ChannelLife New Zealand - Industry insider news for technology resellers

Fraud stories - Page 4

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eCommerce fraud increasing pressure on businesses margins
Wed, 20th Jul 2022
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cybersecurity
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fraud
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stripe
New report from Stripe finds that eCommerce fraud is one of the biggest drags on business growth, with nearly 3/4 of businesses affected.
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Cost of fraud up 10 to 16% in APAC from pre-pandemic levels
Fri, 8th Jul 2022
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cloud services
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digital banking
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fraud
LexisNexis Risk Solutions released the latest APAC edition of the True Cost of Fraud Study, which surveyed 387 risk and fraud executives.
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Fraud costs increase more than 10% over pre-pandemic levels
Fri, 8th Jul 2022
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email security
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cybersecurity
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scams
Cost of fraud in Asia Pacific rose 10%-16% from pre-pandemic levels, with digital banks and alternative lenders hit hardest.
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SAS and Greater Bank launches new AML and fraud service
Fri, 17th Jun 2022
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fraud
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aml
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sas
Greater Bank partners with SAS to enhance fraud detection and anti-money laundering capabilities for its 270,000+ customers.
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Q&A: Oculeus discusses the current state of telecoms fraud and beyond
Wed, 8th Jun 2022
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cybersecurity
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cios
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telecommunications
Telecoms fraud is a growing concern as cybercriminals use advanced technology to outpace anti-fraud solutions. Measures are being taken to minimize the threats.
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Sift shares crucial advice for preventing serious ATO breaches
Fri, 13th May 2022
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cloud services
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finance, leasing & rental
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martech
Learn how to protect your accounts from Account Takeover Fraud (ATO) with the latest ebook from Sift. Click here to find out more.
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FiVerity, Fortanix and Intel launch fraud prevention initiative
Thu, 21st Apr 2022
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data protection
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fintech
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breach prevention
FiVerity, Fortanix and Intel have partnered to bring secure data protection for fraud prevention in the financial services industry.
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Sift shares digital trust and safety secrets in new report
Thu, 21st Apr 2022
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cloud services
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fintech
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email security
Payment fraud attempts have risen by 23% in the past year, according to a report by Sift. Businesses are advised to be proactive in preventing attacks.
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Significant spike in consumer fraud, new report finds
Thu, 14th Apr 2022
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cybersecurity
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accenture
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fraud
Reported cases of consumer fraud more than tripled in the years 2020-2021 from prior years, according to a new report by Accenture.
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Sift sheds light on fraud in the eCommerce sector
Mon, 4th Apr 2022
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big data
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data analytics
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bi
The pandemic has driven record levels of online shopping. Although retailers of all sizes are suffering increasing levels of fraud.
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Provenir appoints Bharath Vellore as General Manager
Fri, 1st Apr 2022
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sales
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apac
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strategy
Provenir has appointed Bharath Vellore as GM for APAC. Vellore will oversee all business operations and expand Provenir's presence in the region. #fintech.
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ANZ apps incur $72m in losses due to mobile ad fraud
Fri, 1st Apr 2022
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finance, leasing & rental
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cybersecurity
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apps
The rapid digital transformation in the financial industry has encouraged more fraudsters to tap into finance applications.
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CryptoRom Bitcoin swindlers – what to look out for
Thu, 31st Mar 2022
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firewall
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network management
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network security
Surge in crypto scams and investment frauds in Australia, particularly dating scams, raises concerns as ASIC reports doubling of financial scams in 2021.
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The generation gap: Protecting our kaumātua online
Wed, 30th Mar 2022
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cloud services
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email security
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wireless networks
New Zealand's elderly population is at risk of cyber threats due to a lack of online safety knowledge and support systems, says Age Concern NZ.
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Mobile fraud on the rise as online transactions increase
Tue, 29th Mar 2022
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mobility
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cyber criminal
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fraud
Mobile traffic has accounted for 75% of all traffic, a four-year increase, according to the latest Cybercrime Report by LexisNexis Risk Solutions.
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Significant shift to mobile fraud - LexisNexis Risk Solutions report
Mon, 28th Mar 2022
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smartphones
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technology gifts
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cybersecurity
There has been a significant shift to mobile fraud over the last four years, with mobile traffic representing 75% of all traffic.
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Fake donation pages promising help to Ukraine appear on Darknet
Mon, 21st Mar 2022
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dark web
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dark net
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fraud
Fraudulent donation pages promising aid to the Ukraine are appearing on the Darknet, according to Check Point Software.
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When implementing eCommerce cryptocurrency payments, think safety first
Fri, 11th Mar 2022
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cloud services
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pos
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cryptocurrency
One in four businesses plan to accept cryptocurrency in 2022, but it comes with risks. Sift offers solutions to ensure secure transactions.
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Silent Eight raises $40m in Series B round to aid development strategy
Fri, 11th Mar 2022
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cloud services
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finance, leasing & rental
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cybersecurity
Financial crime platform Silent Eight has raised $40m in Series B round funding, which will be used to cater to the needs of its expanding customer base.
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Mobile payments are booming and fraudsters have noticed
Wed, 9th Mar 2022
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smartphones
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martech
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commerce systems
Mobile payment fraud is on the rise as fraudsters target mobile customers. Advanced fraud solutions can help prevent these attacks.
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The fintech fraud epidemic: Banks aren’t getting worse, fraudsters are just getting better
Fri, 4th Mar 2022
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fintech
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martech
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commerce systems
Fintech fraud is on the rise, exacerbated by the global pandemic. Traditional fraud prevention methods are no longer effective.
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Not enough businesses have authentication protection - Microsoft
Fri, 11th Feb 2022
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microsoft
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cybersecurity
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fraud
When it comes to our world online, protecting and defending our most valuable digital asset - our identity - is vital.
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Allure Security raises $6.8 million seed round in fight against digital fraud
Fri, 11th Feb 2022
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cybersecurity
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cios
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fraud
Allure Security has raised a $6.8 million seed round as the company progresses in a $76 billion battle against digital fraud.
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The wild west of cryptocurrency fraud & How Kiwis are getting stung
Fri, 11th Feb 2022
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cryptocurrency
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blockchain
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email security
Cryptopia went from launch to managing funds for 1.4 million investors to a significant data breach and its inevitable death - all in just five years.