Online fraud stories - Page 2

Visa's digital economy and anti-fraud efforts in Asia Pacific are making strides. Over USD $2bn in transactions were processed through its Token Service, and merchants reported a 58% decrease in fraud.

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.

Manchester authentication startup Zally is aiming to revolutionise cybersecurity with progressive behavioural biometrics technology.

Sportsbet reduced fraud loss by over 80% and decreased chargebacks over 82% by collaborating with Accertify, revolutionising fraud prevention in the online wagering industry.

Australian consumers are increasingly concerned about online shopping security, especially amid the festive season, reveals recent survey.

Over half of Australians would choose the stress of tax filings rather than dealing with scam messages, a McAfee study reveals.

Rise in online fraud prompts Payment Service Providers to seek innovative third-party solutions for prevention.

One in Three UK consumers believes that over half of online ads are now AI generated but are unaware of how risky they are to click on.

The Government has boosted its funding to combat online scams and fraud, as Australians have now lost almost AUD $200 million to scammers this year alone.

Tie-up offers MPGS customers access to Vesta’s Payment Guarantee and Payment Protect solutions, resulting in higher transaction approval rates.

Cloudflare is entering the fraud detection market with its Cloudflare Fraud Detection tool to help businesses combat online fraud.

The personal finance experts at money.co.uk, in their 2022 Fraud Report, have revealed the average monthly losses to fraudsters in 2022 to be over £333 million.

The latest specialised bots now make it far easier and quicker for fraudsters to fool their targets into providing their authentication codes or OTPs.

Norton research predicts that economic pressures in 2023 will create the perfect environment for cyber scammers to exploit vulnerable individuals.

Nearly a quarter of New Zealanders (22%) surveyed said they tend to take more risks when online shopping during the holiday season than other times of the year.

Death and taxes are inevitable. So too is the rise of cyber incidents hitting organisations where it hurts most: the bottom line.

CEO fraud, a form of financial theft, is on the rise with global losses reaching USD $43 billion in 2021, warns FBI. .

Forter has partnered with the Accent Group to help automate and scale the footwear firm’s eCommerce business, using its Trusted Conversions solution.

Forter partners with Save the Children Australia to reduce card testing fraud by deploying the company’s Trusted Conversions solution.

Identity theft and online fraud are on the rise, but data protection laws are evolving to combat them. Here are three key steps to address data privacy.