Fraud stories - Page 10
Forter doubles revenue in 12 months, raising $300 million for a $3 billion valuation
Fri, 28th May 2021
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martech
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commerce systems
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payment technologies
Forter, the eCommerce fraud prevention company, has raised $300m in funding, doubling its revenue and reaching a $3bn valuation.
Webinar: Managing fraud risk with a culture of compliance
Fri, 14th May 2021
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risk & compliance
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sap
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fraud
Organisations are vulnerable to fraud and compliance risks that could deal significant damage if they are not properly protected and managed.
Is fraud prevention costing eCommerce more than fraud itself?
Wed, 12th May 2021
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martech
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commerce systems
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fraud
By investing in advanced tools that access huge datasets, merchants get a better picture of what ‘good’ customers look like, meaning fewer are declined.
New research reveals customer behaviour around fraud risks
Tue, 4th May 2021
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email security
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cybersecurity
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scams
Most attempts by organisations to educate customers about fraud are ineffective, says new research from Callsign.
Video: 10 Minute IT Jams - Who is GBG?
Wed, 24th Feb 2021
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risk & compliance
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fraud
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gbg
GBG regional general manager for ANZ, Carol Chris, discusses the key products and challenges faced by customers in the APAC region. #TechDay.
Financial account takeovers on the rise - Kaspersky
Tue, 9th Feb 2021
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cybersecurity
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kaspersky
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fraud
Account takeovers accounted for every second fraudulent transaction in the finance industry in 2020, according to Kaspersky.
Kaspersky identifies new banking malware targeting mobile users
Wed, 11th Nov 2020
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malware
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cybersecurity
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kaspersky
Kaspersky discovers new banking malware that targets mobile users worldwide, with a particular focus on Brazil.
Digital payments fuelling fraud surge during COVID-19 crisis
Tue, 27th Oct 2020
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open source
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cybersecurity
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sas
Digital payments are driving a multibillion-dollar fraud surge worldwide, fueled by the rapid adoption of mobile apps and online channels during the pandemic.
Financial institutions in APAC region to invest millions in fraud prevention
Fri, 16th Oct 2020
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risk & compliance
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fraud
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financial institutions
APAC FIs projected to spend millions on fraud prevention solutions, with Thailand, China, and Indonesia leading the way, according to a GBG report.
Romanian nationals jailed for card skimming
Fri, 9th Oct 2020
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customs
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credit card fraud
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fraud
The equipment was used to obtain credit card details of more than 122 New Zealanders, and to steal approximately $75,380 from many of them.
COVID-19 creates 'perfect storm' for business fraud in NZ
Thu, 8th Oct 2020
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kpmg
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fraud
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covid-19
COVID-19 creates perfect storm for business fraud in New Zealand, with cases of embezzlement and Ponzi schemes on the rise.
AFP arrests two men with ties to Australian SMS phishing scheme
Tue, 29th Sep 2020
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phishing
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email security
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cybersecurity
Two men have been arrested for their roles in an SMS phishing scheme that conned Australians out of money and identities.
Global attack volume down, but fraud and cyber threats still going strong
Fri, 18th Sep 2020
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advanced persistent threat protection
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fraud
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cyber threats
New opportunities and risks exist for APAC organisations in online channels during this global pandemic, according to a biannual Cybercrime Report.
AWS launches fully-managed fraud detection service
Fri, 31st Jul 2020
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hyperscale
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public cloud
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ai
Amazon Web Services (AWS) has launched a fully-managed fraud detection service that can identify potential fraud activity in 'milliseconds'.
Natural disasters, card fraud Kiwis’ top security concerns
Wed, 8th Jul 2020
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dr
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healthtech
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cloud services
Only 22% of Kiwis are concerned about a security breach while working from home, despite increasing cyber attacks.
Nuance revamps AI authentication to protect seniors from fraud
Fri, 5th Jun 2020
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uc
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contact centre
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nuance
Nuance enhances Gatekeeper AI to better protect seniors from fraud, prioritising elderly callers in call centres amid rising cyber threats during COVID-19.
Mastercard and Ethoca look out for ANZ retailers with support package
Fri, 22nd May 2020
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martech
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commerce systems
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supply chain & logistics
Mastercard and Ethoca launch a free fraud prevention package for Australian and New Zealand retailers, offering Ethoca Alerts until 31 July 2020.
Data theft & fraud lead to growth in employment screening services
Tue, 25th Feb 2020
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fraud
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employment
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precisesecurity.com
Employment screening services market could reach $4.8bn by 2023, driven by the need for safer hiring decisions and increasing data theft.
NZ credit bureau Centrix co-develops fraud detection service
Wed, 19th Feb 2020
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data privacy
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online fraud
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fraud
The service has been put through a robust Privacy Impact Assessment and it was developed in accordance with New Zealand’s current privacy legislation.
GBG rolls out anti-fraud solutions to protect against financial crime
Mon, 3rd Feb 2020
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email security
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risk & compliance
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cybersecurity
GBG launches robust anti-fraud solutions, featuring the flagship Instinct Hub, to safeguard businesses and their clients in a complex digital landscape.