Fraud prevention stories
Visa is pouring billions into AI defences as regulators demand safer, auditable systems to counter faster cyber threats and fraud.
World Cup betting traffic has become a target for denial-of-service campaigns, with one European operator hit by 19 million malicious requests.
Fraud teams will gain extra app-level signals as the firms combine mobile protection with identity intelligence to catch tampering and abuse.
Cybersecurity group Wultra will use the funding to expand its digital identity platform as banks face rising AI-driven fraud and quantum risks.
Winter brings a sharp rise in crypto, impostor and tech support fraud, with older Kiwis and travellers among the main targets.
The hire comes as APJ customers accelerate AI deployment, raising demand for identity controls to manage human and machine access safely.
More than 5 million connection attempts from 985 organisations show scam traffic is increasingly reaching workplaces via social apps and personal devices.
Banks and fintechs could cut onboarding delays as a single workflow now joins customer identity checks with real-time business verification.
Cisco and OpenAI say AI agents are reshaping cyber defence by helping organisations detect, fix and respond to security threats more quickly.
Banks could use continuous identity checks to curb rising takeover fraud, as the tie-up opens YEO Messaging to US financial institutions.
Certified apps could spare shoppers from carrying passports or driving licences as the UK moves to widen alcohol age checks from autumn 2026.
Scam checks are now available to Claude users across all tiers, as Norton embeds its Genie tool to flag suspicious messages and links.
Rising regulatory scrutiny is pushing more buyers towards layered checks, after Liminal named Shufti a leader in age verification and estimation.
Most customers still face avoidable phishing risk, as 59% of Australian banks lack the strict DMARC setting that blocks spoofed emails.
Women's underrepresentation in cyber has prompted a Scotland-wide push to widen the talent pipeline as the sector expands 20% in a year.
Automated graph-based checks saved Curve about USD $12 million in fraud losses in 2025 as it mapped linked accounts, devices and cards.
Fraudsters are exploiting tax season by stealing credentials and filing bogus returns, putting Australian refunds and ATO accounts at risk.
Older Americans face sharper phone-fraud risks as AI voice cloning and caller ID spoofing make scams harder to spot.
Scams that trick people into authorising payments drove UK fraud losses to GBP £1.28 billion last year, FICO said.
Retailers now face daily trading risk as PCI DSS 4.0 turns payment compliance into a continuous operational requirement, not an annual audit.