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

Fraud stories - Page 5

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Top mobile messaging disruptors unveiled for 2025

Tue, 28th Jan 2025
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uc
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supply chain
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investment
Juniper Research has highlighted Sendbird, Front, and Sleekglow as top disruptors in the mobile messaging sector for 2025, aiming to challenge established players.
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Zendesk exploit allows phishing scams, CloudSEK reports

Wed, 22nd Jan 2025
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endpoint protection
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phishing
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email security
CloudSEK's latest report reveals how cybercriminals exploit Zendesk's subdomain feature to create convincing phishing scams, risking brand trust and security.
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How malicious bots disrupt the holiday travel season

Sat, 28th Dec 2024
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cx
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martech
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advanced persistent threat protection
As Australian airlines brace for the bustling holiday season, they face a rising tide of malicious bots threatening customer trust and revenue.
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Businesses face $2.58 million in losses per hour from bots

Fri, 20th Dec 2024
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endpoint protection
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martech
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commerce systems
Cequence warns businesses could face average losses of USD $2.58 million per hour this December due to surging malicious bot traffic and fraud.
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LexisNexis to acquire IDVerse for advanced AI fraud tools

Fri, 13th Dec 2024
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cx
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martech
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risk & compliance
LexisNexis Risk Solutions has announced plans to acquire IDVerse, aiming to enhance its fraud management capabilities with AI-powered technology.
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iProov integrates biometrics with Microsoft Entra ID

Fri, 13th Dec 2024
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biometrics
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mfa
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iam
iProov has integrated its biometric authentication platform with Microsoft Entra ID, enhancing security for over 345 million users against identity fraud.
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UK SMEs face heightened cyber threats from AI deepfakes

Thu, 12th Dec 2024
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advanced persistent threat protection
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education, learning & training
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fraud
A new survey reveals that 86% of UK SME employees fear rising cyber threats from AI and deepfakes, with many lacking confidence to identify risks.
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Experts warn of AI-driven threats to SaaS applications

Fri, 29th Nov 2024
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malware
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cloud security
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phishing
Cybersecurity experts at AppOmni warn that AI will empower attackers, making SaaS applications more vulnerable to sophisticated breaches in the coming years.
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Corporate Digital Identity: a tool to combat financial crime

Fri, 29th Nov 2024
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money laundering
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fraud
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financial institutions
Financial crime is set to cost global economies USD $485.6 billion in 2023, prompting calls for Corporate Digital Identity to enhance fraud prevention.
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NCSC warns of sophisticated scams during Black Friday

Tue, 26th Nov 2024
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data protection
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mfa
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phishing
The NCSC warns of a surge in sophisticated scams this Black Friday and Cyber Monday, with over 32,000 fraud reports and losses totalling GBP £30.4 million.
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ICO urges firms to responsibly share data to tackle fraud

Sat, 23rd Nov 2024
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data protection
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email security
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data privacy
The Information Commissioner's Office is urging organisations to share personal information responsibly to combat the UK's growing fraud crisis.
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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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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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Identity fraud in Europe surges by 150%, deepfakes on the rise

Wed, 20th Nov 2024
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crypto
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blockchain
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email security
Identity fraud in Europe has surged by 150% year-on-year, with deepfake use escalating sharply and businesses reporting widespread challenges.
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Bitdefender unveils Scamio tool to tackle Discord scams

Tue, 5th Nov 2024
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malware
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phishing
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email security
Bitdefender has launched Scamio on Discord, a free tool designed to protect users from rising scams on the platform, which has over 200 million monthly users.
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New report reveals persistent API security breaches risk

Fri, 1st Nov 2024
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advanced persistent threat protection
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breach prevention
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genai
A new Traceable AI report reveals 57% of organisations have suffered API breaches, highlighting significant flaws in current security measures.
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Trustwave highlights rising eCommerce threats in retail sector

Wed, 30th Oct 2024
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ransomware
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phishing
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advanced persistent threat protection
Trustwave's latest SpiderLabs report reveals a surge in cyber threats to the retail sector, urging heightened vigilance as the holiday shopping season approaches.
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Appdome named mobile security leader in five categories

Wed, 9th Oct 2024
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application security
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devsecops
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cybersecurity
Appdome has earned leader status in five new categories from G2, enhancing its reputation in mobile security and anti-fraud solutions.
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Hibbett enhances security with Cequence API protection platform

Fri, 13th Sep 2024
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advanced persistent threat protection
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physical security
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microsoft
Hibbett has adopted the Cequence Unified API Protection platform to bolster its security, enhancing automated threat detection and API management across its operations.
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Bitdefender unveils first comprehensive security for creators

Mon, 9th Sep 2024
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malware
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phishing
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advanced persistent threat protection
Bitdefender launches Security for Creators to guard YouTubers, digital professionals, and influencers against cyber threats like account takeovers, fraud, and malware.