TelcoNews Australia - Telecommunications news for ICT decision-makers

Fraud stories - Page 5

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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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PayPal warns Aussies of risky shopping ahead of sales

Thu, 26th Dec 2024
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edutech
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email security
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payment technologies
PayPal's latest research reveals a 9% rise in risky shopping habits among Australians ahead of Boxing Day, raising alarm over potential scams.
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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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From deepfakes to ransomware: The key trends which will shape IT security in 2025

Mon, 9th Dec 2024
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malware
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ransomware
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endpoint protection
As Australia braces for 2025, key IT security trends like deepfakes and ransomware require organisations to adapt swiftly to emerging threats.
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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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Balancing AI advances with cybersecurity risks & caution

Thu, 28th Nov 2024
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firewalls
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data protection
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network security
As AI evolves in cybersecurity, industry leaders urge caution, balancing its benefits against risks, particularly in fraud and data protection.
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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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Social media scams cost Australian children AUD $129,700

Fri, 15th Nov 2024
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edutech
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gaming
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phishing
AUCyber reports that Australian children have lost over AUD $129,700 to social media scams this year, prompting calls for enhanced online safety measures.
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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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Protect your mini-me: How to prevent child identity theft

Thu, 17th Oct 2024
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phishing
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email security
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cybersecurity
Worried about child identity theft? Our guide offers 10 steps on how to prevent child identity theft so you can safeguard your little one's future.
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Deepfake scams target 29% of New Zealanders, costing millions

Thu, 10th Oct 2024
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physical security
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email security
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genai
Research by Mastercard reveals nearly a third of New Zealanders and 18% of businesses have fallen victim to deepfake scams, costing millions over the past year.
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Illegal streaming triples cybercrime risk for Australians

Wed, 9th Oct 2024
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ransomware
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physical security
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copyright
A new survey reveals that Australians using illegal streaming sites are three times more likely to fall victim to cybercrime, sparking health concerns.
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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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Adyen & RMS Cloud extend partnership for seamless payments

Thu, 3rd Oct 2024
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partner programmes
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payment technologies
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adyen
Adyen and RMS Cloud continue their partnership, rolling out RMS Pay to over 7,000 properties worldwide, driving efficiency and cost savings in hospitality.
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Homebuyers warned as property scams surge in spring season

Tue, 1st Oct 2024
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advanced persistent threat protection
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physical security
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identity theft
Amid a surge in property-related scams, InfoTrack advises caution during this spring's busy real estate season. Buyers are urged to bolster cyber security.
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Sydney startup Pyng aims to eliminate surcharge fees

Tue, 24th Sep 2024
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payment technologies
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cloud services
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qr code
A Sydney startup, Pyng, offers Australians a solution to save billions in annual tap-and-go surcharge fees by facilitating surcharge-free payments through its innovative app.