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

Online fraud stories - Page 2

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AI-driven counter fraud platform utilised by eftpos to help prevent cybercrime
Thu, 2nd Dec 2021
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ai
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cybersecurity
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retail
eftpos launches AI-driven counter fraud platform to combat online cybercrime in Australia. Developed by Featurespace. #Cybersecurity #AI #Australia.
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Video: 10 Minute IT Jams — Who is Forter?
Thu, 25th Nov 2021
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online fraud
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retail
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banking industry
Forter, a SaaS-based fraud detection company, works with global online retailers and banks to provide real-time trust analysis.
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GBG and SEON strengthen online fraud prevention for financial institutions
Wed, 8th Sep 2021
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seo
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martech
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partner programmes
GBG partners with SEON to bolster online fraud prevention for banks and fintechs, offering technology integrated into the GBG Intelligence Center.
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Scams number one online crime
Fri, 11th Jun 2021
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email security
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cybersecurity
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online fraud
Scams make up 56% of all online fraud attacks, according to new research from cyber intelligence company Group-IB.
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Forter doubles revenue in 12 months, raising $300 million for a $3 billion valuation
Fri, 28th May 2021
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martech
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commerce systems
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payment gateways
Forter, the eCommerce fraud prevention company, has raised $300m in funding, doubling its revenue and reaching a $3bn valuation.
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Nuance revamps AI authentication to protect seniors from fraud
Fri, 5th Jun 2020
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contact centre
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nuance
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online fraud
Nuance enhances Gatekeeper to shield seniors from fraud, prioritising their calls with voice detection AI.
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NZ credit bureau Centrix co-develops fraud detection service
Wed, 19th Feb 2020
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privacy
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cios
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online fraud
The service has been put through a robust Privacy Impact Assessment and it was developed in accordance with New Zealand’s current privacy legislation.
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Cloudera: Taking a unified approach to fighting financial crime
Tue, 21st Jan 2020
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big data
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data analytics
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bi
Banks spend $1.28 trillion to fight surging financial crime, impacting global confidence and revenue.
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Hong Kong counts the opportunities and costs of leading fintech adoption rates
Fri, 6th Dec 2019
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fintech
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retail
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online fraud
High early adoption rates and extensive mobile device use make Asia the ideal testing ground for fintech development.
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Black Friday alert: Financial botnets targeting eCommerce apparel sites
Tue, 26th Nov 2019
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martech
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commerce systems
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cios
Black Friday is arguably the most anticipated retail sales period in the world, when brands offer consumers the largest discounts and promotional offers.
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Cost of fraud averaging 3.4 times lost transaction value - study
Mon, 21st Oct 2019
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cios
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online fraud
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fraud
The LexisNexis study found that there was an average of almost 400 successful monthly fraudulent transactions in the South East Asia region.
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How YouAppi aims to enable effective detection of fraudulent traffic
Tue, 9th Jul 2019
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online fraud
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fraud
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emerging technology
YouAppi aims to allow brands to make real-time adjustments and optimise marketing efforts in order to reach customers at any point in the funnel.
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How finance leaders can drive growth and avoid risk
Tue, 7th May 2019
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big data
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bi
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data analytics
Finance leaders must embrace new technologies and combat fraud to drive growth and mitigate risks, says SAP Concur.
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FBI disrupts multiple botnets as part of anti-fraud operation
Thu, 29th Nov 2018
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malware
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cybersecurity
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f-secure
FBI and F-Secure tackle '3ve' fraud, dismantle botnets that used 1.7m IPs for ad scam.
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Kiwis concerned about being scammed – survey
Mon, 12th Nov 2018
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phishing
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email security
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cybersecurity
This unease is warranted given the growing sophistication of scammers and their activities, and numbers of attempted fraud.
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Mobile app fraud transactions have skyrocketed 680% since 2015
Thu, 24th May 2018
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endpoint protection
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edr
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cybersecurity
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.
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Cybercrime becomes most common form of fraud in UK
Tue, 27th Feb 2018
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cybersecurity
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fraud
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online fraud
PwC's study has found for the first time ever cybercrime has become the most common form of fraud with nearly a quarter resulting in a loss of £700k.
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Out with credit cards & in with identity data: Cybercriminals take fraud to new levels
Wed, 24th Jan 2018
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physical security
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identity theft
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online fraud
Cybercriminals are ditching the ‘quick buck’ methods of stealing credit cards and are instead going after identity data.
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Online fraud leaves APAC consumers wary of digitalization
Wed, 15th Nov 2017
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digitalisation
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online fraud
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apac
APAC's rising online fraud hits trust in digital services, says report.
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Email phishing scam targeting UK students a ‘timely warning’
Wed, 6th Sep 2017
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phishing
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email security
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cybersecurity
UK watchdog Action Fraud has released details of an complex email phishing scam that has been touted as a much needed warning for the public.
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$534m lost in 2016 as credit card fraudsters ditched the plastic & moved online
Mon, 7th Aug 2017
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credit card fraud
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online shopping
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cios
Physical credit card fraud is on the decline as online fraud takes its place, according to new statistics from the Australian Payments Network.
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Digital Shadows discovers credit card crime ring cashing in on $24b a year
Tue, 25th Jul 2017
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cybersecurity
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retail
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online fraud
A professional ecosystem has emerged that is providing e-learning courses to allow aspiring cybercriminals to make USD$12k in monthly earnings.
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Report urges organisations to be wary of BYOD and rogue employees
Wed, 24th May 2017
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smartphones
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technology gifts
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online fraud
Almost half of APAC businesses lack specific policies on personal device use for work, leaving them vulnerable to security threats, according to EY.
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Survey finds China’s a hotspot for all types of fraud: Whistleblowing may be the answer
Mon, 23rd Jan 2017
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cybersecurity
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kroll
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online fraud
Whistleblowers may be the key to tackling China's soaring fraud rates, says Kroll survey, with senior-level involvement in a third of cases.