Cyber fraud stories
Hundreds of users could be exposed to fake banking portals built from a low-cost template, as researchers linked 2,200 suspect domains.
Demand is rising for auditable identity checks and document integrity as AI-generated content and tighter rules reshape online trust.
Scam losses are rising faster than human fraudsters alone can explain, with AI-enabled cases in the US already topping USD $900 million.
Fintech lenders and banks face rising losses as AI-generated statements and identity files slip into automated onboarding before manual checks.
Faster instant payments and AI-led commerce are exposing fraud and infrastructure gaps, forcing banks and merchants to bolster resilience.
Police across 11 Asia-Pacific countries are being trained to trace crypto flows faster as scam compounds adapt and cross-border fraud grows.
Boards are being urged to fix data quality, fraud controls and infrastructure before AI adoption numbers start to matter.
F-Secure's Laura Kankaala explains how the Yahoo Boys scam culture has evolved from advance-fee emails into sextortion and romance fraud.
Platforms under pressure to protect minors can now verify users while keeping facial data on the device, after Incode's new tool debuted.
Reduced staffing and delegated approvals during annual leave are giving fraudsters more chances to slip through corporate checks, Everywhen says.
Traditional email filters are failing as AI-crafted scams now look legitimate enough to fool staff and drive up fraud losses.
Australian firms are being urged to tighten payment checks as email impersonation scams drive AUD $166.8 million in losses.
Finance teams are losing money to payment scams as generative AI makes fake invoices, emails and voice requests harder to spot.
Businesses risk sharper losses from phone scams unless staff know to verify suspicious calls using 159, as UK payment fraud hit GBP £1.28 billion.
Nearly every adult in Ireland was targeted by scam texts or phishing attempts last year, with more than one in five paying out and losing money.
Businesses are being warned that publicly exposed staff data can now fuel phishing and deepfake fraud without breaching internal systems.
Rising online fraud and a 2027 digital assets regime are pushing banks and fintechs to upgrade infrastructure as adoption accelerates.
Mobile-led fraud is forcing Indian banks to confront faster scams, bigger attempted transfers and a growing mule network.
Students and dropouts will pitch banking security ideas for a prize pool of more than INR ₹10 lakh as digital fraud risks mount.
EBITDA profitability gives Carousell room to expand secondhand services and AI tools, after revenue rose 18% to USD $140 million last year.
