eCommerceNews UK - Technology news for digital commerce decision-makers

Fraud stories

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1.1 million SMEs risk collapse in current UK economy: CyberSmart
Last month
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cybercriminals
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economic downturn
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fraud
According to the survey, 15% of senior SME leaders are willing to commit accounting/tax fraud or evasion to ensure survival.
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Australian banks not proactively blocking fraudulent emails
Last month
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cybersecurity
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proofpoint
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fraud
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.
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Vonage's Protection Suite aims to safeguard against fraud and cyber attacks
Tue, 25th Jul 2023
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data protection
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it automation
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developers
"The Vonage Protection Suite is a comprehensive set of tools that enables end-to-end safeguards, leveraging the power of communication API building blocks."
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eCommerce fraud fast becoming a crisis for merchants
Thu, 13th Jul 2023
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retailers
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fraud
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ravelin
eCommerce fraud is growing fast and financially impacting businesses across the globe, according to new research from Ravelin.
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Increasing telecom fraud highlights importance of blockchain
Tue, 11th Jul 2023
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blockchain
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cybersecurity
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telecommunications
One of the primary aspects driving market expansion is growing security concerns among telecom enterprises around the world.
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TrafficGuard: ad fraud on track to triple this year
Tue, 4th Jul 2023
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optus
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fraud
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medibank
Traffic Guard says Australian businesses must be serious about tackling ad fraud, with the number of attacks predicted to triple this year. 
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UK banks leaving customers at risk of email fraud
Fri, 30th Jun 2023
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cybersecurity
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email security
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fraud
New research from Proofpoint has revealed banking institutions incorporated in the United Kingdom are lagging behind on basic cybersecurity measures.
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Global digital payments fraud thriving in 2023 – report
Thu, 29th Jun 2023
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cybersecurity
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bnpl
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sas
"Solutions must be interwoven and underpinned by shared data streams to effectively combat the increasingly sophisticated tools and strategies being employed."
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Mobile development needs to step up against data breaches
Wed, 28th Jun 2023
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cybersecurity insurance
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cybersecurity
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data breach
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.
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67% of ASX 200 companies at risk of email fraud – report
Fri, 23rd Jun 2023
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cybersecurity
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email security
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proofpoint
Two-thirds of ASX 200 companies are subjecting customers, partners, and employees to higher risks of email fraud.
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Teradata and FICO launch integrated, advanced analytic solutions
Fri, 19th May 2023
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data analytics
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teradata
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insurance
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.
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Helping to win the battle to curb SMS and voice fraud
Tue, 2nd May 2023
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cybersecurity
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telecommunications
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scams
Australians lost over $2 Billion to scams in 2021, according to the Australian Competition and Consumer Commission.
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Why fraud teams are investing in AI-powered ID checks
Tue, 14th Mar 2023
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fintech
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cybersecurity
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it automation
Despite recent layoffs in the tech sector and increasing concerns over a lack of funding, fintech companies are taking proactive measures to combat fraud.
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The perils of proxies: the backdoor into your data
Fri, 10th Mar 2023
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malware
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cybersecurity
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data leak
Residential proxies can open up the door to bad actors, who are ready to exploit user anonymity for nefarious activities.
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Mastercard, Vesta deliver enhanced digital fraud detection for APAC
Tue, 28th Feb 2023
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cybersecurity
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payment gateways
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mastercard
The partnership will provide merchants across the region with automated, real-time digital payment solutions that reduce risk and fraud.
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How to prevent dark web criminals profiting from your data
Wed, 15th Feb 2023
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dark web
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cybersecurity
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cyber criminal
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.
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Forter strengthens bot detection capabilities following recent acquisition
Fri, 20th Jan 2023
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mergers and acquisitions
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bots
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fraud
Forter, the trust platform for digital commerce, has announced the acquisition of Immue, a bot detection company based in Tel Aviv, Israel.
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Nine out of 10 fintechs will hire more fraud experts in 2023
Thu, 19th Jan 2023
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fintech
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cybersecurity
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scams
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.
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Healthcare fraud on the rise, advanced solutions emerge
Fri, 30th Dec 2022
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it in healthcare
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market
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technology trends
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%.
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Bitdefender urges caution when dealing with holiday spam
Tue, 20th Dec 2022
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cybersecurity
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bitdefender
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spam
Bitdefender Labs is warning people to be aware during the festive season due to a significant increase in spam scams.
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Retailers beware as fraud risk increases over holidays
Thu, 24th Nov 2022
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retailers
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online shopping
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fraud
eCommerce merchants have to stay alert and deploy a multi-layered fraud prevention solution, according to LexisNexis Risk Solutions.
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SAS and ACFE reveal Fraud Awareness Week insights
Tue, 15th Nov 2022
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phishing
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sas
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fraud
The Association of Certified Fraud Examiners (ACFE) has estimated that occupational fraud costs businesses around the world more than USD$4.7 trillion annually.
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Novatti teams up with Riskified to combat payment fraud
Fri, 28th Oct 2022
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payment gateways
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risk
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apac
Utilising Riskified’s premier Chargeback Guarantee offering, Novatti becomes the first online card processor in APAC to offer total protection for fraudulent chargebacks.
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Fraud report reveals customer onboarding crisis for fintechs
Thu, 27th Oct 2022
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fintech
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fraud
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risk management
71% of consumers are less likely to trust a fintech service that has been impacted by onboarding fraud, according to a new report.
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