Fraud prevention stories - Page 22

A recent report reveals that criminals are increasingly employing artificial intelligence to enhance bank scams, making them harder to detect.

A study by Juniper Research predicts a global 18% rise in remote physical goods fraud by 2025, with losses reaching USD $10 billion, driven by advanced tactics.

Entrust has launched a new AI-based identity verification service to help businesses tackle rising online fraud, which cost US firms USD $112 billion in 2024.

SUSE has launched the SUSE Edge Suite and SUSE Edge 3.2, aiming to enhance retail operations through innovative edge computing solutions.

Microblink has reported robust growth in 2024, buoyed by rising demand for its identity verification solutions and expanded integration on Google Cloud.

The travel industry is increasingly under siege from malicious bots, which now make up 44.5% of sector traffic, threatening airline revenue and customer security.

Experts predict that 2025 will revolutionise AI in banking, enhancing fraud prevention, risk management, and customer experience, according to SAS.

Fintech executives foresee 2025 shaped by evolving fraud tactics, AI, open banking regulation, and changing consumer demands in the mortgage market.

LexisNexis Risk Solutions has announced plans to acquire IDVerse, aiming to enhance its fraud management capabilities with AI-powered technology.

Ping Identity has been hailed as a leader in access management and customer identity solutions, achieving top scores in major industry reports for 2024.

Allaying rising concerns about privacy and security is critical for organisations and institutions that want to survive and thrive.

As the festive shopping season approaches, researchers have identified nearly 80,000 counterfeit websites, endangering online shoppers seeking deals.

Yuno now offers Mastercard's Click to Pay, a secure checkout solution aimed at reducing cart abandonment and enhancing the eCommerce experience.

In a new article, Shira Itzhaki from Forter examines the dual role of bots in eCommerce, highlighting the challenge of distinguishing harmful from helpful bots.

A new report reveals a staggering 19% rise in global fraud attacks, largely fuelled by AI exploitation, highlighting urgent need for improved detection measures.

AppsFlyer launches an AI enhancement layer for its Protect360 fraud prevention solution, tackling the rising threat of sophisticated advertising fraud.

As International Fraud Awareness Week unfolds, experts warn businesses about the rising threat of Business Email Compromise, urging vigilance amid evolving cyber risks.

Hornetsecurity has unveiled DMARC Manager, a tool designed to simplify email security for organisations managing multiple domains amid rising fraud threats.

The Entrust Cybersecurity Institute's 2025 report reveals AI-assisted fraud incidents surged, with deepfake attacks hitting every five minutes in 2024.

Researchers at Barracuda report that evolving AI bots, termed 'grey bots', are increasingly challenging online security by mimicking human behaviour.