Fraud prevention stories
Digimune and MY CYBER GUARD have teamed up to launch an Australian identity protection service for households and small businesses.
AI-powered scams have caught Australians out, with losses hitting AUD $945M in 2024 as fraudsters exploit sophisticated, multi-channel tactics.
Australia's real-time network has blocked over AUD $60m in fraud attempts, protecting 85% of bank customers with advanced behavioural payment analysis.
One in five Australians has been duped by fake online tickets, losing an average AUD $432 as scams surge ahead of the busy summer events season.
Phone numbers are becoming the new trust filter, helping businesses block fraud, cut wasted messages and secure real, reachable customers.
Mangopay hires former Spotify and GoCardless executive Andy Wiggan as Chief Product Officer to drive wallet-first growth and crypto expansion.
Softonic issues festive-season guide warning of rising scams in fake shops, apps and delivery messages as online bargain hunting surges.
Online gaming faces a hidden surge of fake players; here's how operators can detect bots, fraudsters and protect fair play at scale.
Fi911 launches ResolveLab, a platform simplifying payfac access to Mastercard tools for quick dispute prevention and subscription management globally.
Despite 69% of payments leaders seeing their firms as market frontrunners, only 44% prioritise innovation amid legacy and regulatory hurdles.
US retailers face rising friendly fraud during Cyber Week as 77% of shoppers dispute charges via banks, threatening profits amid USD $43.7bn online spend.
LexisNexis has upgraded its IDVerse platform with advanced deepfake detection and unified fraud controls, improving security and user experience globally.
Retailers in Australia and New Zealand must act like technology firms, using real-time data and strong security to thrive during peak shopping seasons.
New Zealand cyber agency emails 26,000 people in first mass alert over Lumma Stealer malware infecting Windows devices nationwide.
Thirdfort adopts iProov biometrics to streamline UK property ID checks and combat AI-driven fraud in deals worth billions of GBP £1.6bn+.
AI-fuelled synthetic ID fraud is surging, set to cost firms USD $23 billion by 2025 and USD $58.3 billion by 2030 without stronger checks.
Group-IB has launched a Cyber Fraud Intelligence Platform to help UK banks tackle GBP £600m fraud by securely sharing real-time risk signals while ensuring data privacy.
UK banks face rising AI-driven fraud in 2026 as criminals exploit gaps in regulation, prompting calls for urgent cross-sector action to protect consumers.
By 2026, AI-driven deepfakes and cyber threats will transform digital identity, forcing firms to adopt continuous verification and quantum-safe cryptography.
AI-driven fraud, including synthetic identities and real-time deepfake attacks, surges in financial services, prompting urgent defence upgrades for 2026.