Online fraud stories - Page 3
GBG and SEON strengthen online fraud prevention for financial institutions
Wed, 8th Sep 2021
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partner programmes
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martech
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risk & compliance
GBG partners with SEON to bolster online fraud prevention for banks and fintechs, offering technology integrated into the GBG Intelligence Center.
Scams number one online crime
Fri, 11th Jun 2021
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email security
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cybersecurity
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online fraud
Scams make up 56% of all online fraud attacks, according to new research from cyber intelligence company Group-IB.
Forter doubles revenue in 12 months, raising $300 million for a $3 billion valuation
Fri, 28th May 2021
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commerce systems
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martech
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payment technologies
Forter, the eCommerce fraud prevention company, has raised $300m in funding, doubling its revenue and reaching a $3bn valuation.
Nuance revamps AI authentication to protect seniors from fraud
Fri, 5th Jun 2020
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uc
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contact centre
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nuance
Nuance enhances Gatekeeper AI to better protect seniors from fraud, prioritising elderly callers in call centres amid rising cyber threats during COVID-19.
NZ credit bureau Centrix co-develops fraud detection service
Wed, 19th Feb 2020
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data privacy
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online fraud
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fraud
The service has been put through a robust Privacy Impact Assessment and it was developed in accordance with New Zealand’s current privacy legislation.
Cloudera: Taking a unified approach to fighting financial crime
Tue, 21st Jan 2020
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martech
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data analytics
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planning
Cloudera's unified data and analytics approach aids financial institutions worldwide in reducing crime costs, enhancing security, and boosting customer trust.
Hong Kong counts the opportunities and costs of leading fintech adoption rates
Fri, 6th Dec 2019
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fintech
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threatmetrix
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online fraud
High early adoption rates and extensive mobile device use make Asia the ideal testing ground for fintech development.
Black Friday alert: Financial botnets targeting eCommerce apparel sites
Tue, 26th Nov 2019
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martech
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commerce systems
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online shopping
Black Friday is arguably the most anticipated retail sales period in the world, when brands offer consumers the largest discounts and promotional offers.
Cost of fraud averaging 3.4 times lost transaction value - study
Mon, 21st Oct 2019
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online fraud
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fraud
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study
The LexisNexis study found that there was an average of almost 400 successful monthly fraudulent transactions in the South East Asia region.
How YouAppi aims to enable effective detection of fraudulent traffic
Tue, 9th Jul 2019
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online fraud
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fraud
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emerging technology
YouAppi aims to allow brands to make real-time adjustments and optimise marketing efforts in order to reach customers at any point in the funnel.
How finance leaders can drive growth and avoid risk
Tue, 7th May 2019
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martech
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data analytics
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planning
Finance leaders must embrace new technologies and combat fraud to drive growth and mitigate risks, says SAP Concur.
FBI disrupts multiple botnets as part of anti-fraud operation
Thu, 29th Nov 2018
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malware
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cybersecurity
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f-secure
The FBI, with the help of F-Secure, has dismantled the 3ve ad fraud ring that manipulated traffic from 1.7 million IPs, generating USD $30 million in revenue.
Kiwis concerned about being scammed – survey
Mon, 12th Nov 2018
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phishing
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email security
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cybersecurity
This unease is warranted given the growing sophistication of scammers and their activities, and numbers of attempted fraud.
Mobile app fraud transactions have skyrocketed 680% since 2015
Thu, 24th May 2018
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endpoint protection
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edr
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cybersecurity
Mobile app fraud has risen by 680% since 2015, as hackers target mobile channels for fraud, according to RSA Security's Q1 2018 Fraud Report.
Cybercrime becomes most common form of fraud in UK
Tue, 27th Feb 2018
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cybersecurity
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fraud
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online fraud
PwC's study has found for the first time ever cybercrime has become the most common form of fraud with nearly a quarter resulting in a loss of £700k.
Out with credit cards & in with identity data: Cybercriminals take fraud to new levels
Wed, 24th Jan 2018
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physical security
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identity theft
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online fraud
Cybercriminals are ditching the ‘quick buck’ methods of stealing credit cards and are instead going after identity data.
Online fraud leaves APAC consumers wary of digitalization
Wed, 15th Nov 2017
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digitalisation
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online fraud
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apac
Rampant online fraud in APAC is shaking consumer trust in digital services, with a new study revealing one in five people directly impacted by fraud.
Email phishing scam targeting UK students a ‘timely warning’
Wed, 6th Sep 2017
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phishing
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email security
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cybersecurity
UK watchdog Action Fraud has released details of an complex email phishing scam that has been touted as a much needed warning for the public.
$534m lost in 2016 as credit card fraudsters ditched the plastic & moved online
Mon, 7th Aug 2017
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online shopping
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online fraud
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credit card fraud
Physical credit card fraud is on the decline as online fraud takes its place, according to new statistics from the Australian Payments Network.
Digital Shadows discovers credit card crime ring cashing in on $24b a year
Tue, 25th Jul 2017
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risk & compliance
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cybersecurity
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digital shadows
A professional ecosystem has emerged that is providing e-learning courses to allow aspiring cybercriminals to make USD$12k in monthly earnings.