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.
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.
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.
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.
'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.
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.
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.
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.
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.
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.
Data Privacy Day: Zoho highlights the need for more education
Data Privacy Day: Zoho stresses the vital need for businesses to educate themselves, increase transparency and bolster data privacy practices as AI use intensifies.
SAS lauded as leader in AML transaction monitoring by Chartis Research
In its inaugural AML transaction monitoring solutions evaluation, Chartis Research recognises analytics giant SAS as a category leader, underscoring its impressive capabilities in analytical modelling, risk typology modelling, and workflow automation.
Artificial Intelligence: the catalyst for transformation in Australia's freight industry
AI-driven transformation is set to revolutionise Australia's freight industry, addressing challenges like driver shortages, underutilisation of capacity, and demand for real-time pricing and visibility.
Instagram influencer marketing expected to hit USD $22 billion by 2025
HypeAuditor report predicts Instagram influencer marketing will reach a dramatic USD $22 billion by 2025, driven by a surge in social e-commerce and a shift to digital advertising.
McGrathNicol becomes Founding Partner in Australian Insider Risk Centre
Advisory firm McGrathNicol has joined the Australian Insider Risk Centre of Excellence as a Founding Partner, set to contribute towards enhancing Australia’s cyber resilience.
Combating cybercrime in NZ with a robust cybersecurity strategy
New Zealand businesses grapple with cybercrime's volatile threat landscape, as incidents across various sectors showcase the dire consequences. A nuanced approach to cybersecurity strategy is vital.
Dow Jones and Oliver Wyman launch predictive credit risk tool
Dow Jones partners with global consulting firm Oliver Wyman to develop Factiva Sentiment Signals, an AI-driven tool able to anticipate credit downgrades using news data, up to three months early.
Rising cyber threats challenge Southeast Asia's booming digital economy
As Southeast Asia's digital economy rapidly reaches $100bn, it is attracting cyber criminals, with 28% of businesses observing an increase in threats alongside their digital expansion.
Daon's xSentinel tackles synthetic audio threats through real-time detection
Daon has launched xSentinel, a real-time detection system designed to protect organisations from synthetic audio threats, including deepfakes and AI-generated voice attacks.
AI to customise cyber threats, predicts cybersecurity firm Gen
Gen predicts AI will customise and escalate cyber threats by 2024, making cybersecurity a daily life necessity.
Festive online shopping security a rising concern for consumers
Australian consumers are increasingly concerned about online shopping security, especially amid the festive season, reveals recent survey.
Predicted surge in AI-fuelled scams in 2024 demands increased vigilance
Rising AI-powered scams forecasted for 2024 necessitate increased vigilance amid financial scams' surge from UK and Australia.
Cybercrime threat escalation prompts vigilance for Black Friday shoppers
Alarming data shows cybercriminals escalating efforts to exploit Black Friday, with a 135% increase in fake retail sites.
Cybersecurity firm Cequence joins Microsoft's Security Copilot Private Preview
Cybersecurity firm Cequence Security is participating in Microsoft's Security Copilot Private Preview, leveraging their Microsoft Security expertise.