Fraud prevention stories
RobobAI, an Australian fintech, launches an AI platform to optimise enterprise working capital and enhance B2B payment systems amid economic uncertainty.
Australians are being warned to stay vigilant as online shopping scams surge during Black Friday, with losses exceeding AUD $14.9 million this year.
Cyber incidents in Australia now average AUD $4.26 million per breach, a 27% rise since 2020, highlighting urgent cybersecurity needs.
The federal government is set to impose fines of up to AUD $50 million on companies failing to implement effective measures against rising fraud.
CommBank has unveiled new security features for its mobile app, including digital wallet reviews and scam warnings, to enhance customer protection against 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.
A report reveals that 60% of banking leaders are integrating generative AI technology into operations, outpacing other sectors in adoption rates.
Jumio has appointed Mike Nawrocki as Chief Revenue Officer, bringing over 25 years of sales leadership to enhance its identity verification solutions.
OneStream has unveiled its Sensible AI Library and OneStream Genesis, designed to enhance CFOs' efficiency in financial workflows through innovative AI solutions.
Experts warn that rising digitalisation fuels fraud, with AI aiding cybercriminals, prompting calls for robust security and real-time threat response.
Attestiv has unveiled a new deepfake detection platform to help individuals and businesses tackle the rise of fake videos amid growing digital deception concerns.
Ping Identity has honoured the winners of the 2024 Identity Excellence Awards in Asia Pacific, celebrating outstanding leaders in the identity sector.
Akamai Technologies has launched upgrades to its Account Protector, enhancing security against cyber threats amid rising scams costing shoppers GBP £10 million.
The New Zealand Government is set to implement eInvoicing across all agencies by 2026, promising faster payments and improved accuracy for businesses.
Nationwide has been appointed as a National Ambassador for the National Cyber Resilience Centre Group, aiming to enhance cyber defences for UK SMEs.
As Black Friday approaches, retailers are urged to adopt advanced payment technologies to tackle rising fraud and ensure smooth transactions.
Jumio has formed a strategic partnership with LatticeFlow AI to enhance AI-driven identity verification and bolster fraud protection ahead of EU regulations.