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Fraud Stories - Page 19

Kiwi Stories

Fraud stories

Card skimming tech seized in Auckland
Customs

Card skimming tech seized in Auckland

Two people were arrested on charges of importing goods for a dishonest purpose, including skimming devices and a card writing machine.

By Ben Moore • 3 min read • Mon, 27th Jan 2020
Stairway to hell: Scams, ransomware, and $6.5m gone from Kiwis' pockets
Malware

Stairway to hell: Scams, ransomware, and $6.5m gone from Kiwis' pockets

In just a three month period this year, New Zealanders reported more than 1000 cybersecurity incidents and financial losses of $6.5 million to CERT NZ.

By Sara Barker • 3 min read • Thu, 5th Sep 2019

Global Stories

Fraud stories

AWS launches fully-managed fraud detection service
Hyperscale

AWS launches fully-managed fraud detection service

Amazon Web Services (AWS) has launched a fully-managed fraud detection service that can identify potential fraud activity in 'milliseconds'.

By Sara Barker • 3 min read • Fri, 31st Jul 2020
Natural disasters, card fraud Kiwis' top security concerns
Disaster Recovery

Natural disasters, card fraud Kiwis' top security concerns

Only 22% of Kiwis are concerned about a security breach while working from home, despite increasing cyber attacks.

By Ben Moore • 5 min read • Wed, 8th Jul 2020
Nuance revamps AI authentication to protect seniors from fraud
Unified Communications

Nuance revamps AI authentication to protect seniors from fraud

Nuance enhances Gatekeeper AI to better protect seniors from fraud, prioritising elderly callers in call centres amid rising cyber threats during COVID-19.

By Staff Writer • 3 min read • Fri, 5th Jun 2020
Mastercard and Ethoca look out for ANZ retailers with support package
Marketing Technologies

Mastercard and Ethoca look out for ANZ retailers with support package

Mastercard and Ethoca launch a free fraud prevention package for Australian and New Zealand retailers, offering Ethoca Alerts until 31 July 2020.

By Catherine Knowles • 3 min read • Fri, 22nd May 2020
Data theft & fraud lead to growth in employment screening services
Fraud

Data theft & fraud lead to growth in employment screening services

Employment screening services market could reach $4.8bn by 2023, driven by the need for safer hiring decisions and increasing data theft.

By Staff Writer • 2 min read • Tue, 25th Feb 2020
GBG rolls out anti-fraud solutions to protect against financial crime
Email Security

GBG rolls out anti-fraud solutions to protect against financial crime

GBG launches robust anti-fraud solutions, featuring the flagship Instinct Hub, to safeguard businesses and their clients in a complex digital landscape.

By Catherine Knowles • 5 min read • Mon, 3rd Feb 2020
Black Friday fraud: Who foots the bill?
Cybersecurity

Black Friday fraud: Who foots the bill?

Banks will bear the brunt of fraud during Black Friday and Cyber Monday, warns Sarah Whipp, head of go to market strategy at Callsign.

By Shannon Williams • 3 min read • Fri, 29th Nov 2019
Beating public sector procurement fraud – SAS
Government

Beating public sector procurement fraud – SAS

The single biggest source of crime experienced by public sector entities is the internal employee in a position of trust.

By Mark Egelstaff • 3 min read • Tue, 26th Nov 2019
Cost of fraud averaging 3.4 times lost transaction value - study
Online fraud

Cost of fraud averaging 3.4 times lost transaction value - study

The LexisNexis study found that there was an average of almost 400 successful monthly fraudulent transactions in the South East Asia region.

By Staff Writer • 3 min read • Mon, 21st Oct 2019
ThetaRay offering uses AI against financial cybercrime
DevOps

ThetaRay offering uses AI against financial cybercrime

ThetaRay unveils Version 4.0 of its advanced AI analytics platform, enhancing global banks' abilities to detect and prevent sophisticated financial cybercrime.

By Staff Writer • 2 min read • Wed, 24th Jul 2019
Rapid increase in AI to detect fraud
Artificial Intelligence

Rapid increase in AI to detect fraud

Artificial intelligence for fraud detection set to triple by 2021 as adoption of technology in organisations increases rapidly - ACFE/SAS study.

By Shannon Williams • 2 min read • Tue, 9th Jul 2019
How YouAppi aims to enable effective detection of fraudulent traffic
Online fraud

How YouAppi aims to enable effective detection of fraudulent traffic

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.

By Staff Writer • 2 min read • Tue, 9th Jul 2019
Domain fraud rampant as criminals cash in
Marketing Technologies

Domain fraud rampant as criminals cash in

Cybercriminals are cashing in on domain fraud for almost every possible reason – to impersonate businesses, events, and even trusted leaders and celebrities.

By Sara Barker • 3 min read • Wed, 26th Jun 2019
AI for fraud detection to triple by 2021 - ACFE
Artificial Intelligence

AI for fraud detection to triple by 2021 - ACFE

While only 13% of organisations use AI and machine learning to detect and deter fraud, another 25% plan to adopt such technologies in the next year or two.

By Staff Writer • 2 min read • Wed, 26th Jun 2019

Stories from Other Regions

Fraud stories

Hong Kong counts the opportunities and costs of leading fintech adoption rates
Fintech

Hong Kong counts the opportunities and costs of leading fintech adoption rates

High early adoption rates and extensive mobile device use make Asia the ideal testing ground for fintech development.

By Cameron Church • 4 min read • Fri, 6th Dec 2019