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

Scams stories - Page 3

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United Kingdom loses record GBP £306m to crypto scams in 2023

Thu, 6th Feb 2025
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crypto
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blockchain
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phishing
Cryptocurrency scams have surged in the UK, with victims losing GBP £306 million in 2023, prompting warnings for greater vigilance in the digital currency market.
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Kaspersky warns of surge in Chinese New Year scams

Fri, 31st Jan 2025
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phishing
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email security
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cybersecurity
As Chinese New Year 2025 approaches, Kaspersky warns of a rise in fraudulent websites exploiting the festive spirit, enticing consumers with fake deals.
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Appdome unveils AI-driven defence for mobile threat management

Thu, 23rd Jan 2025
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malware
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advanced persistent threat protection
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physical security
Appdome has launched Threat Dynamics, an AI-enhanced mobile defence platform aimed at pre-emptive threat management for mobile businesses facing rising fraud.
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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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Scammers exploit LA wildfires with QR code phishing

Fri, 17th Jan 2025
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malware
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phishing
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email security
In the aftermath of the devastating Los Angeles wildfires, researchers have uncovered a rise in QR code phishing schemes targeting charitable donors amid the crisis.
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UK SMEs focus on AI threats over traditional cyber risks

Thu, 16th Jan 2025
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malware
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data protection
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ransomware
A recent report by Six Degrees has revealed that UK SMEs are more worried about AI-related cyber threats than traditional risks, sparking concerns over security focus.
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Cyber threats rising in manufacturing sector, study warns

Wed, 15th Jan 2025
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malware
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firewalls
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ransomware
A new analysis by IDS-INDATA reveals a 50% surge in cyber attacks on the manufacturing sector, driven by outdated tech and complex supply chains.
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Gen Z & Millennials face higher social media compromises

Mon, 13th Jan 2025
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mfa
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phishing
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email security
A recent survey reveals that nearly half of Gen Z and Millennials have had their social media passwords compromised, exposing generational divides in cybersecurity practices.
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McAfee launches AI tool to detect & stop online scams

Wed, 8th Jan 2025
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data protection
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advanced persistent threat protection
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email security
McAfee has unveiled its AI-powered Scam Detector, designed to combat online scams across text, email, and video platforms, enhancing consumer protection.
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Phishing campaign targets YouTube creators with fake deals

Mon, 23rd Dec 2024
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malware
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phishing
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email security
CloudSEK reveals a phishing campaign targeting over 200,000 YouTube creators with fake collaboration emails, jeopardising accounts and spreading scams.
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Trend Micro warns of AI-driven cyber threats by 2025

Fri, 20th Dec 2024
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data protection
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ransomware
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email security
Trend Micro's 2025 predictions report warns of AI-driven cyber threats, highlighting risks from digital twins and deepfake technologies that could enable identity fraud.
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Sinch predicts AI & human synergy in customer service 2025

Thu, 19th Dec 2024
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cx
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martech
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email security
Sinch predicts a transformation in digital customer communications by 2025, emphasising AI's role alongside human agents in enhancing engagement.
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Rise in cybercrime during holiday shopping season alerts

Wed, 11th Dec 2024
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data protection
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ransomware
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phishing
With the festive season nearing, a 30% rise in ransomware attacks threatens consumers, as cybercriminals exploit holiday shopping anxieties.
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UK SMBs lose GBP £11,000 on average to online fraud in 2024

Thu, 5th Dec 2024
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email security
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cybersecurity
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productivity
Research shows UK small and medium-sized businesses lost nearly GBP £11,000 each to online fraud in 2024, raising survival concerns among leaders.
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Gen foresees rising AI-driven scams & identity risks by 2025

Thu, 5th Dec 2024
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physical security
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email security
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iam
Gen's cybersecurity predictions for 2025 highlight a surge in identity theft and hyper-personalised scams driven by AI advancements and major breaches.
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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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Cybercriminals target shoppers with 38 million phishing scams

Mon, 25th Nov 2024
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malware
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advanced persistent threat protection
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email security
Cybercriminals launched over 38 million phishing attacks in 2024, with a 25% rise in threats targeting online retailers amid Black Friday sales.
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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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Shoppers warned of AI scams as Black Friday nears

Fri, 22nd Nov 2024
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phishing
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email security
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ai
As Black Friday nears, experts warn consumers of sophisticated AI-driven scams, urging caution as losses from fraud continue to escalate.
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High payment security fears lead UK customers to abandon carts

Fri, 22nd Nov 2024
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cx
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martech
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email security
Nearly half of UK shoppers abandon online purchases over payment security fears, according to new research ahead of the Black Friday shopping event.