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

Online fraud stories - Page 9

Techday f 7a3168bebdd89ad8ef3e

Crypto job scams in Australia cost victims USD $9.3 billion

Thu, 8th May 2025
#
online safety
#
online fraud
#
cybercrime
An Infoblox investigation exposes how recruitment scams on Telegram target Australians with fake jobs, demanding crypto payments to continue employment.
Techday f 6ea12d46ab0ef021661a

Subscription & 'mystery box' scams surge with new tactics

Thu, 1st May 2025
#
phishing
#
email security
#
cybersecurity
Bitdefender warns of over 200 sophisticated fraud sites using fake ads and subscriptions to scam consumers with deceptive 'mystery box' offers online.
Techday f 203ebd6a7deb6eba829a

Australian investors lose AUD $945 million to cyber scams

Tue, 29th Apr 2025
#
malware
#
vpns
#
phishing
Australian investment scams have cost consumers AUD $945 million in 2024, driven by complex cybercriminal groups Reckless Rabbit and Ruthless Rabbit, says Infoblox.
Techday f 4d8b7f871a4a6a12c662

AI bots drive 57% of holiday shopping traffic, study finds

Thu, 24th Apr 2025
#
firewalls
#
network security
#
application security
Radware's 2025 report reveals 57% of 2024 holiday eCommerce traffic was from bots, marking a shift with AI-enhanced bots outpacing human shoppers online.
Techday f 168f23d77ebb5912bb62

AI-powered scams surge online as Microsoft blocks USD $4bn

Thu, 17th Apr 2025
#
phishing
#
email security
#
ai
Microsoft's report reveals a surge in AI-powered scams, blocking USD $4bn in fraud and detecting 1.6 million bot signups per hour online.
Techday f e1c2988c184ecd8dcf29

Google blocks 5.1 billion ads & boosts AI ad safeguards

Thu, 17th Apr 2025
#
martech
#
email security
#
llms
Google blocked over 5.1bn ads and suspended 39.2m accounts in 2024, using AI advancements to combat ad scams and protect consumers.
Techday f 39def8c56acbbc689cf8

Bitdefender unveils new family security plans for consumers

Mon, 7th Apr 2025
#
cybersecurity
#
bitdefender
#
online fraud
Bitdefender has launched new Family Plans, offering tailored security solutions as cybercrime losses soar to over USD $1 trillion globally, ensuring families stay protected.
Techday f 90d4b89f00a193c9c9a6

US leads global online fraud rates, new study reveals

Sun, 16th Mar 2025
#
cybersecurity
#
online fraud
#
cybercrime
A recent study by ZeroBounce reveals the US leads globally in online fraud risk, with a staggering score of 64.2 and 83% of incidents occurring digitally.
Techday c6f9972b44c6c06ec63d

Emerging multimedia Bitcoin scams use deceptive MMS videos

Tue, 25th Feb 2025
#
physical security
#
cybersecurity
#
identity theft
A study by Proofpoint reveals a rise in Bitcoin scams utilising video attachments in multimedia messages, evolving from static images to deceive victims.
Techday 3d41d709403e929d66d5

Romance scams reach six-year high, Moody's reports

Thu, 13th Feb 2025
#
social media
#
online fraud
#
money laundering
Moody's highlights a six-year high in romance scams, unveiling 1,193 new entities globally in 2024, with the US leading at 38% of cases.
Techday f218dae44c6faa0ce351

Entrust launches AI identity tool to tackle USD $112bn fraud

Wed, 22nd Jan 2025
#
data protection
#
surveillance
#
biometrics
Entrust has launched a new AI-based identity verification service to help businesses tackle rising online fraud, which cost US firms USD $112 billion in 2024.
Techday 445899e445410a2e9eb2

Rise in counterfeit websites threatens holiday shoppers

Mon, 2nd Dec 2024
#
phishing
#
email security
#
cybersecurity
As the festive shopping season approaches, researchers have identified nearly 80,000 counterfeit websites, endangering online shoppers seeking deals.
Techday 810776a3e6fc11479b81

Experts warn of cyber risks as Black Friday approaches

Thu, 28th Nov 2024
#
endpoint protection
#
edr
#
data privacy
As Black Friday and Cyber Monday approach, experts warn shoppers to be vigilant against rising cyber threats like malvertising and online fraud.
Techday c27f7b81431ce75a68c1

Kaspersky uncovers Russian-led crypto & web3 fraud campaign

Thu, 22nd Aug 2024
#
malware
#
gaming
#
crypto
Kaspersky has uncovered a sophisticated cyber fraud scheme, 'Tusk,' exploiting popular trends like web3 and AI to steal cryptocurrency and sensitive data.
Techday 40b380840685c814c8e0

GenAI tools amplify online fraud risks, report reveals

Wed, 31st Jul 2024
#
uc
#
genai
#
ai
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.
Techday 264aabe1d36a4b169c89

Most Australians targeted by online scams, study reveals

Thu, 18th Jul 2024
#
edutech
#
martech
#
commerce systems
New research by PayPal shows a staggering 97% of Australians have been targeted by scammers, with 86% proactively helping others to stay safe online.
Techday 9c6b469c47dbec4c1e4f

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

Tue, 16th Jul 2024
#
martech
#
commerce systems
#
payment technologies
A PayPal study reveals 97% of Australians have faced online scam attempts, with most turning to millennials for tech safety support.
Img 7hjpfl0s9uqhtucfdlhkiuvk

BforeAI launches PreCrime Guarantee offering tenfold reimbursements

Thu, 30th May 2024
#
risk & compliance
#
ai
#
ai models
Cybersecurity firm BforeAI launches PreCrime Guarantee, pledging up to ten times reimbursement of service contracts if their AI fails to prevent a cyberattack.
Img ov8zyzgp93m4dsg22cbomyaf

Bitdefender launches AI scam detector Scamio on WhatsApp in Australia

Mon, 27th May 2024
#
advanced persistent threat protection
#
llms
#
ai
Bitdefender has unveiled Scamio on WhatsApp in Australia, offering an AI-powered tool to tackle online fraud, responding to a high occurrence of scams.
Img zcoklcz6hgqjia6n2gj6opac

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

Thu, 23rd May 2024
#
email security
#
ai
#
cybersecurity
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.