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Fraud prevention Stories - Page 36

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Fraud prevention stories

APAC Retailers Embrace AI Amid Shifting Consumer Preferences
Digital Transformation

APAC Retailers Embrace AI Amid Shifting Consumer Preferences

Over a third of APAC consumers now use AI for shopping, boosting convenience and new brand discoveries, says Adyen's 2025 report.

By Sean Mitchell • 4 min read • Mon, 2nd Jun 2025
Strengthening cyber resilience in superannuation
Multi-factor authentication

Strengthening cyber resilience in superannuation

Cyberattacks have drained AU$500,000 from Australian super funds, exposing 12.6 million members and prompting calls for stronger, layered digital defences.

By Kon Poptodorov • 4 min read • Fri, 30th May 2025
SEON expands APAC team as demand for fraud tech solutions rises
Fintech

SEON expands APAC team as demand for fraud tech solutions rises

SEON expands its Asia-Pacific team in response to growing demand for advanced fraud prevention and anti-money laundering solutions across the region.

By Catherine Knowles • 3 min read • Fri, 30th May 2025
Skyfire & Cequence enable secure digital access for AI agents
Data Protection

Skyfire & Cequence enable secure digital access for AI agents

Skyfire partners with Cequence Security to enable secure, compliant digital access for autonomous AI agents in the emerging AI economy.

By Kaleah Salmon • 3 min read • Thu, 29th May 2025
Adidas data breach highlights supply chain risk for retailers
Data Protection

Adidas data breach highlights supply chain risk for retailers

Adidas has suffered a data breach via a third-party provider, exposing customer information and highlighting rising cyber risks in retail supply chains.

By Kaleah Salmon • 4 min read • Thu, 29th May 2025
Hazy Hawk exploits abandoned cloud DNS for global scams surge
Cloud Security

Hazy Hawk exploits abandoned cloud DNS for global scams surge

Cybersecurity firm Infoblox warns of Hazy Hawk, a threat actor hijacking DNS records from abandoned cloud resources to spread scams and malware worldwide.

By Shannon Williams • 4 min read • Thu, 22nd May 2025
Retail fraud awareness rises with social media, risks USD $107bn
Artificial Intelligence

Retail fraud awareness rises with social media, risks USD $107bn

Awareness of retail fraud surges via social media, with risks looming at USD $107bn by 2029 as consumers grow tempted and acceptance rises.

By Shannon Williams • 4 min read • Thu, 22nd May 2025
DenizBank taps Red Hat OpenShift AI to speed up model rollout
Hybrid Cloud

DenizBank taps Red Hat OpenShift AI to speed up model rollout

DenizBank has adopted Red Hat OpenShift AI, accelerating AI model deployment and cutting development time from days to just 10 minutes in its financial services.

By Melania Watson • 4 min read • Wed, 21st May 2025
Temu joins global council to step up fight against online fakes
Payment Technologies

Temu joins global council to step up fight against online fakes

Temu has joined the International Anti-Counterfeiting Coalition's Marketplace Advisory Council to strengthen efforts against online counterfeit goods.

By Sean Mitchell • 3 min read • Wed, 21st May 2025
Ecommpay shortlisted for three categories at PayTech Awards 2025
Fintech

Ecommpay shortlisted for three categories at PayTech Awards 2025

Ecommpay has been shortlisted for three awards at the PayTech Awards 2025, recognising innovation in payments, anti-fraud, and diversity leadership.

By Sean Mitchell • 2 min read • Mon, 19th May 2025
First-party fraud now top global threat, outpacing scams
Phishing

First-party fraud now top global threat, outpacing scams

First-party fraud now tops global cyberattacks, rising to 36% of cases in 2024, according to LexisNexis Risk Solutions' Cybercrime Report.

By Shannon Williams • 4 min read • Thu, 15th May 2025
EU urges social media ad checks to tackle €4.3bn scam crisis
Social Media

EU urges social media ad checks to tackle €4.3bn scam crisis

EU member states urge social media firms to verify advertisers to curb a EUR €4.3bn investment scam crisis sweeping across Europe.

By Kaleah Salmon • 3 min read • Thu, 15th May 2025

Stories from Other Regions

Fraud prevention stories

NEXT & Infobip boost security & RCS messaging for shoppers
Customer Experience

NEXT & Infobip boost security & RCS messaging for shoppers

NEXT partners with Infobip to boost shopper security, blocking 175,000 fake messages monthly and enhancing customer engagement with advanced RCS messaging.

By Kaleah Salmon • 3 min read • Thu, 5th Jun 2025
Appian launches Connected Claims 2.0 to transform insurance
Digital Transformation

Appian launches Connected Claims 2.0 to transform insurance

Appian launches Connected Claims 2.0, an AI-driven platform to revolutionise insurance claims with faster processing, fraud detection, and improved customer experience.

By Melvin Hipolito • 3 min read • Wed, 4th Jun 2025
Akamai launches DNS Posture Management for multicloud security
Firewalls

Akamai launches DNS Posture Management for multicloud security

Akamai has launched DNS Posture Management, offering centralised control over DNS assets across multicloud platforms to enhance security and compliance.

By Sean Mitchell • 3 min read • Tue, 3rd Jun 2025
AI accelerates identity fraud as firms overestimate defences
Fintech

AI accelerates identity fraud as firms overestimate defences

Significant rise in identity fraud targeting European firms, with 59% reporting more attacks despite 74% feeling confident in their defences, Signicat finds.

By Shannon Williams • 4 min read • Tue, 3rd Jun 2025
AI-driven phishing attacks surge against Australian targets in 2024
Digital Transformation

AI-driven phishing attacks surge against Australian targets in 2024

AI-driven phishing attacks targeting Australian businesses surged in 2024, with over 30 million attempts recorded, making Australia the eighth most targeted country.

By Melania Watson • 4 min read • Fri, 30th May 2025
McAfee rolls out AI scam detector for Australians amid surge
Phishing

McAfee rolls out AI scam detector for Australians amid surge

McAfee launches AI Scam Detector for Australians amid surge, targeting texts, emails and videos with 99% detection accuracy to curb rising online scams.

By Kaleah Salmon • 4 min read • Wed, 21st May 2025