraud
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gsma
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bics
The i3Forum introduces the One Consortium, a global non-profit initiative aimed at restoring public confidence in communications, following a surge in illegal calls and messages.
Zally to transform cybersecurity with behavioural biometrics
Wed, 20th Dec 2023
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online safety
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passwords
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online fraud
Manchester authentication startup Zally is aiming to revolutionise cybersecurity with progressive behavioural biometrics technology.
Third-party solutions herald new era in online fraud prevention
Sat, 14th Oct 2023
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cx
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martech
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commerce systems
Rise in online fraud prompts Payment Service Providers to seek innovative third-party solutions for prevention.
Jumio appoints Susan Walker as chief financial officer
Fri, 13th May 2022
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cfo
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online fraud
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jumio
Jumio, a digital identity verification company, appoints Susan Walker as CFO. Her 25 years of leadership experience includes a successful IPO.
Jumio appoints Susan Walker as Chief financial officer
Fri, 6th May 2022
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saas
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dlp
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ipo
Jumio, a leader in the identity market, appoints Susan Walker as CFO. Her 25 years of experience will support their high-velocity goals.
Online fraud leaves APAC consumers wary of digitalization
Wed, 15th Nov 2017
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digitalisation
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online fraud
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telcos
Rampant online fraud in APAC is shaking consumer trust in digital services, with a new study revealing one in five people directly impacted by fraud.