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Scams Stories - Page 8

Kiwi Stories

Scams stories

'How much crypto users buy' is the wrong success metric for a crypto exchange
Multi-factor authentication

'How much crypto users buy' is the wrong success metric for a crypto exchange

Easy Crypto reveals it returned NZD $2.7M to customers affected by fraud, shifting focus from trading volume to security and user protection in the crypto space.

By Janine Grainger • 3 min read • Wed, 25th Sep 2024
Financial losses from NZ cybercrime rise to $6.8m in Q224
Phishing

Financial losses from NZ cybercrime rise to $6.8m in Q224

New Zealand cybercrime losses surge to $6.8 million in Q2 2024, with unauthorised access incidents skyrocketing to $3.6 million, NCSC data shows.

By Shannon Williams • 3 min read • Fri, 20th Sep 2024

Global Stories

Scams stories

Deepfake scams target 29% of New Zealanders, costing millions
Physical Security

Deepfake scams target 29% of New Zealanders, costing millions

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.

By Melania Watson • 3 min read • Thu, 10th Oct 2024
Gen reveals 24% rise in ransomware attacks on consumers
Email Security

Gen reveals 24% rise in ransomware attacks on consumers

Threat report shows that within the consumer threat landscape, a popular delivery technique is hiding ransomware payload in pirated content.

By Shannon Williams • 3 min read • Tue, 17th Sep 2024
Apple iPhone 16 launch triggers wave of scams – Kaspersky
Phishing

Apple iPhone 16 launch triggers wave of scams – Kaspersky

Apple's iPhone 16 launch has cybercriminals posing as early pre-order sites. Kaspersky warns of scams leading to financial losses and stolen personal data.

By Shannon Williams • 5 min read • Thu, 12th Sep 2024
Optus saves Australians USD $250 million with Call Stop feature
Phishing

Optus saves Australians USD $250 million with Call Stop feature

Optus's Call Stop saved Australians an estimated USD $250 million from scams, blocking 23 million calls and 36 million SMS last quarter in a major anti-fraud initiative.

By Melania Watson • 4 min read • Wed, 28th Aug 2024

Stories from Other Regions

Scams stories

Deepfake scams cost Australian businesses millions, research reveals
Physical Security

Deepfake scams cost Australian businesses millions, research reveals

Research by Mastercard reveals deepfake scams have targeted 36% of Australians, resulting in millions in losses, with many unaware they're victims.

By Shannon Williams • 3 min read • Thu, 10th Oct 2024
Communications Alliance urges safe harbour in scams law
Unified Communications

Communications Alliance urges safe harbour in scams law

The Communications Alliance is pushing for a safe harbour in the new Scams Prevention Framework to protect telcos from excessive liabilities.

By Melania Watson • 3 min read • Tue, 8th Oct 2024
Deepfake fraud rises: 56% of Singapore firms affected
Biometrics

Deepfake fraud rises: 56% of Singapore firms affected

A Regula survey reveals that over half of Singaporean companies face deepfake fraud, with 56% experiencing audio scams, sparking global concerns.

By Catherine Knowles • 3 min read • Thu, 3rd Oct 2024
Exclusive: AUS 3C report reveals how different generations stay secure
Multi-factor authentication

Exclusive: AUS 3C report reveals how different generations stay secure

AUS 3C's report finds Gen Z and Millennials know cybersecurity basics but struggle with consistent use, citing inconvenience and frustration.

By Melania Watson • 5 min read • Tue, 1st Oct 2024
Fraud & scam complaints reach six-year high at FOS
Customer Experience

Fraud & scam complaints reach six-year high at FOS

Complaints about fraud and scams hit a six-year high, with more than half involving bank transfers, as cybercriminals target mobile devices, says FOS.

By Sean Mitchell • 2 min read • Thu, 5th Sep 2024
Scams Awareness Week emphasises need for collective vigilance
Virtualisation

Scams Awareness Week emphasises need for collective vigilance

As Scams Awareness Week kicks off, experts urge a collective effort from individuals and businesses to combat rising cyber threats and data breaches.

By Kaleah Salmon • 3 min read • Fri, 30th Aug 2024
Scam Awareness Week: An opportunity to check your attack surface
Firewalls

Scam Awareness Week: An opportunity to check your attack surface

As cyber scams become more sophisticated due to AI, Scam Awareness Week urges Australians to secure their digital assets, with over AUD $3.1 billion lost in 2022 alone.

By Scott Mann • 4 min read • Thu, 29th Aug 2024
McAfee launches Australia's first AI Deepfake Detector on Lenovo
Email Security

McAfee launches Australia's first AI Deepfake Detector on Lenovo

McAfee launches Australia's first AI-powered Deepfake Detector on select Lenovo PCs, aiming to curb scams and misinformation for worried Australians.

By Shannon Williams • 3 min read • Wed, 28th Aug 2024
Top firms stress vigilance during National Scam Awareness Week
EduTech

Top firms stress vigilance during National Scam Awareness Week

During National Scam Awareness Week, executives from Qualys, SailPoint, and CyberArk have stressed heightened vigilance and advanced security measures.

By Melania Watson • 3 min read • Mon, 26th Aug 2024
StarHub & Singapore Police launch campaign to combat scams
EduTech

StarHub & Singapore Police launch campaign to combat scams

StarHub and the Singapore Police Force launch a campaign with Scam Masterclasses to combat rising cyber threats, aiming to educate and protect the public.

By Catherine Knowles • 3 min read • Wed, 21st Aug 2024
Australia's superannuation funds fortified against cyber threats
Email Security

Australia's superannuation funds fortified against cyber threats

As Australia's superannuation assets reach $3.3 trillion, cybercriminals increasingly target these lucrative funds. Transmit Security and Wrkr partner to defend super funds.

By Shannon Williams • 3 min read • Wed, 14th Aug 2024