CFOtech Australia - Technology news for CFOs & financial decision-makers

Fraud prevention stories - Page 22

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Exploring the role & impact of bots in eCommerce

Fri, 22nd Nov 2024
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martech
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commerce systems
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retailtech
In a new article, Shira Itzhaki from Forter examines the dual role of bots in eCommerce, highlighting the challenge of distinguishing harmful from helpful bots.
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Global fraud attacks rise 19% amid AI exploitation

Fri, 22nd Nov 2024
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uc
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collaboration
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fraud
A new report reveals a staggering 19% rise in global fraud attacks, largely fuelled by AI exploitation, highlighting urgent need for improved detection measures.
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Appsflyer adds AI layer to boost fraud prevention tool

Thu, 21st Nov 2024
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data analytics
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ai
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marketing
AppsFlyer launches an AI enhancement layer for its Protect360 fraud prevention solution, tackling the rising threat of sophisticated advertising fraud.
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Experts warn businesses of escalating cyber security threats

Thu, 21st Nov 2024
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mfa
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advanced persistent threat protection
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email security
As International Fraud Awareness Week unfolds, experts warn businesses about the rising threat of Business Email Compromise, urging vigilance amid evolving cyber risks.
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Hornetsecurity launches DMARC Manager to enhance email security

Thu, 21st Nov 2024
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email security
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cybersecurity
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dmarc
Hornetsecurity has unveiled DMARC Manager, a tool designed to simplify email security for organisations managing multiple domains amid rising fraud threats.
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AI-driven fraud & deepfakes pose escalating global threat

Wed, 20th Nov 2024
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crypto
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blockchain
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phishing
The Entrust Cybersecurity Institute's 2025 report reveals AI-assisted fraud incidents surged, with deepfake attacks hitting every five minutes in 2024.
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Bad bot evolution: AI bots challenge online security measures

Wed, 20th Nov 2024
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ai
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cybersecurity
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online security
Researchers at Barracuda report that evolving AI bots, termed 'grey bots', are increasingly challenging online security by mimicking human behaviour.
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RobobAI unveils AI platform for optimising B2B payments

Wed, 20th Nov 2024
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storage
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data analytics
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fintech
RobobAI, an Australian fintech, launches an AI platform to optimise enterprise working capital and enhance B2B payment systems amid economic uncertainty.
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Australians warned of Black Friday online shopping scams

Tue, 19th Nov 2024
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malware
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edr
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cybersecurity
Australians are being warned to stay vigilant as online shopping scams surge during Black Friday, with losses exceeding AUD $14.9 million this year.
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Cyber incidents cost Australia AUD $4.26m per breach in 2024

Tue, 19th Nov 2024
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digital transformation
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advanced persistent threat protection
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iam
Cyber incidents in Australia now average AUD $4.26 million per breach, a 27% rise since 2020, highlighting urgent cybersecurity needs.
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Fed gov imposes fines for inadequate scam prevention

Tue, 19th Nov 2024
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uc
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email security
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risk & compliance
The federal government is set to impose fines of up to AUD $50 million on companies failing to implement effective measures against rising fraud.
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Banks lead industries in adoption of generative AI technology

Tue, 19th Nov 2024
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risk & compliance
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genai
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data privacy
A report reveals that 60% of banking leaders are integrating generative AI technology into operations, outpacing other sectors in adoption rates.
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Mike Nawrocki joins Jumio as new Chief Revenue Officer

Mon, 18th Nov 2024
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biometrics
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risk & compliance
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ipo
Jumio has appointed Mike Nawrocki as Chief Revenue Officer, bringing over 25 years of sales leadership to enhance its identity verification solutions.
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CommBank app updates enhance security against scams

Mon, 18th Nov 2024
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crypto
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fintech
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blockchain
CommBank has unveiled new security features for its mobile app, including digital wallet reviews and scam warnings, to enhance customer protection against fraud.
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OneStream launches Sensible AI to boost CFO workflows

Thu, 14th Nov 2024
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data analytics
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ai
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software development
OneStream has unveiled its Sensible AI Library and OneStream Genesis, designed to enhance CFOs' efficiency in financial workflows through innovative AI solutions.
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Experts urge vigilance against growing digital fraud risks

Thu, 14th Nov 2024
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firewalls
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phishing
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physical security
Experts warn that rising digitalisation fuels fraud, with AI aiding cybercriminals, prompting calls for robust security and real-time threat response.
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Attestiv unveils deepfake detection tool for video

Fri, 8th Nov 2024
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genai
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ai
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cybersecurity
Attestiv has unveiled a new deepfake detection platform to help individuals and businesses tackle the rise of fake videos amid growing digital deception concerns.
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Ping Identity reveals top winners of 2024 excellence awards

Mon, 4th Nov 2024
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cx
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blockchain
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martech
Ping Identity has honoured the winners of the 2024 Identity Excellence Awards in Asia Pacific, celebrating outstanding leaders in the identity sector.
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Akamai bolsters Account Protector against cyber threats

Fri, 1st Nov 2024
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advanced persistent threat protection
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cybersecurity
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ncsc
Akamai Technologies has launched upgrades to its Account Protector, enhancing security against cyber threats amid rising scams costing shoppers GBP £10 million.
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Extend unveils Bill Pay to boost virtual card invoice payments

Fri, 1st Nov 2024
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supply chain
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payment technologies
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accounts payable
Extend has launched a new Bill Pay feature to enhance invoice payments for businesses, leveraging virtual cards for improved security and cash flow management.