IT Brief New Zealand - Technology news for CIOs & IT decision-makers

Fraud stories

Story image
PPRO bolsters leadership with new legal & compliance appointments
This month
#
fintech
#
open banking
#
fraud
PPRO has bolstered its leadership, appointing Selene Brett as Chief Legal, Risk and Compliance Officer, and Marc Kuzak and Massimiliano Conte as Legal and Compliance Director respectively to bolster governance.
Story image
Are C-suite executives cybersecurity's weakest link?
This month
#
ransomware
#
phishing
#
cybersecurity
C-suite executives, often the weakest security link in organisations, are a significant target for cyber threats, amid a surge in cyber attacks.
Story image
Generative AI set to reshape anti-fraud efforts by 2024
Last month
#
ml
#
biometrics
#
rpa
83% of anti-fraud professionals to deploy generative AI in anti-fraud activities within two years, says 2024 Anti-Fraud Technology Benchmarking Report, despite earlier lag behind expectations.
Story image
Appdome bolsters mobile fraud fight with Geo Compliance feature set
Last month
#
apple
#
smartphones
#
compliance
Mobile app security firm Appdome introduces Geo Compliance feature set to fight mobile fraud and aid brands in verifying user location.
Story image
SpendConsole expands AI-powered AP automation to Dubai
Last month
#
advanced persistent threat protection
#
cyber threats
#
fraud
AI-powered accounts payable firm SpendConsole expands into the Middle East, opening a new office in Dubai amidst rising demand for automation solutions.
Story image
Netsafe launches online safety programme for seniors in New Zealand
Last month
#
email security
#
scams
#
nz
Netsafe, a charitable organisation in New Zealand, has launched 'Get Set Up for Safety', a nationwide initiative to equip senior citizens with skills to combat online threats such as fraud and scams.
Story image
'Artificial Inflation of Traffic' scams skyrocket in 2023
Last month
#
cloud services
#
ai
#
threat intelligence
A Swedish report exposes a disturbing surge in Artificial Inflation of Traffic (AIT) fraud, with 20 billion fraudulent SMS messages costing organisations a total of $1.16 billion in 2023.
Story image
Rise in Valentine's Day scamming on dating apps, warns Cequence Security
Last month
#
advanced persistent threat protection
#
ai
#
threat intelligence
This Valentine's Day, Cequence Security's alarming research reveals an increase in scamming activity on dating apps, with fraudsters posing as romantic prospects to exploit users financially.
Story image
Decline in trust with SMS platforms predicted by new XConnect study
Last month
#
cloud services
#
phishing
#
email security
A study by XConnect and Mobilesquared reveals CPaaS providers are expected to lose nearly a quarter of trust in SMS platforms between 2023 and 2025 due to potential fraud risks.
Story image
SEON joins AWS ISV Accelerate Program to enhance fraud prevention
Last month
#
public cloud
#
fintech
#
cloud services
Online fraud prevention leader SEON steps into Amazon Web Service's Independent Software Vendor Accelerate Program, expanding its pioneering platform's accessibility and reach.
Story image
Riskified enhances Dispute Resolve to tackle Australian eCommerce fraud
Last month
#
digital transformation
#
martech
#
commerce systems
Riskified's Dispute Resolve platform expands its services in Australia, aiming to aid merchants facing a post-holiday surge in chargebacks. The platform can streamline and accelerate revenue recovery through AI and gateway integrations.
Story image
BT Group partners with Optiva for AI & blockchain integrated services
Wed, 31st Jan 2024
#
ai
#
blockchain
#
b2b
UK telecoms giant, BT Group, launches AI and blockchain services in collaboration with cloud specialist, Optiva, targeting banking, healthcare and insurance sectors.
Story image
Data Privacy Day: Zoho highlights the need for more education
Fri, 26th Jan 2024
#
bi
#
big data
#
edutech
Data Privacy Day: Zoho stresses the vital need for businesses to educate themselves, increase transparency and bolster data privacy practices as AI use intensifies.
Story image
SAS lauded as leader in AML transaction monitoring by Chartis Research
Wed, 24th Jan 2024
#
ml
#
workflow automation
#
web development
In its inaugural AML transaction monitoring solutions evaluation, Chartis Research recognises analytics giant SAS as a category leader, underscoring its impressive capabilities in analytical modelling, risk typology modelling, and workflow automation.
Story image
Artificial Intelligence: the catalyst for transformation in Australia's freight industry
Tue, 23rd Jan 2024
#
cloud services
#
fraud
#
weather
AI-driven transformation is set to revolutionise Australia's freight industry, addressing challenges like driver shortages, underutilisation of capacity, and demand for real-time pricing and visibility.
Story image
Instagram influencer marketing expected to hit USD $22 billion by 2025
Mon, 22nd Jan 2024
#
youtube
#
instagram
#
digital advertising
HypeAuditor report predicts Instagram influencer marketing will reach a dramatic USD $22 billion by 2025, driven by a surge in social e-commerce and a shift to digital advertising.
Story image
McGrathNicol becomes Founding Partner in Australian Insider Risk Centre
Wed, 17th Jan 2024
#
fraud
#
r&d
#
corruption
Advisory firm McGrathNicol has joined the Australian Insider Risk Centre of Excellence as a Founding Partner, set to contribute towards enhancing Australia’s cyber resilience.
Story image
Combating cybercrime in NZ with a robust cybersecurity strategy
Wed, 17th Jan 2024
#
malware
#
ddos
#
ransomware
New Zealand businesses grapple with cybercrime's volatile threat landscape, as incidents across various sectors showcase the dire consequences. A nuanced approach to cybersecurity strategy is vital.
Story image
Dow Jones and Oliver Wyman launch predictive credit risk tool
Thu, 11th Jan 2024
#
ai
#
credit risk
#
fraud
Dow Jones partners with global consulting firm Oliver Wyman to develop Factiva Sentiment Signals, an AI-driven tool able to anticipate credit downgrades using news data, up to three months early.
Story image
Rising cyber threats challenge Southeast Asia's booming digital economy
Fri, 5th Jan 2024
#
digital transformation
#
physical security
#
ai
As Southeast Asia's digital economy rapidly reaches $100bn, it is attracting cyber criminals, with 28% of businesses observing an increase in threats alongside their digital expansion.
Story image
Daon's xSentinel tackles synthetic audio threats through real-time detection
Thu, 21st Dec 2023
#
biometrics
#
compliance
#
ai
Daon has launched xSentinel, a real-time detection system designed to protect organisations from synthetic audio threats, including deepfakes and AI-generated voice attacks.
Story image
AI to customise cyber threats, predicts cybersecurity firm Gen
Fri, 8th Dec 2023
#
cloud services
#
cryptocurrency
#
blockchain
Gen predicts AI will customise and escalate cyber threats by 2024, making cybersecurity a daily life necessity.
Story image
Festive online shopping security a rising concern for consumers
Wed, 6th Dec 2023
#
cloud services
#
mfa
#
online fraud
Australian consumers are increasingly concerned about online shopping security, especially amid the festive season, reveals recent survey.
Story image
Predicted surge in AI-fuelled scams in 2024 demands increased vigilance
Tue, 5th Dec 2023
#
ml
#
advanced persistent threat protection
#
email security
Rising AI-powered scams forecasted for 2024 necessitate increased vigilance amid financial scams' surge from UK and Australia.