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

Online fraud stories - Page 2

Browser extension thief mask crypto coin shield wallet protection

Okta helps disrupt ShieldGuard crypto-stealing extension

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Okta and partners pull rogue ShieldGuard Chrome extension that stole crypto wallet data and bypassed browser defences via custom code.
Glowing fintech network shield smartphone fingerprint security

XConnect & SONIO team up to fight fraud in fintech

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XConnect links its mobile network fraud signals into SONIO's identity platform to tighten onboarding and compliance for fintech and gambling.
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Spoofed AI agents flood websites, straining defences

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digital transformation
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Spoofed AI agents are hammering major websites with billions of hidden requests, driving up costs and outpacing current security defences.
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Ecommpay scoops dual FSTech Awards for fraud & access

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Ecommpay clinches Anti-fraud Solution and Financial Inclusion titles at the FSTech Awards 2026, underscoring its payments innovation.
Dark banking office ai driven global financial crime laundering

AI-fuelled crime drives illicit funds to $4.4 trillion

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AI-fuelled scams help push illicit finance to an estimated USD $4.4 trillion in 2025, with fraud losses hitting USD $579.4 billion.
Openorigins

OpenOrigins app aims to prove photos real amid deepfakes

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physical security
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OpenOrigins launches a free app that cryptographically proves photos and videos are real at capture, tackling deepfake-driven distrust online.
Moody uk shop night ai scams ghostly screens distorted faces

AI scams 2.0 leave UK small businesses more exposed

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digital transformation
AI-powered deepfakes and targeted malware ads are fuelling a new wave of scams, leaving UK small firms dangerously exposed online.
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AI deepfakes trigger 'Great Trust Recession' online

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fintech
Almost half of people now distrust nearly everything they see online as AI deepfakes trigger a 'Great Trust Recession', new research shows.
Uk command centre law enforcement fighting online financial fraud

UK fraud overhaul plans GBP £30m Online Crime Centre

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UK unveils expanded fraud strategy, pledging GBP £250m and a GBP £30m Online Crime Centre to target fast-moving online and overseas scams.
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Bitdefender unmasks global Meta investment scam ads

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Bitdefender exposes 26,000 Meta ads in 25 countries pushing fake investment schemes, impersonating banks, media and public figures.
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Seven influencers sentenced over illegal FX promos

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Seven influencers with 4.5m Instagram followers were sentenced for pushing an illegal FX scheme in a case the FCA says should warn others.
Dark binary figure cuffed cloud breach phishing mfa takedown

Tycoon 2FA phishing service disrupted in major sting

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Police and tech firms have dismantled Tycoon 2FA, a phishing service used to bypass MFA and hijack cloud accounts at industrial scale.
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Meta removes nearly 6m scam ads after DSA reports

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Meta took down nearly 6m scam ads in 2025 after alerts from Lithuanian watchdog Debunk.org under the EU's Digital Services Act system.
Moody laptop dark desk phishing inbox shadowy hand global cyber threats

Israel-Iran conflict exploited in fresh email scam wave

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phishing
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physical security
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email security
Scammers hijack Israel-Iran war headlines for classic advance-fee email cons, security researchers warn, urging users not to respond.
Dark cyber fraud desk with shields and law enforcement servers

Microsoft & Europol disrupt global Tycoon 2FA scam

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Microsoft and Europol have seized over 300 domains to disrupt Tycoon 2FA, a vast phishing-for-hire service bypassing MFA worldwide.
Digital shield protecting crypto coins blocking online scams

Bybit says 2025 security drive saved USD $300m from scams

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crypto
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Bybit says its 2025 Dynamic Risk-Based Protection System stopped scams from draining over USD $300m in suspicious crypto withdrawals.
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Tycoon 2FA phishing service disrupted in EU crackdown

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European authorities and tech firms have disrupted Tycoon 2FA, a major phishing service used to bypass MFA and hijack cloud accounts.
Young british woman night kitchen declined payment bills stress

Women bear heavier toll from financial fraud in UK

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phishing
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email security
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payment technologies
Women hit by UK fraud report deeper anxiety and money woes than men, with younger women facing the harshest ongoing fallout.
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OpenID Foundation urges standards for digital estates

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storage
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data protection
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crypto
OpenID Foundation warns that fragmented rules for managing digital estates after death demand global standards before AI deepfakes escalate risks.
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Account Takeover (ATO) fraud: The hidden threat to your business and how to stop it

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Silent account takeover fraud is draining billions as criminals hijack real identities; here's how businesses can finally fight back.