Fraud stories - Page 14

While only 13% of organisations use AI and machine learning to detect and deter fraud, another 25% plan to adopt such technologies in the next year or two.

eCommerce fraud boom leads to a surge in CNP crime, spotlighting vital PCI-DSS compliance and advanced security tech.

Financial compliance remains a weak point for businesses, with internal control weaknesses and employees being the main culprits, according to SAP Concur.

Finance leaders must embrace new technologies and combat fraud to drive growth and mitigate risks, says SAP Concur.

Nuance Communications claims its biometric technology has thwarted over USD $1 billion in fraud, as fraud attacks via contact centres rise sharply.

Along with greater speed comes new fronts in the fight against fraud. Here are three trends to watch as financial institutions balance speed and security.

Its new solution uses machine learning to protect online and mobile channels, as well as meet compliance requirements for transactional risk analysis.

Huawei faces 13-count indictment in the US, including bank fraud, wire fraud, and conspiracy charges. CFO Meng also indicted.

Proofpoint researchers have looked ahead at the trends and events likely to shape the threat landscape in the year to come.

Most companies tend to take a basic approach that focuses on numbers and compliance, without much room for grey areas or negotiation.

Despite the crackdowns, Microsoft warns that these scams persist and target everyone, no matter their age or location.

Australian merchants have lost AUD $476 million to CNP fraud in the past year. With fraud accounting for 78% of all payment issues, businesses must act now.

The ACCC has issued another warning to Australians to be wary of scam tactics, as victims continue to lose large sums of money.

So far in 2018 Australians have lost more than $26 million to investment scams. Already monthly losses have increased 117% since last year.

From personal privacy to online scams, it seems almost every IT security-related issue now has its very own awareness week.

IDC names Socure, BioCatch, IdentityMind Global, and Acuant as 'Innovators,' spotlighting their cutting-edge solutions in the evolving identity proofing market.

Australian organisations should be looking at their ICT security as part of their planning process for the new financial year.

Emailage delivers online fraud mitigation and email risk assessment technologies and says eCommerce fraud is a growing problem around the world.

Digital fraud in APAC is rising as online threats evolve. RSA Security's Richard Booth highlights key risks and strategies to stay protected.

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.