Fraud stories
Endowus teams with Twilio to enhance platform security
This month
#
cybersecurity
#
sms
#
fraud
Endowus has teamed up with Twilio to enhance security on its digital wealth platform, addressing a surge in fraud cases with advanced verification measures.
UK sees 63% rise in savings accounts used for fraud
This month
#
credit card fraud
#
money laundering
#
fraud
Reports indicate a staggering 63% rise in the misuse of savings accounts for fraud in the UK last year, outpacing a 12% increase in current accounts.
Crisis communications in the AI era – Are you ready for the new robots, machines and engines?
This month
#
digital transformation
#
cx
#
martech
As AI revolutionises our lives, companies must prepare for its impact on crisis management, addressing risks and harnessing opportunities to protect their reputation.
How finance teams can catch fraud early and increase audit efficiency
This month
#
risk & compliance
#
genai
#
ai
Finance teams are urged to enhance fraud detection and audit efficiency as businesses face increasing revenue losses and evolving tactics amidst economic pressures.
Bad AI, good AI: harnessing AI for a stronger security posture
This month
#
malware
#
data protection
#
cloud security
AI's dual impact on security is stark; while cybercriminals leverage its power to craft sophisticated attacks, security teams harness its potential to enhance threat detection.
Insurance executives see opportunity in $1.8 trillion gap
Last month
#
ai
#
cybersecurity
#
cleantech
A recent survey reveals that 79% of insurance executives feel a moral duty to address the USD $1.8 trillion global protection gap, viewing it as a key business opportunity.
Healthcare tops data breach incidents in 2024, surpassing finance
Last month
#
ransomware
#
physical security
#
breach prevention
Kroll's latest report reveals the healthcare sector was the most targeted by data breaches in 2024, accounting for 23% of all incidents, surpassing finance.
European travel sector faces payment system inefficiencies
Last month
#
fintech
#
payment technologies
#
fraud
A new study by Modulr reveals that 96% of European travel leaders find their payment systems inadequate, leading to inefficiencies and wasted time.
Businesses face growing threat from deepfake scams, Forrester warns
Last month
#
breach prevention
#
ai
#
cybersecurity
A Forrester Research report reveals that the rise of deepfake technology poses significant risks for businesses, with scams costing firms millions.
Kaspersky blocks over 893 million phishing attempts in 2024
Last month
#
malware
#
cryptocurrency
#
blockchain
In 2024, Kaspersky blocked over 893 million phishing attempts, a 26% rise from 2023, as cybercriminals exploited trusted brand names to deceive users.
Telstra & CommBank extend partnership to combat fraud
Last month
#
advanced persistent threat protection
#
physical security
#
cybersecurity
Telstra and CommBank have announced an extension to their partnership, introducing new 'Fraud Indicator' technology to enhance fraud detection and protect against identity theft.
Concerns rise over digital ID storage on phones in the UK
Last month
#
physical security
#
iam
#
data privacy
A Thales survey reveals that one-third of UK residents are storing official ID on their phones, raising alarms over potential identity fraud.
Kapwork launches platform to streamline invoice factoring
Last month
#
it automation
#
risk & compliance
#
transparency
Kapwork has launched its innovative Kapwork Verify platform to automate invoice factoring, claiming a potential 20% cut in operational costs for businesses.
Lack of whistleblowing systems undermines ESG in Australia
Last month
#
dei
#
transparency
#
investment
Report It Now raises alarm over the inadequate whistleblowing infrastructure in Australian firms, jeopardising Environmental, Social, and Governance commitments.
United Kingdom loses record GBP £306m to crypto scams in 2023
Last month
#
cryptocurrency
#
blockchain
#
phishing
Cryptocurrency scams have surged in the UK, with victims losing GBP £306 million in 2023, prompting warnings for greater vigilance in the digital currency market.
Top mobile messaging disruptors unveiled for 2025
Tue, 28th Jan 2025
#
uc
#
supply chain & logistics
#
telco
Juniper Research has highlighted Sendbird, Front, and Sleekglow as top disruptors in the mobile messaging sector for 2025, aiming to challenge established players.
Zendesk exploit allows phishing scams, CloudSEK reports
Wed, 22nd Jan 2025
#
endpoint protection
#
phishing
#
email security
CloudSEK's latest report reveals how cybercriminals exploit Zendesk's subdomain feature to create convincing phishing scams, risking brand trust and security.
How malicious bots disrupt the holiday travel season
Sat, 28th Dec 2024
#
cx
#
martech
#
advanced persistent threat protection
As Australian airlines brace for the bustling holiday season, they face a rising tide of malicious bots threatening customer trust and revenue.
PayPal warns Aussies of risky shopping ahead of sales
Thu, 26th Dec 2024
#
email security
#
payment technologies
#
ecommerce
PayPal's latest research reveals a 9% rise in risky shopping habits among Australians ahead of Boxing Day, raising alarm over potential scams.
Businesses face $2.58 million in losses per hour from bots
Fri, 20th Dec 2024
#
endpoint protection
#
martech
#
commerce systems
Cequence warns businesses could face average losses of USD $2.58 million per hour this December due to surging malicious bot traffic and fraud.