Online fraud stories
![Story image](../../../../../uploads/story/2024/08/22/preview_techday_c27f7b81431ce75a68c1.webp)
Kaspersky uncovers Russian-led crypto & web3 fraud campaign
Last month
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gaming
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malware
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cryptocurrency
Kaspersky has uncovered a sophisticated cyber fraud scheme, 'Tusk,' exploiting popular trends like web3 and AI to steal cryptocurrency and sensitive data.
![Story image](../../../../../uploads/story/2024/07/31/preview_techday_40b380840685c814c8e0.webp)
GenAI tools amplify online fraud risks, report reveals
Wed, 31st Jul 2024
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ai
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japan
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nz
A new Transmit Security report reveals generative AI is fuelling a surge in dark web fraud, with accessible tools like FraudGPT boosting online scam capabilities.
![Story image](../../../../../uploads/story/2024/07/17/preview_techday_264aabe1d36a4b169c89.webp)
Most Australians targeted by online scams, study reveals
Thu, 18th Jul 2024
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martech
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commerce systems
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email security
New research by PayPal shows a staggering 97% of Australians have been targeted by scammers, with 86% proactively helping others to stay safe online.
![Story image](../../../../../uploads/story/2024/07/16/preview_techday_9c6b469c47dbec4c1e4f.webp)
97% of Australians targeted by digital scams, says PayPal report
Tue, 16th Jul 2024
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martech
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commerce systems
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payment technologies
A PayPal study reveals 97% of Australians have faced online scam attempts, with most turning to millennials for tech safety support.
![Story image](../../../../../uploads/story/2024/07/02/preview_techday_c1f56423fe0a17871983.webp)
Netsafe warns of inadequate response to rising online fraud
Tue, 2nd Jul 2024
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edutech
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victim support
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netsafe
The Ministry of Justice's latest crime survey reveals a surge in online fraud, highlighting an urgent need for a coordinated multi-agency response, says Netsafe.
![Story image](../../../../../uploads/story/2024/05/29/preview_img-7hjpfL0S9UQHTUCfdLHkiuVK.webp)
BforeAI launches PreCrime Guarantee offering tenfold reimbursements
Thu, 30th May 2024
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ai
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risk & compliance
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online fraud
Cybersecurity firm BforeAI launches PreCrime Guarantee, pledging up to ten times reimbursement of service contracts if their AI fails to prevent a cyberattack.
![Story image](../../../../../uploads/story/2024/05/27/preview_img-oV8ZyZgP93M4dsg22cBoMYAf.webp)
Bitdefender launches AI scam detector Scamio on WhatsApp in Australia
Mon, 27th May 2024
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advanced persistent threat protection
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ai
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cybersecurity
Bitdefender has unveiled Scamio on WhatsApp in Australia, offering an AI-powered tool to tackle online fraud, responding to a high occurrence of scams.
![Story image](../../../../../uploads/story/2024/05/23/preview_img-zcokLCz6HgQjIa6n2gJ6opac.webp)
There’s a whole new wave of investment scams – and they feature people you might know
Thu, 23rd May 2024
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email security
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ai
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cybersecurity
AI-generated deepfakes are fuelling a new era of investment scams, featuring familiar faces to deceive us. Here's how to spot and avoid these high-tech traps.
![Story image](../../../../../uploads/story/2024/05/17/preview_img-3tgycTsbGSKMEZh25zTrDrXj.webp)
Rising prepaid card use in UK amid living cost crisis
Fri, 17th May 2024
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online fraud
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european
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london
Nearly half of young adults in London are using Prepaid cards to manage finances and avoid debt amid cost of living crisis.
![Story image](../../../../../uploads/story/2024/04/26/preview_img-TGZT4tXv00cSRUjmWSvrmKvh.webp)
Australians show interest in using AI for online dating
Fri, 26th Apr 2024
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email security
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ai
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norton
Over 50% of Australian online daters show interest in using AI to enhance their dating experience and avoid scams, according to a Norton survey.
