Fraud prevention stories - Page 2

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.

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.

AI-powered scams have caught Australians out, with losses hitting AUD $945M in 2024 as fraudsters exploit sophisticated, multi-channel tactics.

LexisNexis has upgraded its IDVerse platform with advanced deepfake detection and unified fraud controls, improving security and user experience globally.

By 2026, AI-driven deepfakes and cyber threats will transform digital identity, forcing firms to adopt continuous verification and quantum-safe cryptography.

Retailers in Australia and New Zealand must act like technology firms, using real-time data and strong security to thrive during peak shopping seasons.

AI-driven fraud, including synthetic identities and real-time deepfake attacks, surges in financial services, prompting urgent defence upgrades for 2026.

Australia's real-time network has blocked over AUD $60m in fraud attempts, protecting 85% of bank customers with advanced behavioural payment analysis.

Success in China’s booming $378 billion cross-border eCommerce market hinges on clean, accurate data-not just logistics-for speedy delivery and happy customers.

Friendly fraud is set to rise by 25% over the peak holiday shopping days, with transactions averaging USD $291, costing retailers billions globally.

Fraud losses in the UK surged to GBP £1.17 billion in 2024, with Black Friday scams and unauthorised card fraud sharply increasing online threats.

Australian retailers face rising cyber threats ahead of Black Friday, with fraud and losses surging as online shopping peaks during the holiday sales period.

AI-driven identity fraud spikes with deepfakes causing 58% rise in biometric scams and a 40% surge in injection attacks, says Entrust report.

Norton 360 Advanced secures up to ten devices with AI-driven scam protection, offering antivirus, VPN, identity monitoring and deepfake alerts across platforms.

Secure data sharing via Consumer Data Right and Digital ID could streamline real estate processes, easing rental applications and boosting privacy in Australia's market.

Retailers face rising digital and cyber threats this Black Friday, with only 22% of sites optimised for mobile user experience amid surging online traffic.

Seventy percent of Australians plan to shop online this holiday season, with AI tools and Buy Now, Pay Later options driving a digital surge in sales.

AI-driven scams are posing a growing threat to New Zealand shoppers this Black Friday, as fraudsters create realistic fake websites to trick consumers.

AI red teaming blends security tactics with safety goals to prevent exploits in chatbots, defending users from harm beyond classic cyber threats.

With AI fakes on the rise, owning verifiable, private credentials is key to protecting your identity and proving your truth online in 2025.