Cyber fraud stories - Page 2

Norton has launched its AI-powered Scam Protection globally for all Norton 360 and mobile users, enhancing defence against scams at no extra cost.

Russia, the US and Brazil top the Executive Crypto Threat Index as the riskiest countries for wealthy cryptocurrency holders in 2025, while Japan and Singapore are safest.

Corporate boards often underestimate cyber incident impacts, facing ransomware losses averaging USD $2.7 million with downtime lasting 24 days, warns Willis report.

By 2026, 79% of Asia Pacific firms plan to boost threat intelligence spending and adopt AI to tackle rising cyber threats and regulatory demands.

Phishing-as-a-Service, powering 60-70% of attacks, is lowering barriers in cybercrime, letting novices launch large-scale scams in 2025.

Cloudflare and Microsoft, with global law enforcement, have disrupted LummaC2, a major malware service stealing data worldwide and used for cybercrime.

A study by Proofpoint reveals a rise in Bitcoin scams utilising video attachments in multimedia messages, evolving from static images to deceive victims.

As Chinese New Year 2025 approaches, Kaspersky warns of a rise in fraudulent websites exploiting the festive spirit, enticing consumers with fake deals.

Cequence warns businesses could face average losses of USD $2.58 million per hour this December due to surging malicious bot traffic and fraud.

Bureau has raised USD $30 million in a Series B funding round, aiming to tackle the global fraud crisis, which costs USD $486 billion each year.

Paladin Capital Group's latest report reveals global Safety Tech investment has surged to $6.3 billion, highlighting steady sector growth amid rising digital threats.

Transmit Security's latest report reveals a surge in AI-driven fraud scams, highlighting dark web marketplaces and tools like FraudGPT that empower even novice fraudsters.

Bitdefender partners with the Global Anti-Scam Alliance to combat rising AI-driven scams, leveraging its tech expertise to protect global consumers from online fraud.

To combat the rising threat of cyber fraud, a new alliance aims to reinforce consumer safety in banking, cryptocurrency, and telecommunications sectors in NZ.

ESET reports a marked increase in deceptive SpyLoan apps targeting the APAC region, posing a serious cyber threat.