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

Online fraud stories - Page 11

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AI-driven counter fraud platform utilised by eftpos to help prevent cybercrime

Thu, 2nd Dec 2021
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eftpos launches AI-driven counter fraud platform to combat online cybercrime in Australia. Developed by Featurespace. #Cybersecurity #AI #Australia.
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Nuance revamps AI authentication to protect seniors from fraud

Fri, 5th Jun 2020
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Nuance enhances Gatekeeper AI to better protect seniors from fraud, prioritising elderly callers in call centres amid rising cyber threats during COVID-19.
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Black Friday alert: Financial botnets targeting eCommerce apparel sites

Tue, 26th Nov 2019
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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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FBI disrupts multiple botnets as part of anti-fraud operation

Thu, 29th Nov 2018
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The FBI, with the help of F-Secure, has dismantled the 3ve ad fraud ring that manipulated traffic from 1.7 million IPs, generating USD $30 million in revenue.
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Mobile app fraud transactions have skyrocketed 680% since 2015

Thu, 24th May 2018
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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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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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identity theft
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Cybercriminals are ditching the 'quick buck' methods of stealing credit cards and are instead going after identity data.
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Email phishing scam targeting UK students a 'timely warning'

Wed, 6th Sep 2017
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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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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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credit card 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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Survey finds China's a hotspot for all types of fraud: Whistleblowing may be the answer

Mon, 23rd Jan 2017
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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.
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Stripe's new 'caller ID' machine learning platform is tackling online fraud - and making card payments safer

Fri, 21st Oct 2016
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Radar works by using algorithms to detect patterns and instances of likely fraud. As it learns, its defences become more powerful over time.