Online fraud stories
Most Australians targeted by online scams, study reveals
Last week
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martech
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commerce systems
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email security
New research by PayPal shows a staggering 97% of Australians have been targeted by scammers, with 86% proactively helping others to stay safe online.
97% of Australians targeted by digital scams, says PayPal report
Last week
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martech
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commerce systems
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payment technologies
A PayPal study reveals 97% of Australians have faced online scam attempts, with most turning to millennials for tech safety support.
Netsafe warns of inadequate response to rising online fraud
This month
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edutech
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victim support
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netsafe
The Ministry of Justice's latest crime survey reveals a surge in online fraud, highlighting an urgent need for a coordinated multi-agency response, says Netsafe.
BforeAI launches PreCrime Guarantee offering tenfold reimbursements
Thu, 30th May 2024
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ai
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risk & compliance
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online fraud
Cybersecurity firm BforeAI launches PreCrime Guarantee, pledging up to ten times reimbursement of service contracts if their AI fails to prevent a cyberattack.
Bitdefender launches AI scam detector Scamio on WhatsApp in Australia
Mon, 27th May 2024
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advanced persistent threat protection
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ai
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cybersecurity
Bitdefender has unveiled Scamio on WhatsApp in Australia, offering an AI-powered tool to tackle online fraud, responding to a high occurrence of scams.
There’s a whole new wave of investment scams – and they feature people you might know
Thu, 23rd May 2024
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email security
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ai
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cybersecurity
AI-generated deepfakes are fuelling a new era of investment scams, featuring familiar faces to deceive us. Here's how to spot and avoid these high-tech traps.
Rising prepaid card use in UK amid living cost crisis
Fri, 17th May 2024
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online fraud
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european
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london
Nearly half of young adults in London are using Prepaid cards to manage finances and avoid debt amid cost of living crisis.
Australians show interest in using AI for online dating
Fri, 26th Apr 2024
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email security
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ai
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norton
Over 50% of Australian online daters show interest in using AI to enhance their dating experience and avoid scams, according to a Norton survey.
Fastly introduces Bot Management to combat online fraud
Wed, 3rd Apr 2024
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application security
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breach prevention
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cybersecurity
Fastly has launched its Bot Management system, a cybersecurity advancement aimed at thwarting bot-triggered online fraud and abuses.
Visa's digital payment service uplifts Asia's economy, cuts fraud by 58%
Fri, 29th Mar 2024
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martech
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commerce systems
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payment technologies
Visa's digital economy and anti-fraud efforts in Asia Pacific are making strides. Over USD $2bn in transactions were processed through its Token Service, and merchants reported a 58% decrease in fraud.
One Consortium launched to combat global communications fraud
Tue, 19th Mar 2024
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gsma
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bics
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online fraud
The i3Forum introduces the One Consortium, a global non-profit initiative aimed at restoring public confidence in communications, following a surge in illegal calls and messages.
Zally to transform cybersecurity with behavioural biometrics
Wed, 20th Dec 2023
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online safety
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passwords
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online fraud
Manchester authentication startup Zally is aiming to revolutionise cybersecurity with progressive behavioural biometrics technology.
Festive online shopping security a rising concern for consumers
Wed, 6th Dec 2023
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online fraud
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mfa
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cloud services
Australian consumers are increasingly concerned about online shopping security, especially amid the festive season, reveals recent survey.
Australians would prefer tax stress over dealing with scam messages
Thu, 16th Nov 2023
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digital entertainment
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casb
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ai
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
Sat, 14th Oct 2023
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martech
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cx
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commerce systems
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
Fri, 16th Jun 2023
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malware
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cloud security
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ai
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
Wed, 17th May 2023
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email security
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cybersecurity
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australian federal budget
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
Fri, 12th May 2023
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martech
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commerce systems
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omnichannel
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
Wed, 22nd Mar 2023
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advanced persistent threat protection
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cybersecurity
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cloudfare
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
Wed, 15th Mar 2023
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fintechs
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cybersecurity
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online shopping
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.