Online fraud stories

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.

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.

Tie-up offers MPGS customers access to Vesta’s Payment Guarantee and Payment Protect solutions, resulting in higher transaction approval rates.

“Customers have long trusted us to help protect them online, and now we’re taking that even further by tackling online fraud."

The personal finance experts at money.co.uk, in their 2022 Fraud Report, have revealed the average monthly losses to fraudsters in 2022 to be over £333 million.

The latest specialised bots now make it far easier and quicker for fraudsters to fool their targets into providing their authentication codes or OTPs.

Norton has released new research that details the top cyber trends to watch in 2023, emphasising that the economy will have the most significant impact on the spread of cybercrime next year.

Nearly a quarter of New Zealanders (22%) surveyed said they tend to take more risks when online shopping during the holiday season than other times of the year.

Death and taxes are inevitable. So too is the rise of cyber incidents hitting organisations where it hurts most: the bottom line.

By posing as the CEO or other senior figures, attackers guarantee that malicious emails get employees' attention. Many employees are reluctant to question a request from their CEO, so they usually provide the information.

Forter has partnered with the Accent Group to help automate and scale the footwear firm’s eCommerce business, using its Trusted Conversions solution.

Forter partners with Save the Children Australia to reduce card testing fraud by deploying the company’s Trusted Conversions solution.

Identity theft and online fraud are becoming more prevalent than ever. A recent IBM study revealed that stolen or compromised credentials were responsible for 19% of data breaches this year.

L’Occitane Japon increases revenue, reduces chargebacks and fraud, and creates a seamless customer experience with Forter’s fully automated platform.

Australia and New Zealand have experienced a 15% spike in sales from the previous year, continuing a trend that accelerated during the pandemic as the world turned to online shopping.

After a busy year in the cybersecurity and online fraud prevention space, the co-founders of SEON Fraud Prevention weigh in on the top trends that changed fraud in 2021.

Analysis from AusPayNet serves as a reminder for consumers and merchants to be vigilant online this holiday season, with research indicating a significant increase in credit card fraud.

F5 has announced multiple security offerings with the intention of helping to safeguard digital experiences with comprehensive account takeover protection.

Debit card system eftpos has initiated a new AI-driven counter fraud platform for their technology in an effort to prevent online cybercrime and fraud in Australia.

Today we introduce Forter, an organisation that specialised in fraud detection in eCommerce.

SEON’s technology is fully integrated into the GBG Intelligence Center to effectively use email, IP, phone, and social media as alternative data for fraud detection, while meeting compliance and data privacy needs.

“Today scam is more than just solitary fraudulent web pages, it’s an entire industry with advanced technologies under the hood."

Forter has doubled its revenue in the last 12 months, raising $300 million for a $3 billion valuation.

The tool utilises intelligence voice detection capabilities to let enterprises identify if callers are over the age of 65 and, if so, prioritise their call, get them to a live agent for service and better protect them from fraud.