Fraud stories

According to the survey, 15% of senior SME leaders are willing to commit accounting/tax fraud or evasion to ensure survival.

Due to the extensive amount of sensitive personal and financial data that they store, banking and financial institutions are a prime target for cyber criminals.

"The Vonage Protection Suite is a comprehensive set of tools that enables end-to-end safeguards, leveraging the power of communication API building blocks."

eCommerce fraud is growing fast and financially impacting businesses across the globe, according to new research from Ravelin.

One of the primary aspects driving market expansion is growing security concerns among telecom enterprises around the world.

Traffic Guard says Australian businesses must be serious about tackling ad fraud, with the number of attacks predicted to triple this year. 

New research from Proofpoint has revealed banking institutions incorporated in the United Kingdom are lagging behind on basic cybersecurity measures.

"Solutions must be interwoven and underpinned by shared data streams to effectively combat the increasingly sophisticated tools and strategies being employed."

More than a quarter of Australian consumers fear their mobile apps will be breached and need developers to invest more in delivering robust cyber protection.

Two-thirds of ASX 200 companies are subjecting customers, partners, and employees to higher risks of email fraud.

Teradata and FICO have announced they plan to bring to market integrated advanced analytic solutions for real-time payments fraud, insurance claims, and supply chain optimisation.

Australians lost over $2 Billion to scams in 2021, according to the Australian Competition and Consumer Commission.

Despite recent layoffs in the tech sector and increasing concerns over a lack of funding, fintech companies are taking proactive measures to combat fraud.

Residential proxies can open up the door to bad actors, who are ready to exploit user anonymity for nefarious activities.

The partnership will provide merchants across the region with automated, real-time digital payment solutions that reduce risk and fraud.

While the dark web is a place where you can order items commonly associated with criminal activity, one of its most valuable commodities is one that impacts the vast majority of us: personal and professional data.

Forter, the trust platform for digital commerce, has announced the acquisition of Immue, a bot detection company based in Tel Aviv, Israel.

Nine out of ten fintechs plan to recruit more experts to help tackle fraud as they expect scams to soar in 2023, according to new research.

The global healthcare fraud detection market was valued at $1,098.2 million in 2021, and is projected to reach $3,600.0 million by 2031, reflecting a CAGR of 12.6%.

Bitdefender Labs is warning people to be aware during the festive season due to a significant increase in spam scams.

eCommerce merchants have to stay alert and deploy a multi-layered fraud prevention solution, according to LexisNexis Risk Solutions.

The Association of Certified Fraud Examiners (ACFE) has estimated that occupational fraud costs businesses around the world more than USD$4.7 trillion annually.

Utilising Riskified’s premier Chargeback Guarantee offering, Novatti becomes the first online card processor in APAC to offer total protection for fraudulent chargebacks.

71% of consumers are less likely to trust a fintech service that has been impacted by onboarding fraud, according to a new report.