Fraud stories - Page 1

Agentic AI networks could let cybercriminals automate attacks at relentless scale, forcing security teams into a new AI-driven arms race.

Atturra teams with Comtrac to roll out AI-powered investigation tools for Australian law enforcement and regulators via a single service channel.

Music tech boss Con Raso predicts AI, anti-fraud tools and fan-powered models will reshape streaming, gaming and DSP catalogues by 2026.

UK unveils GBP £15 million anti-corruption drive, but experts warn sidelined fraud strategy leaves main source of dirty money unchecked.

One in three Australians are ready to let AI shop on their behalf, but fears over fraud, control and bad purchases still loom large.

Group-IB has launched a Cyber Fraud Intelligence Platform to help UK banks tackle GBP £600m fraud by securely sharing real-time risk signals while ensuring data privacy.

Trend Micro warns AI-driven scams will surge by 2026, using deepfakes and multi-channel tactics to trap victims in sophisticated frauds globally.

AI-powered scams have caught Australians out, with losses hitting AUD $945M in 2024 as fraudsters exploit sophisticated, multi-channel tactics.

Friendly fraud is set to rise by 25% over the peak holiday shopping days, with transactions averaging USD $291, costing retailers billions globally.

eCommerce platforms face rising AI-driven cyber threats ahead of 2025 holidays as attackers exploit vulnerabilities and stolen credentials for fraud.

With AI fakes on the rise, owning verifiable, private credentials is key to protecting your identity and proving your truth online in 2025.

Australians are warned of AI-driven Black Friday scams, with fraudsters using advanced tactics to create realistic fake shopping sites and offers.

Over half of Black Friday-themed spam emails are scams, with fraudsters impersonating brands like Amazon to steal personal data worldwide.

In 2026, traditional banks will face fierce competition from neobanks, rising fraud risks, and new ISO 20022 rules, forcing urgent modernisation or loss of customers.

New Zealand cybersecurity firm DEFEND wins Microsoft’s Global Security Partner of the Year amid rising cyber threats to public and private sectors.

AI-driven deepfakes are fuelling a global surge in fraud, with 77% of anti-fraud experts reporting increased incidents and 83% expecting further rises soon.

AI-powered social engineering attacks now blend email, text, and deepfake calls, costing enterprises millions and challenging traditional trust models.

Clue Software has launched new AI tools designed to enhance investigative efficiency by accelerating intelligence processing and improving threat detection.

Nearly 24% of Instagram posts tagged as ‘quick-money’ offers are linked to money mule recruitment, posing major challenges for law enforcement and platforms.

Australian firms face rising fraud risks as AI-driven phishing attacks exploit human error, urging stronger security culture ahead of International Fraud Awareness Week.