Fraud Awareness Week stories
Netsafe reports 86% rise in identity fraud and 37% increase in investment fraud in New Zealand, sparking concern over online safety.
New Zealanders are being urged to trust their instincts and be cautious of unexpected phone calls as part of International Fraud Awareness Week.
New Zealanders lose NZD $24.7mil annually to scam calls, prompting the NZ Telecommunications Forum to intensify its anti-fraud campaign.
Australian firms are urged to strengthen defences as global occupational fraud losses reach USD $3.1 billion amid rising complex scams and cyber threats.
AI-driven digital fraud, including deepfakes and fake personas, could cost firms USD $11.5 billion globally by 2027, outpacing traditional defences.
Riskified urges shoppers and merchants to stay vigilant against rising AI-driven eCommerce fraud as holiday online sales may hit USD $311 billion in 2025.
Fraud risks rise as firms overlook obsolete tech; underinvestment in end-of-life IT assets could cost USD $27.1m per breach, warns Iron Mountain's Asia Pacific GM.
Australian firms face rising fraud risks as AI-driven phishing attacks exploit human error, urging stronger security culture ahead of International Fraud Awareness Week.
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.
The Association of Certified Fraud Examiners (ACFE) has estimated that occupational fraud costs businesses around the world more than USD$4.7 trillion annually.