Online fraud stories
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.
Cybersecurity firm BforeAI launches PreCrime Guarantee, pledging up to ten times reimbursement of service contracts if their AI fails to prevent a cyberattack.
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 has launched its Bot Management system, a cybersecurity advancement aimed at thwarting bot-triggered online fraud and abuses.
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.
Rise in online fraud prompts Payment Service Providers to seek innovative third-party solutions for prevention.
Tie-up offers MPGS customers access to Vesta's Payment Guarantee and Payment Protect solutions, resulting in higher transaction approval rates.
New research by PayPal shows a staggering 97% of Australians have been targeted by scammers, with 86% proactively helping others to stay safe online.
A PayPal study reveals 97% of Australians have faced online scam attempts, with most turning to millennials for tech safety support.
The Ministry of Justice's latest crime survey reveals a surge in online fraud, highlighting an urgent need for a coordinated multi-agency response, says Netsafe.
Bitdefender has unveiled Scamio on WhatsApp in Australia, offering an AI-powered tool to tackle online fraud, responding to a high occurrence of scams.
Nearly half of young adults in London are using Prepaid cards to manage finances and avoid debt amid cost of living crisis.
Over 50% of Australian online daters show interest in using AI to enhance their dating experience and avoid scams, according to a Norton survey.
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.
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.
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.
