SecurityBrief Australia - Technology news for CISOs & cybersecurity decision-makers

Fraud stories - Page 15

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Mobile app fraud transactions have skyrocketed 680% since 2015

Thu, 24th May 2018
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endpoint protection
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edr
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cybersecurity
Mobile app fraud has risen by 680% since 2015, as hackers target mobile channels for fraud, according to RSA Security's Q1 2018 Fraud Report.
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National Scams Awareness Week: Australians lost $340m in 2017

Tue, 22nd May 2018
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email security
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cybersecurity
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scams
Scammers stole $340 million from Australians in 2017 – ACCC says this is the biggest loss ever recorded on its books.
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Email fraud attacks take fast and furious approach to their business targets

Tue, 22nd May 2018
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email security
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cybersecurity
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scams
Email fraud attacks surged 55% last quarter as criminals focus on targeted strikes, with real estate firms among the hardest hit, reports Proofpoint.
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Ecommerce is on a roll in APAC, but 18% of consumers still get caught by fraud

Mon, 21st May 2018
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martech
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commerce systems
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wireless networks
Ecommerce is thriving in the Asia Pacific region, but 18% of consumers remain vulnerable to fraud, according to Experian's 2018 report.
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Securing SWIFT networks vitally important for cyber attack prevention

Fri, 11th May 2018
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iot security
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forescout technologies
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swift
Businesses that use the SWIFT network must comply with SWIFT's Customer Security Programme (CSP) or face the risk of attacks.
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Three ways organisations can prevent fraud and enforce policy compliance

Mon, 7th May 2018
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risk & compliance
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sap
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fraud
Australian organisations can prevent fraud with updated policies, plugging leaks, and automating routine tasks, says SAP Concur. Proper controls are key.
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Why cybercriminals are corrupting popular social media platforms

Sun, 6th May 2018
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cybersecurity
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facebook
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instagram
Fraudsters are targeting legitimate social media platforms to create a new type of fraud market – one that has a global reach.
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Cybercriminals taking over email accounts and scamming contacts

Fri, 4th May 2018
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firewalls
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phishing
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email security
A new study from Barracuda has revealed an increasingly popular method of cybercrime - steal email credentials then steal money from colleagues.
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59% APAC financial firms bolster investment in fraud detection

Thu, 5th Apr 2018
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malware
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cybersecurity
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fraud
Amid rising fraud concerns, 59% of APAC financial firms are increasing investment in detection tech, surpassing even multi-factor authentication, says Experian.
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New research finds China tampering with public vulnerability data

Mon, 12th Mar 2018
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cybersecurity
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fraud
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cybercrime
Recorded Future believes China has been altering public vulnerability data to allow the Ministry of State Security to play with it first.
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New rapid voice cloning tech could spell end for voice authentication

Sat, 10th Mar 2018
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biometrics
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cybersecurity
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voice control
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.
Fallback

A guide to staying one step ahead of modern email attackers

Mon, 5th Mar 2018
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malware
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ransomware
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email security
Email serves as an organisations' communicative lifeblood, thus making it the most critical vector for an assortment of threats.
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Why banks need to show more initiative in tackling cyber fraud

Thu, 1st Mar 2018
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malware
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ddos
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cybersecurity
Why financial institutions need to combat the increasingly complex and intelligent threat landscape with a holistic security approach.
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Domain fraud rife during PyeongChang Winter Olympics

Tue, 27th Feb 2018
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martech
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software development
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domain names
Only three of the 105 domains were legitimate (although unofficial) domains, which are being used for Olympic medal tracking purposes.
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WhiteHawk hires top cyber talent to develop online security marketplace

Fri, 23rd Feb 2018
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cybersecurity
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accenture
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fraud
WhiteHawk has expanded its team, hiring top cyber talent and promoting Antonio Crespo to chief information officer.
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Cryptocurrency exchange says it lost $195m to hackers – but is it a scam?

Tue, 13th Feb 2018
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crypto
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blockchain
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cybersecurity
BitGrail wasn't known to many until last week when it announced it had been hacked, but many experts believe all is not as it seems.
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AU woman fakes CV to get $245k CIO salary, but gets sacked instead

Tue, 6th Feb 2018
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cybersecurity
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government
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it industry
The IT skills shortage in Australia is bad enough without having to factor in fraud - an expert has advice for both employers and potential recruits.
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Reseller pleads guilty to stealing from vulnerable rural Australians

Fri, 2nd Feb 2018
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physical security
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resellers
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fraud
Jackson Temi Anni has been sentenced to 18-months imprisonment for lying about products and taking money directly from consumers' bank accounts.
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Appier fights ad fraud with the help of artificial intelligence

Tue, 12th Dec 2017
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ai
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fraud
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appier
AI-based fraud detection outperforms traditional models, identifying twice as many fraudulent transactions within four months.
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IBM Security wants to stop identity fraud in its tracks

Mon, 6th Nov 2017
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ibm security
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fraud
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identity
IBM Security is helping to fight global identity fraud by launching a new solution designed especially for financial institutions.