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Fraud Stories - Page 12

Kiwi Stories

Fraud stories

Netsafe launches online safety programme for seniors in New Zealand
Email Security

Netsafe launches online safety programme for seniors in New Zealand

Netsafe, a charitable organisation in New Zealand, has launched 'Get Set Up for Safety', a nationwide initiative to equip senior citizens with skills to combat online threats such as fraud and scams.

By Catherine Knowles • 3 min read • Thu, 15th Feb 2024

Global Stories

Fraud stories

Biometrics market projected to reach USD $173.7bn by 2032, says report
Surveillance

Biometrics market projected to reach USD $173.7bn by 2032, says report

The surge in demand for secure identification boosts the market valuation of biometrics technology, set to rise from USD $50.3bn in 2023 to USD $173.7bn by 2032, according to DataHorizzon Research.

By Kaleah Salmon • 3 min read • Wed, 17th Apr 2024
BlackLine launches AI tool to revolutionise financial risk analysis
Risk & Compliance

BlackLine launches AI tool to revolutionise financial risk analysis

Digital finance firm, BlackLine, unveils its AI-driven Journals Risk Analyser, an innovation set to revolutionise audits, risk management, and compliance in the finance sector.

By Sean Mitchell • 2 min read • Fri, 12th Apr 2024
Radware unveils latest version of AI-based Bot Manager
Firewalls

Radware unveils latest version of AI-based Bot Manager

Cybersecurity firm Radware introduces a new Bot Manager to proactively mitigate advanced bot attacks whilst ensuring genuine user experience.

By Tom Raynel • 3 min read • Tue, 2nd Apr 2024
Financial institutions increasingly deploy AI in fight against fraud
Risk & Compliance

Financial institutions increasingly deploy AI in fight against fraud

Amid growing fraud concerns, a study reveals 70% of financial institutions are turning to AI and machine learning to bolster defenses, marking a notable shift towards tech innovation.

By Kaleah Salmon • 3 min read • Tue, 2nd Apr 2024
PPRO bolsters leadership with new legal & compliance appointments
Fintech

PPRO bolsters leadership with new legal & compliance appointments

PPRO has bolstered its leadership, appointing Selene Brett as Chief Legal, Risk and Compliance Officer, and Marc Kuzak and Massimiliano Conte as Legal and Compliance Director respectively to bolster governance.

By Imee Dequito • 3 min read • Mon, 11th Mar 2024
Are C-suite executives cybersecurity's weakest link?
Ransomware

Are C-suite executives cybersecurity's weakest link?

C-suite executives, often the weakest security link in organisations, are a significant target for cyber threats, amid a surge in cyber attacks.

By Shannon Williams • 3 min read • Fri, 8th Mar 2024
Generative AI set to reshape anti-fraud efforts by 2024
Robotics

Generative AI set to reshape anti-fraud efforts by 2024

83% of anti-fraud professionals to deploy generative AI in anti-fraud activities within two years, says 2024 Anti-Fraud Technology Benchmarking Report, despite earlier lag behind expectations.

By Catherine Knowles • 3 min read • Fri, 23rd Feb 2024
Appdome bolsters mobile fraud fight with Geo Compliance feature set
Risk & Compliance

Appdome bolsters mobile fraud fight with Geo Compliance feature set

Mobile app security firm Appdome introduces Geo Compliance feature set to fight mobile fraud and aid brands in verifying user location.

By Catherine Knowles • 3 min read • Mon, 19th Feb 2024
SpendConsole expands AI-powered AP automation to Dubai
Advanced Persistent Threat Protection

SpendConsole expands AI-powered AP automation to Dubai

AI-powered accounts payable firm SpendConsole expands into the Middle East, opening a new office in Dubai amidst rising demand for automation solutions.

By Sean Mitchell • 2 min read • Fri, 16th Feb 2024
'Artificial Inflation of Traffic' scams skyrocket in 2023
Artificial Intelligence

'Artificial Inflation of Traffic' scams skyrocket in 2023

A Swedish report exposes a disturbing surge in Artificial Inflation of Traffic (AIT) fraud, with 20 billion fraudulent SMS messages costing organisations a total of $1.16 billion in 2023.

By Catherine Knowles • 3 min read • Thu, 15th Feb 2024
Rise in Valentine's Day scamming on dating apps, warns Cequence Security
Advanced Persistent Threat Protection

Rise in Valentine's Day scamming on dating apps, warns Cequence Security

This Valentine's Day, Cequence Security's alarming research reveals an increase in scamming activity on dating apps, with fraudsters posing as romantic prospects to exploit users financially.

By Sean Mitchell • 3 min read • Wed, 14th Feb 2024
Decline in trust with SMS platforms predicted by new XConnect study
Phishing

Decline in trust with SMS platforms predicted by new XConnect study

A study by XConnect and Mobilesquared reveals CPaaS providers are expected to lose nearly a quarter of trust in SMS platforms between 2023 and 2025 due to potential fraud risks.

By Catherine Knowles • 3 min read • Thu, 8th Feb 2024
SEON joins AWS ISV Accelerate Program to enhance fraud prevention
Hyperscale

SEON joins AWS ISV Accelerate Program to enhance fraud prevention

Online fraud prevention leader SEON steps into Amazon Web Service's Independent Software Vendor Accelerate Program, expanding its pioneering platform's accessibility and reach.

By Catherine Knowles • 2 min read • Wed, 7th Feb 2024
Riskified enhances Dispute Resolve to tackle Australian eCommerce fraud
Digital Transformation

Riskified enhances Dispute Resolve to tackle Australian eCommerce fraud

Riskified's Dispute Resolve platform expands its services in Australia, aiming to aid merchants facing a post-holiday surge in chargebacks. The platform can streamline and accelerate revenue recovery through AI and gateway integrations.

By Sean Mitchell • 3 min read • Tue, 6th Feb 2024

Stories from Other Regions

Fraud stories

AI-powered localised scams on the rise, banking fraud trend takes off
Advanced Persistent Threat Protection

AI-powered localised scams on the rise, banking fraud trend takes off

BioCatch warns of increasing trend of fraudsters using AI to personalise scams across Europe, with digital fraud and financial crime escalating. Meanwhile, the UK sees notable drop in voice scams.

By Catherine Knowles • 3 min read • Fri, 29th Mar 2024
BT Group partners with Optiva for AI & blockchain integrated services
Blockchain

BT Group partners with Optiva for AI & blockchain integrated services

UK telecoms giant, BT Group, launches AI and blockchain services in collaboration with cloud specialist, Optiva, targeting banking, healthcare and insurance sectors.

By Catherine Knowles • 3 min read • Wed, 31st Jan 2024