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Online fraud stories

Netacea secures GBP £4 million to combat bot attacks
Supply Chain

Netacea secures GBP £4 million to combat bot attacks

Netacea has secured an additional GBP £4 million investment from Mercia Asset Management to enhance its fight against sophisticated bot attacks.

By Catherine Knowles • 3 min read • Thu, 12th Dec 2024
Rise in counterfeit websites threatens holiday shoppers
Phishing

Rise in counterfeit websites threatens holiday shoppers

As the festive shopping season approaches, researchers have identified nearly 80,000 counterfeit websites, endangering online shoppers seeking deals.

By Melania Watson • 3 min read • Mon, 2nd Dec 2024
Experts warn of cyber risks as Black Friday approaches
Endpoint Protection

Experts warn of cyber risks as Black Friday approaches

As Black Friday and Cyber Monday approach, experts warn shoppers to be vigilant against rising cyber threats like malvertising and online fraud.

By Shannon Williams • 3 min read • Thu, 28th Nov 2024
Kaspersky uncovers Russian-led crypto & web3 fraud campaign
Malware

Kaspersky uncovers Russian-led crypto & web3 fraud campaign

Kaspersky has uncovered a sophisticated cyber fraud scheme, 'Tusk,' exploiting popular trends like web3 and AI to steal cryptocurrency and sensitive data.

By Shannon Williams • 3 min read • Thu, 22nd Aug 2024
GenAI tools amplify online fraud risks, report reveals
Unified Communications

GenAI tools amplify online fraud risks, report reveals

A new Transmit Security report reveals generative AI is fuelling a surge in dark web fraud, with accessible tools like FraudGPT boosting online scam capabilities.

By Shannon Williams • 3 min read • Wed, 31st Jul 2024
BforeAI launches PreCrime Guarantee offering tenfold reimbursements
Risk & Compliance

BforeAI launches PreCrime Guarantee offering tenfold reimbursements

Cybersecurity firm BforeAI launches PreCrime Guarantee, pledging up to ten times reimbursement of service contracts if their AI fails to prevent a cyberattack.

By Shannon Williams • 3 min read • Thu, 30th May 2024
There's a whole new wave of investment scams – and they feature people you might know
Email Security

There's a whole new wave of investment scams – and they feature people you might know

AI-generated deepfakes are fuelling a new era of investment scams, featuring familiar faces to deceive us. Here's how to spot and avoid these high-tech traps.

By Stephen Kho • 3 min read • Thu, 23rd May 2024
Fastly introduces Bot Management to combat online fraud
Application Security

Fastly introduces Bot Management to combat online fraud

Fastly has launched its Bot Management system, a cybersecurity advancement aimed at thwarting bot-triggered online fraud and abuses.

By Tom Raynel • 3 min read • Wed, 3rd Apr 2024

Stories from Other Regions

Online fraud stories

UK SMBs lose GBP £11,000 on average to online fraud in 2024
Email Security

UK SMBs lose GBP £11,000 on average to online fraud in 2024

Research shows UK small and medium-sized businesses lost nearly GBP £11,000 each to online fraud in 2024, raising survival concerns among leaders.

By Shannon Williams • 3 min read • Thu, 5th Dec 2024
AI fraud networks exploit UK shoppers amid festive season
Online fraud

AI fraud networks exploit UK shoppers amid festive season

AI-driven fraud threatens to undermine Black Friday and Cyber Monday shopping, with UK scams costing victims over GBP £11.5 million last year.

By Shannon Williams • 3 min read • Tue, 3rd Dec 2024
Survey: Security top concern for online banking in Singapore
Fintech

Survey: Security top concern for online banking in Singapore

A new FIS survey reveals security is the top concern for online banking in Singapore, with 56% noting increased fraud attempts and millennials most affected.

By Shannon Williams • 3 min read • Tue, 24th Sep 2024
Most Australians targeted by online scams, study reveals
EduTech

Most Australians targeted by online scams, study reveals

New research by PayPal shows a staggering 97% of Australians have been targeted by scammers, with 86% proactively helping others to stay safe online.

By Shannon Williams • 3 min read • Thu, 18th Jul 2024
97% of Australians targeted by digital scams, says PayPal report
Marketing Technologies

97% of Australians targeted by digital scams, says PayPal report

A PayPal study reveals 97% of Australians have faced online scam attempts, with most turning to millennials for tech safety support.

By Shannon Williams • 3 min read • Tue, 16th Jul 2024
Netsafe warns of inadequate response to rising online fraud
EduTech

Netsafe warns of inadequate response to rising online fraud

The Ministry of Justice's latest crime survey reveals a surge in online fraud, highlighting an urgent need for a coordinated multi-agency response, says Netsafe.

By Kaleah Salmon • 4 min read • Tue, 2nd Jul 2024
Bitdefender launches AI scam detector Scamio on WhatsApp in Australia
Advanced Persistent Threat Protection

Bitdefender launches AI scam detector Scamio on WhatsApp in Australia

Bitdefender has unveiled Scamio on WhatsApp in Australia, offering an AI-powered tool to tackle online fraud, responding to a high occurrence of scams.

By Sean Mitchell • 2 min read • Mon, 27th May 2024
Rising prepaid card use in UK amid living cost crisis
Online fraud

Rising prepaid card use in UK amid living cost crisis

Nearly half of young adults in London are using Prepaid cards to manage finances and avoid debt amid cost of living crisis.

By Shannon Williams • 3 min read • Fri, 17th May 2024
Australians show interest in using AI for online dating
Email Security

Australians show interest in using AI for online dating

Over 50% of Australian online daters show interest in using AI to enhance their dating experience and avoid scams, according to a Norton survey.

By Tom Raynel • 3 min read • Fri, 26th Apr 2024
Visa's digital payment service uplifts Asia's economy, cuts fraud by 58%
Marketing Technologies

Visa's digital payment service uplifts Asia's economy, cuts fraud by 58%

Visa's digital economy and anti-fraud efforts in Asia Pacific are making strides. Over USD $2bn in transactions were processed through its Token Service, and merchants reported a 58% decrease in fraud.

By Kaleah Salmon • 3 min read • Fri, 29th Mar 2024