Fraud prevention stories - Page 2
Enterprise losses from artificially inflated traffic to drop
Last month
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uc
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telco
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rcs
A Juniper Research study reveals global enterprise losses from Artificially Inflated Traffic are set to drop by 55% from 2024 to 2029, following a peak of USD $2.1 billion in 2023.
UK consumers concerned as mobile fraud & attacks rise
Last month
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malware
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gaming
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digital entertainment
Research by Appdome reveals that 41% of UK consumers have faced mobile fraud, highlighting urgent security concerns as they shift towards app-based transactions.
UK civil servants increase data sharing within government
Last month
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digital transformation
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financial systems
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collaboration
A recent survey reveals that 74% of civil servants are now sharing data across government departments, yet only 34% are collaborating with the private sector.
New Zealand banks to launch Confirmation of Payee feature
Last month
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email security
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payment technologies
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scams
New Zealand's banking sector is set to launch a Confirmation of Payee feature to combat payment scams and errors starting November 2024.
Bitdefender launches AI platform to tackle online scams
Last month
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edutech
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phishing
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email security
Bitdefender has launched 'Scam Copilot', an AI platform designed to combat online scams, amid concerns over AUD $2.7 billion lost to fraud in Australia.
BlackFog wins AI-based cybersecurity innovation award
Last month
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malware
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ransomware
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cloud security
BlackFog has been honoured with the title of ‘AI-based Cybersecurity Innovation of the Year’ at the 2024 CyberSecurity Breakthrough Awards for its ADX technology.
UK retailers lose $2.6 billion annually to policy abuse
Last month
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cx
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martech
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partner programmes
New research reveals UK retailers are tightening return policies, driven by annual losses of $2.6 billion from fraud and policy abuse.
ANNA introduces biometric checks to combat account fraud
Last month
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surveillance
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biometrics
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fintech
British neo-bank ANNA has launched biometric re-authentication to enhance security, requiring selfies to prevent unauthorised access to business accounts.
Cybersecurity experts stress ongoing vigilance beyond October
Last month
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data protection
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phishing
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advanced persistent threat protection
As Cybersecurity Awareness Month unfolds, experts urge businesses to adopt comprehensive strategies to combat evolving threats and enhance their security measures.
Deepfake scams cost Australian businesses millions, research reveals
Last month
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physical security
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email security
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genai
Research by Mastercard reveals deepfake scams have targeted 36% of Australians, resulting in millions in losses, with many unaware they're victims.
Singapore survey shows growing demand for mobile app security
Last month
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malware
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financial systems
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cybersecurity
A survey by Appdome and OWASP shows 80.7% of Singaporeans expect proactive anti-fraud measures in mobile apps, highlighting rising security demands.
Easy Crypto reveals $2.7m returned to fraud victims
Mon, 23rd Sep 2024
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cryptocurrency
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blockchain
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bitcoin
Easy Crypto becomes the first exchange to disclose fraud refunds totalling $2.7M, stressing security as about 50% of Aussies & Kiwis show crypto interest.
Exclusive: G+D's Gabrielle Bugat discusses future innovations in ePayments
Fri, 13th Sep 2024
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cryptocurrency
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blockchain
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cleantech
In an exclusive interview, Gabrielle Bugat, CEO of Giesecke+Devrient ePayments, discusses the dynamic future of payments, prioritising security, sustainability, and inclusivity.
Vonage & SAP join forces to advance generative AI solutions
Thu, 12th Sep 2024
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fleet management
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genai
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ai
Vonage and SAP partner to integrate Vonage’s APIs with SAP Business AI, enhancing enterprise intelligence with generative AI, business insights, and digital experiences.
Australian businesses must adapt to payment trends: Worldpay
Mon, 2nd Sep 2024
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cryptocurrency
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cx
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blockchain
Australian consumers' payment preferences are evolving, with security and variety boosting revenue potential, says Worldpay's new report.
ParallelChain Lab to unveil AI at Interspeech 2024 in Greece
Tue, 27th Aug 2024
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iot
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data privacy
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ai
ParallelChain Lab will showcase its cutting-edge voice anti-spoofing AI at the Interspeech 2024 Conference, revolutionary for voice-based security and identity verification.
Adatree launches Insights to enhance fraud prevention in finance
Thu, 15th Aug 2024
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fintech
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cx
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martech
Adatree launches 'Insights' product suite to boost fraud prevention and operational efficiency, leveraging Open Banking.
Australia's superannuation funds fortified against cyber threats
Wed, 14th Aug 2024
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email security
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cybersecurity
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scams
As Australia's superannuation assets reach $3.3 trillion, cybercriminals increasingly target these lucrative funds. Transmit Security and Wrkr partner to defend super funds.
Visa Cross-Border solutions: Enhancing Australia's B2B payments
Tue, 13th Aug 2024
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fintech
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ai
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ml
Visa Cross-Border Solutions, in partnership with Currencycloud, is revolutionising B2B payments in Australia by enhancing multi-currency transactions.
Progress launches MarkLogic FastTrack to enhance data insights
Thu, 1st Aug 2024
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data analytics
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apps
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development
Progress launches MarkLogic FastTrack toolkit, boosting efficiency in developing data-driven apps with enhanced visual exploration of complex data.