Online fraud stories
Australians would prefer tax stress over dealing with scam messages
Over half of Australians would choose the stress of tax filings rather than dealing with scam messages, a McAfee study reveals.
Third-party solutions herald new era in online fraud prevention
Rise in online fraud prompts Payment Service Providers to seek innovative third-party solutions for prevention.
1 in 3 UK customers wary of AI-generated ads: Menlo Security
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.
Australians hit hard by online scams and fraud this year
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.
Mastercard ramps up fraud protection for eCommerce
Tie-up offers MPGS customers access to Vesta’s Payment Guarantee and Payment Protect solutions, resulting in higher transaction approval rates.
Cloudflare takes on online fraud detection market
Cloudflare is entering the fraud detection market with its Cloudflare Fraud Detection tool to help businesses combat online fraud.
67% rise in fraud losses in the UK in 2022, says money.co.uk
The personal finance experts at money.co.uk, in their 2022 Fraud Report, have revealed the average monthly losses to fraudsters in 2022 to be over £333 million.
Now bots are robocalling to phish for two-factor authentication codes
The latest specialised bots now make it far easier and quicker for fraudsters to fool their targets into providing their authentication codes or OTPs.
Norton says the economy will shape threat landscape in 2023
Norton research predicts that economic pressures in 2023 will create the perfect environment for cyber scammers to exploit vulnerable individuals.
Norton study highlights Kiwi's risky eCommerce behaviours
Nearly a quarter of New Zealanders (22%) surveyed said they tend to take more risks when online shopping during the holiday season than other times of the year.
Case study: Why cybersecurity insurance is essential for your business
Death and taxes are inevitable. So too is the rise of cyber incidents hitting organisations where it hurts most: the bottom line.
The growing threat of CEO fraud and how to mitigate it
CEO fraud, a form of financial theft, is on the rise with global losses reaching USD $43 billion in 2021, warns FBI. .
Accent scales up its eCommerce business with Forter
Forter has partnered with the Accent Group to help automate and scale the footwear firm’s eCommerce business, using its Trusted Conversions solution.
Save the Children selects Forter to curb donation fraud
Forter partners with Save the Children Australia to reduce card testing fraud by deploying the company’s Trusted Conversions solution.
Asia’s data privacy landscape is ‘coming of age’ – how can businesses cope?
Identity theft and online fraud are on the rise, but data protection laws are evolving to combat them. Here are three key steps to address data privacy.
L’Occitane Japon reduces fraud with Forter’s platform
L’Occitane Japon increases revenue, reduces chargebacks and fraud, and creates a seamless customer experience with Forter’s fully automated platform.
Digital commerce fraud: What it is and how to stop it
Australia and New Zealand experience a surge in eCommerce sales, but face the challenge of rising online fraud.
6 significant changes to online fraud we saw in 2021
SEON Fraud Prevention co-founders discuss the top trends that changed fraud in 2021, including the rise of Ransomware as a Service and easier online fraud.
Online credit card fraud on the rise leading up to holiday season
Credit card fraud has seen a significant increase in Australia, particularly online, according to analysis from AusPayNet.
F5 extends Shape Security portfolio to protect against account takeover attacks
F5 has announced multiple security offerings with the intention of helping to safeguard digital experiences with comprehensive account takeover protection.
AI-driven counter fraud platform utilised by eftpos to help prevent cybercrime
eftpos launches AI-driven counter fraud platform to combat online cybercrime in Australia. Developed by Featurespace. #Cybersecurity #AI #Australia.
Video: 10 Minute IT Jams — Who is Forter?
Forter, a SaaS-based fraud detection company, works with global online retailers and banks to provide real-time trust analysis.
GBG and SEON strengthen online fraud prevention for financial institutions
GBG partners with SEON to bolster online fraud prevention for banks and fintechs, offering technology integrated into the GBG Intelligence Center.
Scams number one online crime
Scams make up 56% of all online fraud attacks, according to new research from cyber intelligence company Group-IB.