TelcoNews New Zealand - Telecommunications news for ICT decision-makers

Fraud stories - Page 10

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AWS launches fully-managed fraud detection service
Fri, 31st Jul 2020
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hyperscale
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public cloud
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ai
Amazon Web Services (AWS) has launched a fully-managed fraud detection service that can identify potential fraud activity in 'milliseconds'.
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Natural disasters, card fraud Kiwis’ top security concerns
Wed, 8th Jul 2020
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dr
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unisys
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cloud services
Only 22% of Kiwis are concerned about a security breach while working from home, despite increasing cyber attacks.
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Nuance revamps AI authentication to protect seniors from fraud
Fri, 5th Jun 2020
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uc
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contact centre
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nuance
Nuance enhances Gatekeeper AI to better protect seniors from fraud, prioritising elderly callers in call centres amid rising cyber threats during COVID-19.
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Mastercard and Ethoca look out for ANZ retailers with support package
Fri, 22nd May 2020
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martech
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commerce systems
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supply chain systems
Mastercard and Ethoca launch a free fraud prevention package for Australian and New Zealand retailers, offering Ethoca Alerts until 31 July 2020.
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Data theft & fraud lead to growth in employment screening services
Tue, 25th Feb 2020
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fraud
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employment
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precisesecurity.com
Employment screening services market could reach $4.8bn by 2023, driven by the need for safer hiring decisions and increasing data theft.
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NZ credit bureau Centrix co-develops fraud detection service
Wed, 19th Feb 2020
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data privacy
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online fraud
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fraud
The service has been put through a robust Privacy Impact Assessment and it was developed in accordance with New Zealand’s current privacy legislation.
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GBG rolls out anti-fraud solutions to protect against financial crime
Mon, 3rd Feb 2020
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risk & compliance
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email security
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cybersecurity
GBG launches robust anti-fraud solutions, featuring the flagship Instinct Hub, to safeguard businesses and their clients in a complex digital landscape.
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Card skimming tech seized in Auckland
Mon, 27th Jan 2020
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police
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customs
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credit card fraud
Two people were arrested on charges of importing goods for a dishonest purpose, including skimming devices and a card writing machine.
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Hong Kong counts the opportunities and costs of leading fintech adoption rates
Fri, 6th Dec 2019
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fintech
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threatmetrix
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online fraud
High early adoption rates and extensive mobile device use make Asia the ideal testing ground for fintech development.
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Black Friday fraud: Who foots the bill?
Fri, 29th Nov 2019
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cybersecurity
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banking industry
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fraud
Banks will bear the brunt of fraud during Black Friday and Cyber Monday, warns Sarah Whipp, head of go to market strategy at Callsign.
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Beating public sector procurement fraud – SAS
Tue, 26th Nov 2019
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government
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corruption
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fraud
The single biggest source of crime experienced by public sector entities is the internal employee in a position of trust.
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Cost of fraud averaging 3.4 times lost transaction value - study
Mon, 21st Oct 2019
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online fraud
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fraud
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study
The LexisNexis study found that there was an average of almost 400 successful monthly fraudulent transactions in the South East Asia region.
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Stairway to hell: Scams, ransomware, and $6.5m gone from Kiwis' pockets
Thu, 5th Sep 2019
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malware
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ransomware
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phishing
In just a three month period this year, New Zealanders reported more than 1000 cybersecurity incidents and financial losses of $6.5 million to CERT NZ.
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ThetaRay offering uses AI against financial cybercrime
Wed, 24th Jul 2019
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devops
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apm
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risk & compliance
ThetaRay unveils Version 4.0 of its advanced AI analytics platform, enhancing global banks' abilities to detect and prevent sophisticated financial cybercrime.
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Rapid increase in AI to detect fraud
Tue, 9th Jul 2019
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ai
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cybersecurity
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sas
Artificial intelligence for fraud detection set to triple by 2021 as adoption of technology in organisations increases rapidly - ACFE/SAS study.
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How YouAppi aims to enable effective detection of fraudulent traffic
Tue, 9th Jul 2019
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online fraud
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fraud
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emerging technology
YouAppi aims to allow brands to make real-time adjustments and optimise marketing efforts in order to reach customers at any point in the funnel.
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Domain fraud rampant as criminals cash in
Wed, 26th Jun 2019
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martech
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software development
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fraud
Cybercriminals are cashing in on domain fraud for almost every possible reason – to impersonate businesses, events, and even trusted leaders and celebrities.
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AI for fraud detection to triple by 2021 - ACFE
Wed, 26th Jun 2019
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ai
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sas
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fraud
While only 13% of organisations use AI and machine learning to detect and deter fraud, another 25% plan to adopt such technologies in the next year or two.
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Meeting the card payment industry’s compliance requirements - Kemp
Tue, 18th Jun 2019
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ddos
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risk & compliance
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credit card fraud
eCommerce fraud boom leads to a surge in CNP crime, spotlighting vital PCI-DSS compliance and advanced security tech.
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Top three ways to improve financial compliance for your business
Wed, 5th Jun 2019
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risk & compliance
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financing
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sap
Financial compliance remains a weak point for businesses, with internal control weaknesses and employees being the main culprits, according to SAP Concur.