![Story image](../../../../../uploads/story/2024/04/03/preview_img-1WpUvGJcshb86T34lpIslP3O.webp)
Fastly introduces Bot Management to combat online fraud
Wed, 3rd Apr 2024
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application security
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breach prevention
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cybersecurity
Fastly has launched its Bot Management system, a cybersecurity advancement aimed at thwarting bot-triggered online fraud and abuses.
![Story image](../../../../../uploads/story/2024/03/29/preview_img-XderSVpuXo0rdiUzytWPoRyb.webp)
Visa's digital payment service uplifts Asia's economy, cuts fraud by 58%
Fri, 29th Mar 2024
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martech
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commerce systems
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payment technologies
Visa's digital economy and anti-fraud efforts in Asia Pacific are making strides. Over USD $2bn in transactions were processed through its Token Service, and merchants reported a 58% decrease in fraud.
![Story image](../../../../../uploads/story/2024/03/19/preview_img-dPENm2V53mtDedCPGEhTKgBc.webp)
One Consortium launched to combat global communications fraud
Tue, 19th Mar 2024
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gsma
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bics
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online fraud
The i3Forum introduces the One Consortium, a global non-profit initiative aimed at restoring public confidence in communications, following a surge in illegal calls and messages.
![Story image](../../../../../uploads/story/2023/12/20/preview_img-DD30EO5ZC2oWFQKRHafyQAwZ.webp)
Zally to transform cybersecurity with behavioural biometrics
Wed, 20th Dec 2023
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online safety
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passwords
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online fraud
Manchester authentication startup Zally is aiming to revolutionise cybersecurity with progressive behavioural biometrics technology.
![Story image](../../../../../uploads/story/2024/01/13/preview_techday_3847d07eb215a7052eee.webp)
Case Study: How Sportsbet revolutionised fraud prevention with Accertify
Fri, 15th Dec 2023
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cx
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martech
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fraud
Sportsbet reduced fraud loss by over 80% and decreased chargebacks over 82% by collaborating with Accertify, revolutionising fraud prevention in the online wagering industry.
![Story image](../../../../../uploads/story/2023/12/06/preview_img-8dhH8nhTUeWA5iVWGg2hK2Cq.webp)
Festive online shopping security a rising concern for consumers
Wed, 6th Dec 2023
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online fraud
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mfa
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cloud services
Australian consumers are increasingly concerned about online shopping security, especially amid the festive season, reveals recent survey.
![Story image](../../../../../uploads/story/2023/11/16/preview_img-HjWZRDDfqXn8Q2kpplE0OFAl.webp)
Australians would prefer tax stress over dealing with scam messages
Thu, 16th Nov 2023
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digital entertainment
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casb
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ai
Over half of Australians would choose the stress of tax filings rather than dealing with scam messages, a McAfee study reveals.
![Story image](../../../../../uploads/story/2023/10/14/preview_securityee.webp)
Third-party solutions herald new era in online fraud prevention
Sat, 14th Oct 2023
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martech
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cx
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commerce systems
Rise in online fraud prompts Payment Service Providers to seek innovative third-party solutions for prevention.
![Story image](../../../../../uploads/story/2023/06/16/preview_GettyImages-1482207032.webp)
1 in 3 UK customers wary of AI-generated ads: Menlo Security
Fri, 16th Jun 2023
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malware
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cloud security
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ai
One in Three UK consumers believes that over half of online ads are now AI generated but are unaware of how risky they are to click on.
![Story image](../../../../../uploads/story/2023/05/17/preview_GettyImages-1391824262.webp)
Australians hit hard by online scams and fraud this year
Wed, 17th May 2023
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email security
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cybersecurity
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australian federal budget
The Government has boosted its funding to combat online scams and fraud, as Australians have now lost almost AUD $200 million to scammers this year alone.