Scams stories
Small businesses face rising scam losses and AI-driven fraud as the association urges mandatory reporting and tougher platform obligations.
The financial authentication firm is shifting to a new executive structure as it expands internationally and tackles rising fraud and scam activity.
Rising fraud, shipping costs and AI-driven shopping are set to squeeze retailers' margins this holiday season unless customer data improves.
Fraudsters' World Cup scam sites were spotted months ahead of kick-off, helping agencies and firms shut down fake FIFA domains before users were hit.
AI-driven phishing and state-linked espionage are pushing Asia-Pacific incident numbers higher, with data breaches still the biggest threat.
Boards face rising pressure to control shadow AI as attackers automate faster and security teams shift to continuous verification.
Nearly half of Australian compliance teams said fragmented systems were their biggest weakness, hampering efforts to spot sanctions and scam risks.
Yahoo Boys have evolved from email fraud into an AI-enabled cybercrime subculture, using deepfakes, sextortion and social media to target victims worldwide.
India's fintech sector may need new benchmarks as simple transaction counts fail to show whether users really understand and trust digital finance.
Customers face heightened scam risks as Origin Energy investigates claims that a hacker accessed two million records and alerted regulators.
Digital fatigue and scam fears are helping keep posted letters credible, with 78% wanting important government messages by mail.
Mobile-led fraud is forcing Indian banks to confront faster scams, bigger attempted transfers and a growing mule network.
As Australia braces for tougher scam rules, the exchange is expanding its intelligence-sharing role and separating management from oversight.
UK consumers and businesses could benefit as Cifas adds nearly 500 scam signals to a global network aimed at faster takedowns.
As AI spreads through core business functions, executives warn weak oversight could expose firms to deepfakes, fraud and costly incidents.
The milestone underscores rising demand for online borrowing as 40% of applications came outside normal banking hours, Fig said.
The name-checking service is now helping avert scam losses and mistaken payments, with more than 150 million checks completed in its first year.
Consumers could gain stronger protections and easier data sharing as Ottawa opens consultations on bank fraud and open-banking rules.
Nearly six in ten Londoners have seen more scam attempts in the past year, with social media fraud and AI-made ruses fuelling concern.
Customers could soon verify their age, address and identity through banking apps, as lenders test a voluntary check-sharing service to curb fraud.
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