Consumer technology news from the future
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Investment scams a 'heartbreaking' reality as Australians lose millions
So far in 2018 Australians have lost more than $26 million to investment scams. Already monthly losses have increased 117% since last year.
Why a cybersecurity awareness week is just not enough
From personal privacy to online scams, it seems almost every IT security-related issue now has its very own awareness week.
Scammers spoof UK university domains as part of massive fraud campaign
Action Fraud UK is warning people to be wary of any emails they receive that look like they belong to UK university email addresses.
Four identity proofing vendors named as 'IDC Innovators'
To qualify as an innovator, vendors must have under $100 million in revenue at the time of the selection.
Kiwi partnership keeping a 'vigilant' eye on fraudsters
"While some systems claim to be using artificial intelligence to analyse transactions, this is the most sophisticated tool available in New Zealand."
Why Australian businesses should add cybersecurity to the end of financial year checklist
Australian organisations should be looking at their ICT security as part of their planning process for the new financial year.
Online fraud prevention firm eyes APAC, EMEA markets
Emailage delivers online fraud mitigation and email risk assessment technologies and says ecommerce fraud is a growing problem around the world.
Interview: RSA Security decodes digital fraud and its effects on APAC
"My greatest fears are emerging fintech and cryptocurrency companies that may have a less mature approach to third party consumer fraud."
$2.9 million gone: Kiwis hit by more than 500 cybersecurity incidents
The first three months of 2018 were busier than ever for cybercriminals, who managed to steal $2.9 million from New Zealanders.
Transport in NSW: do easier 'tap ons' make for compromised security?
Commuters will now be able to 'tap on' with credit cards or digital wallets, but they might be opening themselves up to security threats in doing so.
Mobile app fraud transactions have skyrocketed 680% since 2015
As our lives become increasingly ensconced within apps on our mobiles, it seems so too does cybercrime with fraud "not going away anytime soon."
National Scams Awareness Week: Australians lost $340m in 2017
Scammers stole $340 million from Australians in 2017 – ACCC says this is the biggest loss ever recorded on its books.
Email fraud attacks take fast and furious approach to their business targets
The top three email fraud subject lines included ‘request’, ‘payment’, and ‘urgent’.
Ecommerce is on a roll in APAC, but 18% of consumers still get caught by fraud
Ecommerce within Asia Pacific is booming, but the dangers of fraud lurk around every corner.
Securing SWIFT networks vitally important for cyber attack prevention
Businesses that use the SWIFT network must comply with SWIFT’s Customer Security Programme (CSP) or face the risk of attacks.
Three ways organisations can prevent fraud and enforce policy compliance
Business insiders are the most common perpetrators of business fraud, making up 36% of all fraud.
Why cybercriminals are corrupting popular social media platforms
Fraudsters are targeting legitimate social media platforms to create a new type of fraud market – one that has a global reach.
Cybercriminals taking over email accounts and scamming contacts
A new study from Barracuda has revealed an increasingly popular method of cybercrime - steal email credentials then steal money from colleagues.
Bank Negara Malaysia stops SWIFT fraud in its tracks
Falsified SWIFT messages were used to attempt unauthorized fund transfers, which were blocked through a collaborative effort.
AI-DAY: Using artificial intelligence to scam the scammers
“40% of New Zealand parents don’t think they can keep themselves safe online.”
59% APAC financial firms bolster investment in fraud detection
"Financial services companies are focusing on the real-time detection of fraud because they are at the frontline of attacks."
New research finds China tampering with public vulnerability data
Recorded Future believes China has been altering public vulnerability data to allow the Ministry of State Security to play with it first.
New rapid voice cloning tech could spell end for voice authentication
Baidu unveiled a new system that can clone your voice using just 3.7 seconds of audio, a scary thought in the era of voice biometric authentication.
A guide to staying one step ahead of modern email attackers
Email serves as an organisations’ communicative lifeblood, thus making it the most critical vector for an assortment of threats.