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Fraud Stories - Page 21

Kiwi Stories

Fraud stories

$2.9 million gone: Kiwis hit by more than 500 cybersecurity incidents
Malware

$2.9 million gone: Kiwis hit by more than 500 cybersecurity incidents

The first three months of 2018 were busier than ever for cybercriminals, who managed to steal $2.9 million from New Zealanders.

By Sara Barker • 3 min read • Wed, 30th May 2018

Global Stories

Fraud stories

Four identity proofing vendors named as 'IDC Innovators'
Fintech

Four identity proofing vendors named as 'IDC Innovators'

IDC names Socure, BioCatch, IdentityMind Global, and Acuant as 'Innovators,' spotlighting their cutting-edge solutions in the evolving identity proofing market.

By Patrick Martlew • 3 min read • Tue, 26th Jun 2018
Online fraud prevention firm eyes APAC, EMEA markets
Marketing Technologies

Online fraud prevention firm eyes APAC, EMEA markets

Emailage delivers online fraud mitigation and email risk assessment technologies and says eCommerce fraud is a growing problem around the world.

By Sara Barker • 3 min read • Wed, 20th Jun 2018
Interview: RSA Security decodes digital fraud and its effects on APAC
Crypto

Interview: RSA Security decodes digital fraud and its effects on APAC

Digital fraud in APAC is rising as online threats evolve. RSA Security's Richard Booth highlights key risks and strategies to stay protected.

By Sara Barker • 6 min read • Tue, 5th Jun 2018
Mobile app fraud transactions have skyrocketed 680% since 2015
Endpoint Protection

Mobile app fraud transactions have skyrocketed 680% since 2015

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.

By Ashton Young • 3 min read • Thu, 24th May 2018
Email fraud attacks take fast and furious approach to their business targets
Email Security

Email fraud attacks take fast and furious approach to their business targets

Email fraud attacks surged 55% last quarter as criminals focus on targeted strikes, with real estate firms among the hardest hit, reports Proofpoint.

By Sara Barker • 3 min read • Tue, 22nd May 2018
Ecommerce is on a roll in APAC, but 18% of consumers still get caught by fraud
Marketing Technologies

Ecommerce is on a roll in APAC, but 18% of consumers still get caught by fraud

Ecommerce is thriving in the Asia Pacific region, but 18% of consumers remain vulnerable to fraud, according to Experian's 2018 report.

By Sara Barker • 3 min read • Mon, 21st May 2018
Securing SWIFT networks vitally important for cyber attack prevention
IoT Security

Securing SWIFT networks vitally important for cyber attack prevention

Businesses that use the SWIFT network must comply with SWIFT's Customer Security Programme (CSP) or face the risk of attacks.

By Sara Barker • 3 min read • Fri, 11th May 2018
Why cybercriminals are corrupting popular social media platforms
Cybersecurity

Why cybercriminals are corrupting popular social media platforms

Fraudsters are targeting legitimate social media platforms to create a new type of fraud market – one that has a global reach.

By Sara Barker • 3 min read • Sun, 6th May 2018
Cybercriminals taking over email accounts and scamming contacts
Firewalls

Cybercriminals taking over email accounts and scamming contacts

A new study from Barracuda has revealed an increasingly popular method of cybercrime - steal email credentials then steal money from colleagues.

By Ashton Young • 3 min read • Fri, 4th May 2018
AI-DAY: Using artificial intelligence to scam the scammers
Unified Communications

AI-DAY: Using artificial intelligence to scam the scammers

Re:scam, an AI chatbot developed by Netsafe, is wasting scammers' time with endless questions to protect potential victims.

By Julia Gabel • 4 min read • Fri, 6th Apr 2018
59% APAC financial firms bolster investment in fraud detection
Malware

59% APAC financial firms bolster investment in fraud detection

Amid rising fraud concerns, 59% of APAC financial firms are increasing investment in detection tech, surpassing even multi-factor authentication, says Experian.

By Sara Barker • 3 min read • Thu, 5th Apr 2018
New research finds China tampering with public vulnerability data
Cybersecurity

New research finds China tampering with public vulnerability data

Recorded Future believes China has been altering public vulnerability data to allow the Ministry of State Security to play with it first.

By Ashton Young • 3 min read • Mon, 12th Mar 2018

Stories from Other Regions

Fraud stories

Transport in NSW: do easier 'tap ons' make for compromised security?
Email Security

Transport in NSW: do easier 'tap ons' make for compromised security?

Commuters will now be able to 'tap on' with credit cards or digital wallets, but they might be opening themselves up to security threats in doing so.

By Andrew Reszka • 4 min read • Fri, 25th May 2018
National Scams Awareness Week: Australians lost $340m in 2017
Email Security

National Scams Awareness Week: Australians lost $340m in 2017

Scammers stole $340 million from Australians in 2017 – ACCC says this is the biggest loss ever recorded on its books.

By Sara Barker • 3 min read • Tue, 22nd May 2018
Three ways organisations can prevent fraud and enforce policy compliance
Risk & Compliance

Three ways organisations can prevent fraud and enforce policy compliance

Australian organisations can prevent fraud with updated policies, plugging leaks, and automating routine tasks, says SAP Concur. Proper controls are key.

By Sara Barker • 2 min read • Mon, 7th May 2018
Bank Negara Malaysia stops SWIFT fraud in its tracks
Blockchain

Bank Negara Malaysia stops SWIFT fraud in its tracks

Falsified SWIFT messages were used to attempt unauthorized fund transfers, which were blocked through a collaborative effort.

By Sara Barker • 3 min read • Mon, 9th Apr 2018