Fraud Stories - Page 19

Kiwi Stories

Fraud stories

Romanian nationals jailed for card skimming

The equipment was used to obtain credit card details of more than 122 New Zealanders, and to steal approximately $75,380 from many of them.

By Shannon Williams • 3 min read • Fri, 9th Oct 2020

Data Privacy

NZ credit bureau Centrix co-develops fraud detection service

The service has been put through a robust Privacy Impact Assessment and it was developed in accordance with New Zealand's current privacy legislation.

By Sara Barker • 2 min read • Wed, 19th Feb 2020

Customs

Card skimming tech seized in Auckland

Two people were arrested on charges of importing goods for a dishonest purpose, including skimming devices and a card writing machine.

By Ben Moore • 3 min read • Mon, 27th Jan 2020

Malware

Stairway to hell: Scams, ransomware, and $6.5m gone from Kiwis' pockets

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.

By Sara Barker • 3 min read • Thu, 5th Sep 2019

Global Stories

Fraud stories

KPMG

COVID-19 creates 'perfect storm' for business fraud in NZ

COVID-19 creates perfect storm for business fraud in New Zealand, with cases of embezzlement and Ponzi schemes on the rise.

By Sara Barker • 3 min read • Thu, 8th Oct 2020

Advanced Persistent Threat Protection

Global attack volume down, but fraud and cyber threats still going strong

New opportunities and risks exist for APAC organisations in online channels during this global pandemic, according to a biannual Cybercrime Report.

By Catherine Knowles • 5 min read • Fri, 18th Sep 2020

Hyperscale

AWS launches fully-managed fraud detection service

Amazon Web Services (AWS) has launched a fully-managed fraud detection service that can identify potential fraud activity in 'milliseconds'.

By Sara Barker • 3 min read • Fri, 31st Jul 2020

Disaster Recovery

Natural disasters, card fraud Kiwis' top security concerns

Only 22% of Kiwis are concerned about a security breach while working from home, despite increasing cyber attacks.

By Ben Moore • 5 min read • Wed, 8th Jul 2020

Unified Communications

Nuance revamps AI authentication to protect seniors from fraud

Nuance enhances Gatekeeper AI to better protect seniors from fraud, prioritising elderly callers in call centres amid rising cyber threats during COVID-19.

By Staff Writer • 3 min read • Fri, 5th Jun 2020

Marketing Technologies

Mastercard and Ethoca look out for ANZ retailers with support package

Mastercard and Ethoca launch a free fraud prevention package for Australian and New Zealand retailers, offering Ethoca Alerts until 31 July 2020.

By Catherine Knowles • 3 min read • Fri, 22nd May 2020

Fraud

Data theft & fraud lead to growth in employment screening services

Employment screening services market could reach $4.8bn by 2023, driven by the need for safer hiring decisions and increasing data theft.

By Staff Writer • 2 min read • Tue, 25th Feb 2020

Email Security

GBG rolls out anti-fraud solutions to protect against financial crime

GBG launches robust anti-fraud solutions, featuring the flagship Instinct Hub, to safeguard businesses and their clients in a complex digital landscape.

By Catherine Knowles • 5 min read • Mon, 3rd Feb 2020

Cybersecurity

Black Friday fraud: Who foots the bill?

Banks will bear the brunt of fraud during Black Friday and Cyber Monday, warns Sarah Whipp, head of go to market strategy at Callsign.

By Shannon Williams • 3 min read • Fri, 29th Nov 2019

Government

Beating public sector procurement fraud – SAS

The single biggest source of crime experienced by public sector entities is the internal employee in a position of trust.

By Mark Egelstaff • 3 min read • Tue, 26th Nov 2019

Online fraud

Cost of fraud averaging 3.4 times lost transaction value - study

The LexisNexis study found that there was an average of almost 400 successful monthly fraudulent transactions in the South East Asia region.

By Staff Writer • 3 min read • Mon, 21st Oct 2019

DevOps

ThetaRay offering uses AI against financial cybercrime

ThetaRay unveils Version 4.0 of its advanced AI analytics platform, enhancing global banks' abilities to detect and prevent sophisticated financial cybercrime.

By Staff Writer • 2 min read • Wed, 24th Jul 2019