Fraud stories - Page 7

83% of anti-fraud professionals to deploy generative AI in anti-fraud activities within two years, says 2024 Anti-Fraud Technology Benchmarking Report, despite earlier lag behind expectations.

Mobile app security firm Appdome introduces Geo Compliance feature set to fight mobile fraud and aid brands in verifying user location.

AI-powered accounts payable firm SpendConsole expands into the Middle East, opening a new office in Dubai amidst rising demand for automation solutions.

Netsafe, a charitable organisation in New Zealand, has launched 'Get Set Up for Safety', a nationwide initiative to equip senior citizens with skills to combat online threats such as fraud and scams.

A Swedish report exposes a disturbing surge in Artificial Inflation of Traffic (AIT) fraud, with 20 billion fraudulent SMS messages costing organisations a total of $1.16 billion in 2023.

This Valentine's Day, Cequence Security's alarming research reveals an increase in scamming activity on dating apps, with fraudsters posing as romantic prospects to exploit users financially.

A study by XConnect and Mobilesquared reveals CPaaS providers are expected to lose nearly a quarter of trust in SMS platforms between 2023 and 2025 due to potential fraud risks.

Online fraud prevention leader SEON steps into Amazon Web Service's Independent Software Vendor Accelerate Program, expanding its pioneering platform's accessibility and reach.

In its inaugural AML transaction monitoring solutions evaluation, Chartis Research recognises analytics giant SAS as a category leader, underscoring its impressive capabilities in analytical modelling, risk typology modelling, and workflow automation.

HypeAuditor report predicts Instagram influencer marketing will reach a dramatic USD $22 billion by 2025, driven by a surge in social eCommerce and a shift to digital advertising.

New Zealand businesses grapple with cybercrime's volatile threat landscape, as incidents across various sectors showcase the dire consequences. A nuanced approach to cybersecurity strategy is vital.

Dow Jones partners with global consulting firm Oliver Wyman to develop Factiva Sentiment Signals, an AI-driven tool able to anticipate credit downgrades using news data, up to three months early.

Daon has launched xSentinel, a real-time detection system designed to protect organisations from synthetic audio threats, including deepfakes and AI-generated voice attacks.

Gen predicts AI will customise and escalate cyber threats by 2024, making cybersecurity a daily life necessity.

Alarming data shows cybercriminals escalating efforts to exploit Black Friday, with a 135% increase in fake retail sites.

Cybersecurity firm Cequence Security is participating in Microsoft's Security Copilot Private Preview, leveraging their Microsoft Security expertise.

Squire Technologies introduces Mirus, an innovative messaging platform set to transform mobile and enterprise communication.

The Fintech and Payments Advisory Network (TFPA) has hired a new CEO, COO and Executive Chair to lead its growth journey.

Cequence Security offers first-ever API protection on the HPE GreenLake Marketplace, promoting visibility, reduced costs, and minimised business risks.

Gen Z and millennials, the digital era's major users, are most at risk of falling prey to cybercrimes, a study suggests.