Scams stories
Account takeover and card-testing attacks surged as AI lowered the cost and speed of scams, raising pressure on online retailers.
Australians are losing billions as AI-driven fraud pushes banks, telcos and platforms to share scam data faster and stop payments earlier.
Scam losses are rising faster than human fraudsters alone can explain, with AI-enabled cases in the US already topping USD $900 million.
The deal would bolster Visa's push into fraud prevention as banks battle account takeovers, scams and money mule activity.
Rising use of digital payments is forcing fintechs to tighten controls as executives warn that weak access, AI and fraud defences are exposing customers.
The financial authentication firm is shifting to a new executive structure as it expands internationally and tackles rising fraud and scam activity.
Rising fraud, shipping costs and AI-driven shopping are set to squeeze retailers' margins this holiday season unless customer data improves.
Fraudsters' World Cup scam sites were spotted months ahead of kick-off, helping agencies and firms shut down fake FIFA domains before users were hit.
AI-driven phishing and state-linked espionage are pushing Asia-Pacific incident numbers higher, with data breaches still the biggest threat.
Boards face rising pressure to control shadow AI as attackers automate faster and security teams shift to continuous verification.
Australians lost AUD $2.18 billion to scams in 2025 as fake myGov logins and bogus invoices exploit tax-season urgency, Proofpoint said.
Trust gaps are slowing AI shopping adoption, with only 41% of UK users willing to let tools complete a full purchase journey.
Small firms may miss basic cyber gaps as a free self-check from MY CYBER GUARD flags weak passwords, patching and backup risks.
India's fintech sector may need new benchmarks as simple transaction counts fail to show whether users really understand and trust digital finance.
Customers face heightened scam risks as Origin Energy investigates claims that a hacker accessed two million records and alerted regulators.
Digital fatigue and scam fears are helping keep posted letters credible, with 78% wanting important government messages by mail.
Mobile-led fraud is forcing Indian banks to confront faster scams, bigger attempted transfers and a growing mule network.
As Australia braces for tougher scam rules, the exchange is expanding its intelligence-sharing role and separating management from oversight.
UK consumers and businesses could benefit as Cifas adds nearly 500 scam signals to a global network aimed at faster takedowns.
As AI spreads through core business functions, executives warn weak oversight could expose firms to deepfakes, fraud and costly incidents.
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