Fraud stories - Page 9
The fintech fraud epidemic: Banks aren’t getting worse, fraudsters are just getting better
Fri, 4th Mar 2022
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fintech
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martech
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commerce systems
Fintech fraud is on the rise, exacerbated by the global pandemic. Traditional fraud prevention methods are no longer effective.
Not enough businesses have authentication protection - Microsoft
Fri, 11th Feb 2022
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passwordless
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cybersecurity
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microsoft
When it comes to our world online, protecting and defending our most valuable digital asset - our identity - is vital.
Allure Security raises $6.8 million seed round in fight against digital fraud
Fri, 11th Feb 2022
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cybersecurity
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fraud
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funding
Allure Security has raised a $6.8 million seed round as the company progresses in a $76 billion battle against digital fraud.
The wild west of cryptocurrency fraud & How Kiwis are getting stung
Fri, 11th Feb 2022
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cryptocurrency
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blockchain
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email security
Cryptopia went from launch to managing funds for 1.4 million investors to a significant data breach and its inevitable death - all in just five years.
Southeast Asia sees growing demand for better electronic finance solutions
Tue, 8th Feb 2022
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mfa
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cloud services
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kaspersky
Banks and consumers in Southeast Asia are increasingly adopting one-time passwords for online transactions, according to new research by Kaspersky.
To click or not to click: What F-Secure learned from phishing 80,000 people
Fri, 28th Jan 2022
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devops
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phishing
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email security
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.
6 significant changes to online fraud we saw in 2021
Tue, 4th Jan 2022
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saas
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malware
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ransomware
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.
How to ensure your business isn't scammed this Christmas
Tue, 14th Dec 2021
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saas
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email security
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cybersecurity
Australian and New Zealand businesses face increased risk of fraud this festive season due to distractions and increased activity, warns SAP Concur.
Forter strengthens eCommerce security with Trusted Identities
Tue, 14th Dec 2021
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fraud
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identity solutions
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forter
Forter launches Trusted Identities to simplify online account authentication and protect against fraudsters. (109 characters).
New Mastercard research focuses on safer shopping and spending habits
Thu, 9th Dec 2021
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martech
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commerce systems
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supply chain & logistics
NZ consumers shift towards spending on experiences after lockdown, with the average Kiwi saving $3,000, says Mastercard research.
Visa saves Kiwi businesses $88 million with AI-powered security
Fri, 26th Nov 2021
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blockchain
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martech
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commerce systems
Visa's AI solution has prevented $88m in fraud for New Zealand businesses in the past year, according to the company.
It's Fraud Awareness Week: How you can steer clear of scams and fraud
Fri, 19th Nov 2021
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email security
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cybersecurity
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scams
Netsafe reports 86% rise in identity fraud and 37% increase in investment fraud in New Zealand, sparking concern over online safety.
Are banks, social media and telcos to blame for scam explosion?
Mon, 27th Sep 2021
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uc
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email security
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cybersecurity
Consumers think banks, retailers and mobile operators need to do more to protect them and their personal information from fraudsters.
FiVerity launches 'revolutionary' Cyber Fraud Network
Fri, 27th Aug 2021
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cybersecurity
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fraud
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financial institutions
FiVerity launches industry-first Cyber Fraud Network to combat cyber tactics and fraudulent theft in financial institutions.
Cost of fraud in Asia Pacific reaches almost $4 per transaction
Thu, 8th Jul 2021
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fraud
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identity
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digital transaction management
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 to exceed $206 billion, driven by identity theft
Tue, 6th Jul 2021
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physical security
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juniper networks
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identity theft
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 acquires bot detection firm SecuredTouch
Thu, 24th Jun 2021
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cybersecurity
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healthtech
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ping identity
Ping Identity has acquired fraud and bot detection firm SecuredTouch, combining fraud and identity security capabilities. The deal's terms were not disclosed.
Scams number one online crime
Fri, 11th Jun 2021
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email security
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cybersecurity
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scams
Scams make up 56% of all online fraud attacks, according to new research from cyber intelligence company Group-IB.
Cyber security breach reports rise 25%
Thu, 3rd Jun 2021
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data protection
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cybersecurity
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fraud
The number of cyber security incidents reported in this country has risen 25 percent since the same time last year.
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Number porting fraud prompts extra measure from telcos
Thu, 3rd Jun 2021
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uc
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data protection
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telco
Telcos have banded together in an attempt to stamp out a relatively uncommon but potentially devastating type of fraud.