Fraud stories

Fico says by 2026 banking AI will be standard infrastructure, heightening fraud risks and putting CIOs and human cyber oversight centre stage.

Canada’s investment watchdog has unveiled a tiered crypto custody regime, tying asset limits to custodians’ capital, tech controls and oversight.

Holiday refunds jumped 18.1% in 2025, with each USD $1 million in refunds costing retailers about USD $1.3 million once overheads are included.

Ransomware gangs are stepping up efforts to recruit insiders, warns NCC Group, as December 2025 attacks jump 13% to 784 globally.

AI crime is shifting from experiments to a stable industry, with jailbreak services, adaptive malware and deepfake fraud becoming routine.

APAC banks face heavy manual compliance workloads as poor data quality and legacy systems stall AI adoption, survey respondents warn.

Nearly half of New Zealand’s online daters would consider dating an AI, as loneliness and mistrust reshape how Kiwis seek romance online.

Exactly.com trims processing fees after 23% turnover rise, targeting UK SMEs with local acquiring and lower-cost eCommerce payments.

Digital payments will be non-negotiable for Malaysian businesses by 2026, Paydibs says, as liquidity, speed and visibility demands intensify.

Unicorns beat Global 2000 on core domain security, yet weak registry locks and scant DNS redundancy leave major gaps in cyber defences.

Dun & Bradstreet flags sanctions, data quality and AI governance as top compliance pressures shaping corporate risk in 2026.

Canadian firms are losing cash and facing fines after using chatbots like ChatGPT for tax advice, a survey of accountants has warned.

Australians greatly overestimate their ability to spot AI-driven scam images, with new research showing they get it right less than half the time.

Infoblox agrees to buy AI-driven threat hunter Axur, aiming to curb phishing and brand abuse beyond the traditional network perimeter.

Paydibs backs direct access to Malaysia’s payment rails and global wallets to cut costs, speed settlements and boost SME resilience.

Rapid AI rollout, geopolitical rifts and fragile supply chains are upending cyber risk, straining outdated security and compliance regimes.

Myths over the value of business data are leaving smaller firms dangerously exposed, IDS-INDATA warns ahead of Data Privacy Day.

A leading fraud expert says the FCA’s new Firm Checker will boost transparency but leave sophisticated social engineering scams largely untouched.

Banks are set to embed AI deep into payment systems by 2026, slashing costs as fraud surges and pressure mounts on platforms and regulators.

Hadrian rolls out AI “offensive” agents that mimic hackers, probing firms’ systems continuously to spot and fix cyber flaws first.