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

Scams stories - Page 5

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Report reveals 76% of banks face sophisticated fraud threats

Fri, 10th May 2024
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email security
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scams
Report reveals increase in fraud cases amongst banks, with money laundering, account takeovers, and AI-generated threats posing significant risks.
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McAfee & Intel launch advanced AI deepfake detection tech in Australia

Wed, 8th May 2024
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email security
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data privacy
McAfee and Intel join forces to launch an advanced AI-powered tool capable of detecting deepfakes, addressing rising public concern in Australia over AI manipulation scams.
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The messaging evolution and the fight against fraud

Fri, 26th Apr 2024
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data protection
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email security
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SMS revolution's downside: Europe tackles fraud epidemic through stringent data laws and sender verification in fight to preserve trust.
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AI & ML form critical defence against digital deception

Thu, 25th Apr 2024
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data analytics
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email security
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ai
AI and machine learning form the vanguard of defence against increasingly sophisticated, AI-enhanced digital scams.
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Telegram users targeted in cryptocurrency scam, Kaspersky reports

Thu, 25th Apr 2024
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paas
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crypto
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blockchain
As Telegram's cryptocurrency, Toncoin, gains popularity, Kaspersky researchers warn of a scam exploiting users through false 'earning programs', causing irreversible losses.
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AI scams prompt need for advanced fraud-detection technologies

Thu, 25th Apr 2024
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email security
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ai
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scams
Urgency grows for advanced fraud-detecting tech amid rising AI-backed scams, with a McDonald's scam highlighting the potential for proactive AI defence mechanisms.
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Australia's growing love for cryptocurrency shakes investment norms

Fri, 29th Mar 2024
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data protection
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crypto
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blockchain
In Australia, around 4.5 million citizens now own cryptocurrency, led by brokerage and asset management firm Caleb and Brown.
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Avast thwarts 10 billion cyber attacks, reveals new threats

Fri, 23rd Feb 2024
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phishing
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email security
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data privacy
Avast blocks 10 billion cyber threats, highlighting an alarming surge in new threats as cyber attackers find innovative ways to exploit trusted digital mediums.
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Over 40% of UK to shop for Valentine's Day gifts, finds Airtime Rewards

Wed, 14th Feb 2024
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cx
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martech
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email security
This Valentine's Day approaches, 42% of UK consumers will buy gifts, 38% will celebrate, and 52% will send cards, indicating potential opportunities for retailers amidst scepticism of the occasion, reveals Airtime Rewards survey.
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Norton's Genie: An AI tool to combat online dating scams

Wed, 14th Feb 2024
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email security
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data privacy
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ai
Norton unveils Genie, an AI-based scam detection app, to counter increasingly sophisticated romance scams plaguing online dating realms.
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Unseen surge in cyber attacks blocked by Avast in 2023

Thu, 8th Feb 2024
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phishing
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email security
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digital entertainment
Avast blocked 10 billion cyberattacks in 2023, up 49% on the prior year, with cybercriminals deploying sophisticated methods including deepfake scams and exploiting PDF files and Google OAuth to steal user information.
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Bumble launches AI tool Deception Detector to counter fake profiles

Wed, 7th Feb 2024
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email security
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ai
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spam
Bumble Inc. unveils AI-powered Deception Detector to combat fake profiles and scams, resulting in a 45% drop in user reports of false accounts in two months.
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Kaspersky warns of elevated child cybersecurity risks in 2024

Tue, 23rd Jan 2024
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edutech
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email security
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ai
Cybersecurity experts at Kaspersky reveal increasing threats to minors in 2024, including AI-generated inappropriate content, cyberattacks on young gamers and malicious app downloads.
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CybeReady debuts QR code 'Quishing' simulation tool for 2024

Thu, 18th Jan 2024
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malware
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email security
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cybersecurity
In response to the surge in Quishing attacks, cybersecurity firm CybeReady introduces advanced QR Code Phishing Simulations and QR safety-centric 'Awareness Bites' into training platform.
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McAfee unveils AI tool to defend against deepfake audio at CES 2024

Mon, 8th Jan 2024
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email security
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genai
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ai
McAfee Corp unveils Project Mockingbird, an AI-powered technology with a 90% accuracy rate for detecting deepfake audio, at CES 2024, enhancing defences against AI-enabled scams.
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Surge in fake delivery websites preying on Christmas shoppers detected

Fri, 22nd Dec 2023
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email security
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cybersecurity
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scams
Group-IB detects 34% spike in deceptive delivery sites targeting Christmas shoppers, impacting postal brands worldwide.
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Small businesses targeted by cyber criminals for data

Thu, 21st Dec 2023
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data protection
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advanced persistent threat protection
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email security
Crime groups will increasingly sell access to breached smaller businesses so attackers can scam consumers. .
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AI to customise cyber threats, predicts cybersecurity firm Gen

Fri, 8th Dec 2023
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mfa
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crypto
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blockchain
Gen predicts AI will customise and escalate cyber threats by 2024, making cybersecurity a daily life necessity.
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KnowBe4 offers top cybersecurity tips for a safe 2023 holiday season

Tue, 28th Nov 2023
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phishing
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email security
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cybersecurity
In response to rising cybercrime, KnowBe4 has shared its primary cybersecurity advice for the 2023 festive season.
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Rising global fraud awareness signals need for stronger protection measures

Tue, 14th Nov 2023
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data analytics
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email security
An SAS consumer fraud study indicates higher global fraud awareness, urging robust protective measures against evolving scam tactics.