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Money Laundering Stories - Page 5

Global Stories

Money Laundering stories

Investment scams top UK search trends as over 2 million fall victim
Cybersecurity

Investment scams top UK search trends as over 2 million fall victim

Investment scams top UK search trends with over 2 million victims in 2025, revealing a surge in fraud involving cryptocurrency and real estate schemes.

By Shannon Williams • 5 min read • Thu, 30th Oct 2025
AI-powered ransomware & cybercrime booming across APJ region
Advanced Persistent Threat Protection

AI-powered ransomware & cybercrime booming across APJ region

AI-driven ransomware attacks surge across Asia Pacific and Japan, with decentralised Chinese cybercrime marketplaces and eCrime services fueling the boom.

By Melania Watson • 3 min read • Tue, 21st Oct 2025
Global targets for cross-border payment reforms at risk of delay
Data Protection

Global targets for cross-border payment reforms at risk of delay

Global financial authorities are likely to miss their 2027 target to improve cross-border payments, with costs and regulatory hurdles still impeding progress.

By Shannon Williams • 4 min read • Wed, 15th Oct 2025
Task scams cost jobseekers millions as Trend Micro warns of surge
Crypto

Task scams cost jobseekers millions as Trend Micro warns of surge

Task scams have cost jobseekers millions, with Trend Micro warning of a surge in frauds using fake jobs to trick victims into losing thousands of dollars.

By Catherine Knowles • 3 min read • Thu, 21st Aug 2025
Deepfake & AI crime surge poses major threat to business trust
Physical Security

Deepfake & AI crime surge poses major threat to business trust

Trend Micro warns that rising deepfake and AI crimes threaten business trust, with fraudsters using synthetic media to impersonate executives and bypass security.

By Catherine Knowles • 3 min read • Thu, 10th Jul 2025
SEON expands APAC team as demand for fraud tech solutions rises
Fintech

SEON expands APAC team as demand for fraud tech solutions rises

SEON expands its Asia-Pacific team in response to growing demand for advanced fraud prevention and anti-money laundering solutions across the region.

By Catherine Knowles • 3 min read • Fri, 30th May 2025
Mandiant report finds rise in financially motivated cyber attacks
Multi-factor authentication

Mandiant report finds rise in financially motivated cyber attacks

Mandiant's 2024 report reveals a rise in financially motivated cyber attacks, with 55% of threat groups seeking profit, while detection remains a major challenge globally.

By Sean Mitchell • 4 min read • Thu, 24th Apr 2025
LockBit takedown reshapes ransomware threat landscape
Firewalls

LockBit takedown reshapes ransomware threat landscape

Secureworks' Counter Threat Unit reveals a marked shift in the ransomware landscape, with LockBit's influence waning amidst coordinated law enforcement efforts.

By Sean Mitchell • 3 min read • Wed, 19th Feb 2025
Romance scams reach six-year high, Moody's reports
Social Media

Romance scams reach six-year high, Moody's reports

Moody's highlights a six-year high in romance scams, unveiling 1,193 new entities globally in 2024, with the US leading at 38% of cases.

By Shannon Williams • 3 min read • Thu, 13th Feb 2025

Stories from Other Regions

Money Laundering stories

Canada launches anti-fraud strategy & Financial Crimes Agency
Email Security

Canada launches anti-fraud strategy & Financial Crimes Agency

Canada unveils its first National Anti-Fraud Strategy and a Financial Crimes Agency to tackle rising fraud losses, which hit CAD $643 million in 2024.

By Jake MacAndrew • 3 min read • Tue, 21st Oct 2025
US money laundering cases surge 168% as scams cost USD $6.5 billion
Crypto

US money laundering cases surge 168% as scams cost USD $6.5 billion

US money laundering cases rose 168% in H1 2025, with scams costing Americans USD $6.5 billion amid rising AI-driven fraud and stablecoin use.

By Shannon Williams • 4 min read • Thu, 11th Sep 2025
Exclusive: Cloudera urges banks to rethink data for AI
Data Protection

Exclusive: Cloudera urges banks to rethink data for AI

Australian banks invest heavily in AI but struggle to realise value amid complex compliance, fragmented data, and rising customer trust concerns, experts say.

By Melania Watson • 5 min read • Mon, 25th Aug 2025
Concerns grow over UK digital ID checks for company directors
Cybersecurity

Concerns grow over UK digital ID checks for company directors

UK plans to enforce digital ID checks for company directors face criticism over security flaws in the GOV.UK One Login system and risks during a phased 12-month rollout.

By Shannon Williams • 4 min read • Thu, 7th Aug 2025
Credas launches UK's first reusable compliance wallet for property
Crypto

Credas launches UK's first reusable compliance wallet for property

Credas launches the UK's first reusable compliance wallet to cut property ID checks from 5.4 to one, speeding up homebuying with verified digital credentials.

By Catherine Knowles • 3 min read • Thu, 10th Jul 2025
Digital identity urged as cyber fraud rocks Australian real estate
Physical Security

Digital identity urged as cyber fraud rocks Australian real estate

Cyber scams and payment fraud are surging in Australian real estate, prompting experts to push for digital identity solutions to boost security and cut risks.

By Melvin Hipolito • 5 min read • Fri, 27th Jun 2025
UK banks face rising fraud losses as organised crime outpaces them
Risk & Compliance

UK banks face rising fraud losses as organised crime outpaces them

UK banks face rising fraud losses up to GBP £40 million as criminals outpace detection despite growing use of behaviour-based analytics and increased tech spending.

By Shannon Williams • 4 min read • Thu, 19th Jun 2025
UK banks see spike in mobile fraud as scams shift from calls
Email Security

UK banks see spike in mobile fraud as scams shift from calls

UK mobile banking fraud surged 11% in 2024 as scammers shift from voice scams, with card fraud and remote iOS attacks also on the rise, reports BioCatch.

By Shannon Williams • 3 min read • Mon, 5th May 2025
UK sees 63% rise in savings accounts used for fraud
Credit card fraud

UK sees 63% rise in savings accounts used for fraud

Reports indicate a staggering 63% rise in the misuse of savings accounts for fraud in the UK last year, outpacing a 12% increase in current accounts.

By Shannon Williams • 3 min read • Fri, 7th Mar 2025