Fraud prevention stories
AI-driven phishing attacks targeting Australian businesses surged in 2024, with over 30 million attempts recorded, making Australia the eighth most targeted country.
McAfee launches AI Scam Detector for Australians amid surge, targeting texts, emails and videos with 99% detection accuracy to curb rising online scams.
Visa launches AI-powered solutions and partnerships across Asia Pacific, aiming to transform digital commerce with secure, seamless payments and new innovations.
Over a third of APAC consumers now use AI for shopping, boosting convenience and new brand discoveries, says Adyen's 2025 report.
Cyberattacks have drained AU$500,000 from Australian super funds, exposing 12.6 million members and prompting calls for stronger, layered digital defences.
SEON expands its Asia-Pacific team in response to growing demand for advanced fraud prevention and anti-money laundering solutions across the region.
Skyfire partners with Cequence Security to enable secure, compliant digital access for autonomous AI agents in the emerging AI economy.
Adidas has suffered a data breach via a third-party provider, exposing customer information and highlighting rising cyber risks in retail supply chains.
Cybersecurity firm Infoblox warns of Hazy Hawk, a threat actor hijacking DNS records from abandoned cloud resources to spread scams and malware worldwide.
Awareness of retail fraud surges via social media, with risks looming at USD $107bn by 2029 as consumers grow tempted and acceptance rises.
DenizBank has adopted Red Hat OpenShift AI, accelerating AI model deployment and cutting development time from days to just 10 minutes in its financial services.
Temu has joined the International Anti-Counterfeiting Coalition's Marketplace Advisory Council to strengthen efforts against online counterfeit goods.
Ecommpay has been shortlisted for three awards at the PayTech Awards 2025, recognising innovation in payments, anti-fraud, and diversity leadership.
First-party fraud now tops global cyberattacks, rising to 36% of cases in 2024, according to LexisNexis Risk Solutions' Cybercrime Report.
EU member states urge social media firms to verify advertisers to curb a EUR €4.3bn investment scam crisis sweeping across Europe.
LexisNexis Risk Solutions will spotlight property, motor, and identity data enrichment at BIBA Conference 2025 to boost brokers' efficiency and customer experience.
Akamai has launched DNS Posture Management, offering centralised control over DNS assets across multicloud platforms to enhance security and compliance.
Significant rise in identity fraud targeting European firms, with 59% reporting more attacks despite 74% feeling confident in their defences, Signicat finds.
India is harnessing AI and sustainability to transform technology, driving economic growth and enhancing cybersecurity on National Technology Day 2025.
BioCatch appoints Andreas Dombret as senior advisor to boost global growth and fight financial crime with innovative technology.