Scams Stories - Page 7

Kiwi Stories

Scams stories

New Zealand digital scams cost exceed NZD $2.3 billion

A report reveals that digital scams cost New Zealanders over NZD $2.3 billion in 2024, with online shopping scams now the most prevalent.

By Sean Mitchell • 3 min read • Tue, 19th Nov 2024

Email Security

New Zealand banks to launch Confirmation of Payee feature

New Zealand's banking sector is set to launch a Confirmation of Payee feature to combat payment scams and errors starting November 2024.

By Catherine Knowles • 3 min read • Thu, 17th Oct 2024

Multi-factor authentication

'How much crypto users buy' is the wrong success metric for a crypto exchange

Easy Crypto reveals it returned NZD $2.7M to customers affected by fraud, shifting focus from trading volume to security and user protection in the crypto space.

By Janine Grainger • 3 min read • Wed, 25th Sep 2024

Phishing

Financial losses from NZ cybercrime rise to $6.8m in Q224

New Zealand cybercrime losses surge to $6.8 million in Q2 2024, with unauthorised access incidents skyrocketing to $3.6 million, NCSC data shows.

By Shannon Williams • 3 min read • Fri, 20th Sep 2024

Global Stories

Scams stories

Crypto

Identity fraud in Europe surges by 150%, deepfakes on the rise

Identity fraud in Europe has surged by 150% year-on-year, with deepfake use escalating sharply and businesses reporting widespread challenges.

By Catherine Knowles • 3 min read • Wed, 20th Nov 2024

Malware

Sextortion scams surge with personal data to extort money

New Barracuda research reveals a surge in personalised sextortion attacks, where cybercriminals leverage victims' personal data for increased blackmail pressure.

By Sean Mitchell • 3 min read • Mon, 18th Nov 2024

Malware

Bitdefender unveils Scamio tool to tackle Discord scams

Bitdefender has launched Scamio on Discord, a free tool designed to protect users from rising scams on the platform, which has over 200 million monthly users.

By Melania Watson • 3 min read • Tue, 5th Nov 2024

Malware

AI impersonation scam targets ChatGPT subscription users

Barracuda Networks has uncovered a phishing campaign where attackers impersonated OpenAI, misleading businesses into updating ChatGPT payment details.

By Melania Watson • 3 min read • Fri, 1st Nov 2024

Email Security

New Zealanders losing $3.8m weekly to online scams

New Zealanders are losing $3.8 million weekly to scammers, prompting the NCSC to call for heightened vigilance during Cyber Smart Week.

By Shannon Williams • 3 min read • Wed, 23rd Oct 2024

Data Analytics

Symbio launches AI-based Scam Shield to tackle scam calls

Symbio Holdings has launched Scam Shield, an AI system designed to enhance scam detection in voice and messaging services, starting in Australia.

By Catherine Knowles • 2 min read • Thu, 17th Oct 2024

Phishing

Protect your mini-me: How to prevent child identity theft

Worried about child identity theft? Our guide offers 10 steps on how to prevent child identity theft so you can safeguard your little one's future.

By Stephen Kho • 4 min read • Thu, 17th Oct 2024

Physical Security

Deepfake scams target 29% of New Zealanders, costing millions

Research by Mastercard reveals nearly a third of New Zealanders and 18% of businesses have fallen victim to deepfake scams, costing millions over the past year.

By Melania Watson • 3 min read • Thu, 10th Oct 2024

Stories from Other Regions

Scams stories

Unified Communications

Fed gov imposes fines for inadequate scam prevention

The federal government is set to impose fines of up to AUD $50 million on companies failing to implement effective measures against rising fraud.

By Sean Mitchell • 3 min read • Tue, 19th Nov 2024

Email Security

1Wheel revolutionises Australia's private car sales market

Perth startup 1Wheel is revolutionising private car sales in Australia, offering a transparent, no-fee service amid rising living costs.

By Sean Mitchell • 3 min read • Tue, 19th Nov 2024

EduTech

Social media scams cost Australian children AUD $129,700

AUCyber reports that Australian children have lost over AUD $129,700 to social media scams this year, prompting calls for enhanced online safety measures.

By Shannon Williams • 3 min read • Fri, 15th Nov 2024

Phishing

Identity theft affects 13% of Australians, says Norton

Thirteen per cent of Australians have fallen victim to identity theft, highlighting urgent concerns over financial stability and mental health, says Norton.

By Imee Dequito • 3 min read • Thu, 17th Oct 2024