Online fraud stories
Scams make up 56% of all online fraud attacks, according to new research from cyber intelligence company Group-IB.
Forter, the eCommerce fraud prevention company, has raised $300m in funding, doubling its revenue and reaching a $3bn valuation.
Nuance enhances Gatekeeper AI to better protect seniors from fraud, prioritising elderly callers in call centres amid rising cyber threats during COVID-19.
Cloudera's unified data and analytics approach aids financial institutions worldwide in reducing crime costs, enhancing security, and boosting customer trust.
Black Friday is arguably the most anticipated retail sales period in the world, when brands offer consumers the largest discounts and promotional offers.
The LexisNexis study found that there was an average of almost 400 successful monthly fraudulent transactions in the South East Asia region.
YouAppi aims to allow brands to make real-time adjustments and optimise marketing efforts in order to reach customers at any point in the funnel.
Finance leaders must embrace new technologies and combat fraud to drive growth and mitigate risks, says SAP Concur.
The FBI, with the help of F-Secure, has dismantled the 3ve ad fraud ring that manipulated traffic from 1.7 million IPs, generating USD $30 million in revenue.
Mobile app fraud has risen by 680% since 2015, as hackers target mobile channels for fraud, according to RSA Security's Q1 2018 Fraud Report.
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.
Cybercriminals are ditching the 'quick buck' methods of stealing credit cards and are instead going after identity data.
Rampant online fraud in APAC is shaking consumer trust in digital services, with a new study revealing one in five people directly impacted by fraud.
UK watchdog Action Fraud has released details of an complex email phishing scam that has been touted as a much needed warning for the public.
Physical credit card fraud is on the decline as online fraud takes its place, according to new statistics from the Australian Payments Network.
A professional ecosystem has emerged that is providing e-learning courses to allow aspiring cybercriminals to make USD$12k in monthly earnings.
Almost half of APAC businesses lack specific policies on personal device use for work, leaving them vulnerable to security threats, according to EY.
The service has been put through a robust Privacy Impact Assessment and it was developed in accordance with New Zealand's current privacy legislation.
High early adoption rates and extensive mobile device use make Asia the ideal testing ground for fintech development.
This unease is warranted given the growing sophistication of scammers and their activities, and numbers of attempted fraud.
