Fraud stories - Page 12

Nuance Communications claims its biometric technology has thwarted over USD $1 billion in fraud, as fraud attacks via contact centres rise sharply.

Along with greater speed comes new fronts in the fight against fraud. Here are three trends to watch as financial institutions balance speed and security.

Its new solution uses machine learning to protect online and mobile channels, as well as meet compliance requirements for transactional risk analysis.

Huawei faces 13-count indictment in the US, including bank fraud, wire fraud, and conspiracy charges. CFO Meng also indicted.

Proofpoint researchers have looked ahead at the trends and events likely to shape the threat landscape in the year to come.

Despite the crackdowns, Microsoft warns that these scams persist and target everyone, no matter their age or location.

The company admits that approximately 10 million records containing personal data may have been accessed during the 2017 breach.

From personal privacy to online scams, it seems almost every IT security-related issue now has its very own awareness week.

Action Fraud UK is warning people to be wary of any emails they receive that look like they belong to UK university email addresses.

IDC names Socure, BioCatch, IdentityMind Global, and Acuant as 'Innovators,' spotlighting their cutting-edge solutions in the evolving identity proofing market.

Emailage delivers online fraud mitigation and email risk assessment technologies and says eCommerce fraud is a growing problem around the world.

Digital fraud in APAC is rising as online threats evolve. RSA Security's Richard Booth highlights key risks and strategies to stay protected.

Mobile app fraud has risen by 680% since 2015, as hackers target mobile channels for fraud, according to RSA Security's Q1 2018 Fraud Report.

Email fraud attacks surged 55% last quarter as criminals focus on targeted strikes, with real estate firms among the hardest hit, reports Proofpoint.

Ecommerce is thriving in the Asia Pacific region, but 18% of consumers remain vulnerable to fraud, according to Experian's 2018 report.

Businesses that use the SWIFT network must comply with SWIFT's Customer Security Programme (CSP) or face the risk of attacks.

Fraudsters are targeting legitimate social media platforms to create a new type of fraud market – one that has a global reach.

A new study from Barracuda has revealed an increasingly popular method of cybercrime - steal email credentials then steal money from colleagues.

Falsified SWIFT messages were used to attempt unauthorized fund transfers, which were blocked through a collaborative effort.

Re:scam, an AI chatbot developed by Netsafe, is wasting scammers' time with endless questions to protect potential victims.