Fraud stories - Page 4

Sumsub and Data Zoo have partnered to deliver enhanced global fraud prevention and compliance solutions for financial institutions across 170+ jurisdictions.

SEON launches AI-powered real-time AML suite, unifying fraud and compliance tools to enhance risk detection and streamline regulatory reporting.

Akamai launches DNS Posture Management, offering multicloud visibility and real-time monitoring to enhance DNS security and compliance across major providers.

SEON expands its Asia-Pacific team in response to growing demand for advanced fraud prevention and anti-money laundering solutions across the region.

Australia leads APAC with top digital video ad engagement but faces rising ad fraud and brand safety risks, says Integral Ad Science report.

Cyberattackers used SEO poisoning to mimic a payroll portal, stealing employee wages via mobile devices in a widespread manufacturing sector fraud uncovered by ReliaQuest.

Cybercriminals increasingly target Australia's hospitality sector, exploiting digital gaps with sophisticated attacks and dark web services, Trustwave warns.

A global survey reveals enterprises plan to boost investment in trust, safety and security for customer experience amid rising compliance and fraud challenges.

Skyfire and Cequence Security partner to enable secure, compliant access and transactions for AI agents across digital services globally.

A recent report reveals that 61% of Australian businesses face rising fraud incidents, prompting a shift to AI-driven security solutions to combat these threats.

ConnectID has partnered with Caresquare to enhance identity verification in the NDIS, tackling fraud that costs AUD $2 billion annually.

Finance teams are urged to enhance fraud detection and audit efficiency as businesses face increasing revenue losses and evolving tactics amidst economic pressures.

AI's dual impact on security is stark; while cybercriminals leverage its power to craft sophisticated attacks, security teams harness its potential to enhance threat detection.

A recent survey reveals that 79% of insurance executives feel a moral duty to address the USD $1.8 trillion global protection gap, viewing it as a key business opportunity.

Kroll's latest report reveals the healthcare sector was the most targeted by data breaches in 2024, accounting for 23% of all incidents, surpassing finance.

A Forrester Research report reveals that the rise of deepfake technology poses significant risks for businesses, with scams costing firms millions.

In 2024, Kaspersky blocked over 893 million phishing attempts, a 26% rise from 2023, as cybercriminals exploited trusted brand names to deceive users.

Telstra and CommBank have announced an extension to their partnership, introducing new 'Fraud Indicator' technology to enhance fraud detection and protect against identity theft.

Kapwork has launched its innovative Kapwork Verify platform to automate invoice factoring, claiming a potential 20% cut in operational costs for businesses.

Report It Now raises alarm over the inadequate whistleblowing infrastructure in Australian firms, jeopardising Environmental, Social, and Governance commitments.