Fraud stories - Page 2

AI crime is shifting from experiments to a stable industry, with jailbreak services, adaptive malware and deepfake fraud becoming routine.

APAC banks face heavy manual compliance workloads as poor data quality and legacy systems stall AI adoption, survey respondents warn.

Digital payments will be non-negotiable for Malaysian businesses by 2026, Paydibs says, as liquidity, speed and visibility demands intensify.

Infoblox agrees to buy AI-driven threat hunter Axur, aiming to curb phishing and brand abuse beyond the traditional network perimeter.

Paydibs backs direct access to Malaysia's payment rails and global wallets to cut costs, speed settlements and boost SME resilience.

Rapid AI rollout, geopolitical rifts and fragile supply chains are upending cyber risk, straining outdated security and compliance regimes.

A leading fraud expert says the FCA's new Firm Checker will boost transparency but leave sophisticated social engineering scams largely untouched.

Banks are set to embed AI deep into payment systems by 2026, slashing costs as fraud surges and pressure mounts on platforms and regulators.

AI tools and online deals help drive a 5% rise in Australian Christmas retail spending, with discount and department stores surging.

Visa teams with Akamai on new protocol to verify AI shopping agents, tackling a 300% surge in bot traffic and rising eCommerce fraud risks.

Chinese state-backed hackers mimic Microsoft Teams downloads in a false flag campaign to infect Chinese speakers and blame Russian actors.

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

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

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

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.

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

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.

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

A survey shows 73% of shoppers use AI tools, raising new fraud risks and liability concerns for merchants during the rise of agentic commerce.