Fraud Awareness Week Stories

Global Stories

Fraud Awareness Week stories

Australian firms urged to bolster defences as global fraud hits USD $3.1 billion

Australian firms are urged to strengthen defences as global occupational fraud losses reach USD $3.1 billion amid rising complex scams and cyber threats.

By Kaleah Salmon • 3 min read • Fri, 21st Nov 2025

Identity and Access Management

AI-powered fraud could cost firms USD $11.5 billion by 2027

AI-driven digital fraud, including deepfakes and fake personas, could cost firms USD $11.5 billion globally by 2027, outpacing traditional defences.

By Melania Watson • 3 min read • Thu, 20th Nov 2025

Marketing Technologies

Riskified urges fraud vigilance as holiday eCommerce surges

Riskified urges shoppers and merchants to stay vigilant against rising AI-driven eCommerce fraud as holiday online sales may hit USD $311 billion in 2025.

By Sean Mitchell • 3 min read • Wed, 19th Nov 2025

Multi-factor authentication

Cyber fraud risks rise as focus shifts to obsolete technology

Fraud risks rise as firms overlook obsolete tech; underinvestment in end-of-life IT assets could cost USD $27.1m per breach, warns Iron Mountain's Asia Pacific GM.

By Kaleah Salmon • 5 min read • Mon, 17th Nov 2025

Ransomware

AI & phishing attacks highlight human risk in Australian fraud

Australian firms face rising fraud risks as AI-driven phishing attacks exploit human error, urging stronger security culture ahead of International Fraud Awareness Week.

By Shannon Williams • 4 min read • Tue, 11th Nov 2025

Unified Communications

GenAI tools amplify online fraud risks, report reveals

A new Transmit Security report reveals generative AI is fuelling a surge in dark web fraud, with accessible tools like FraudGPT boosting online scam capabilities.

By Shannon Williams • 3 min read • Wed, 31st Jul 2024

Phishing

SAS and ACFE reveal Fraud Awareness Week insights

The Association of Certified Fraud Examiners (ACFE) has estimated that occupational fraud costs businesses around the world more than USD$4.7 trillion annually.

By Mitchell Hageman • 3 min read • Tue, 15th Nov 2022