Fraud stories - Page 13

Scammers stole $340 million from Australians in 2017 – ACCC says this is the biggest loss ever recorded on its books.

Email fraud attacks surged 55% last quarter as criminals focus on targeted strikes, with real estate firms among the hardest hit, reports Proofpoint.

Ecommerce is thriving in the Asia Pacific region, but 18% of consumers remain vulnerable to fraud, according to Experian's 2018 report.

Businesses that use the SWIFT network must comply with SWIFT’s Customer Security Programme (CSP) or face the risk of attacks.

Australian organisations can prevent fraud with updated policies, plugging leaks, and automating routine tasks, says SAP Concur. Proper controls are key.

Fraudsters are targeting legitimate social media platforms to create a new type of fraud market – one that has a global reach.

A new study from Barracuda has revealed an increasingly popular method of cybercrime - steal email credentials then steal money from colleagues.

Falsified SWIFT messages were used to attempt unauthorized fund transfers, which were blocked through a collaborative effort.

Re:scam, an AI chatbot developed by Netsafe, is wasting scammers' time with endless questions to protect potential victims.

Amid rising fraud concerns, 59% of APAC financial firms are increasing investment in detection tech, surpassing even multi-factor authentication, says Experian.

Recorded Future believes China has been altering public vulnerability data to allow the Ministry of State Security to play with it first.

Baidu unveiled a new system that can clone your voice using just 3.7 seconds of audio, a scary thought in the era of voice biometric authentication.

Email serves as an organisations’ communicative lifeblood, thus making it the most critical vector for an assortment of threats.

Why financial institutions need to combat the increasingly complex and intelligent threat landscape with a holistic security approach.

Only three of the 105 domains were legitimate (although unofficial) domains, which are being used for Olympic medal tracking purposes.

PwC's study has found for the first time ever cybercrime has become the most common form of fraud with nearly a quarter resulting in a loss of £700k.

WhiteHawk has expanded its team, hiring top cyber talent and promoting Antonio Crespo to chief information officer.

BitGrail wasn't known to many until last week when it announced it had been hacked, but many experts believe all is not as it seems.

The IT skills shortage in Australia is bad enough without having to factor in fraud - an expert has advice for both employers and potential recruits.

Jackson Temi Anni has been sentenced to 18-months imprisonment for lying about products and taking money directly from consumers' bank accounts.