Online fraud stories

SEON’s technology is fully integrated into the GBG Intelligence Center to effectively use email, IP, phone, and social media as alternative data for fraud detection, while meeting compliance and data privacy needs.>>

“Today scam is more than just solitary fraudulent web pages, it’s an entire industry with advanced technologies under the hood.">>

Forter has doubled its revenue in the last 12 months, raising $300 million for a $3 billion valuation.>>

The tool utilises intelligence voice detection capabilities to let enterprises identify if callers are over the age of 65 and, if so, prioritise their call, get them to a live agent for service and better protect them from fraud.>>

The service has been put through a robust Privacy Impact Assessment and it was developed in accordance with New Zealand’s current privacy legislation.>>

With the volume of valuable financial data increasing by the second, how do businesses ensure they balance expectations for robust security controls from customers with their need for convenience?>>

High early adoption rates and extensive mobile device use make Asia the ideal testing ground for fintech development. >>

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.>>

“The CFO and finance team are crucial to an organisation’s success.">>

Ad fraud ring 3eve used botnets to generate nearly 30 million dollars in fraudulent ad revenue.>>

This unease is warranted given the growing sophistication of scammers and their activities, and numbers of attempted fraud.>>

As our lives become increasingly ensconced within apps on our mobiles, it seems so too does cybercrime with fraud "not going away anytime soon.">>

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.>>

The study found that on average, trust in digital services is relatively low across the region...>>

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.>>

A professional ecosystem has emerged that is providing e-learning courses to allow aspiring cybercriminals to make USD$12k in monthly earnings.>>

"Current cyber policies are inadequate in safeguarding against rogue employees and criminals who are intent on stealing data, IP and even cash.">>

86% of respondents with operations in China experienced a fraud incident last year, a 13% jump since 2015.>>

Radar works by using algorithms to detect patterns and instances of likely fraud. As it learns, its defences become more powerful over time.>>

“This company is the subject of numerous complaints & Fair Trading has been unable to make contact with the business owner despite numerous attempts.">>

Decreasing the risk of bank fraud and improving the customer experience are both based on knowing the customer - can they work together?>>