Cyber fraud stories
Scam losses are rising faster than human fraudsters alone can explain, with AI-enabled cases in the US already topping USD $900 million.
Fintech lenders and banks face rising losses as AI-generated statements and identity files slip into automated onboarding before manual checks.
Faster instant payments and AI-led commerce are exposing fraud and infrastructure gaps, forcing banks and merchants to bolster resilience.
Police across 11 Asia-Pacific countries are being trained to trace crypto flows faster as scam compounds adapt and cross-border fraud grows.
Boards are being urged to fix data quality, fraud controls and infrastructure before AI adoption numbers start to matter.
F-Secure's Laura Kankaala explains how the Yahoo Boys scam culture has evolved from advance-fee emails into sextortion and romance fraud.
Platforms under pressure to protect minors can now verify users while keeping facial data on the device, after Incode's new tool debuted.
Reduced staffing and delegated approvals during annual leave are giving fraudsters more chances to slip through corporate checks, Everywhen says.
Fraud teams will gain extra app-level signals as the firms combine mobile protection with identity intelligence to catch tampering and abuse.
The recognition underscores rising demand for invoice tools that can meet tighter e-invoicing rules, cut fraud risk and support AI oversight.
Major sporting events are giving fraudsters fresh ways to scrape data, hijack tokens and abuse APIs in genuine betting apps.
Businesses are being warned that publicly exposed staff data can now fuel phishing and deepfake fraud without breaching internal systems.
Rising online fraud and a 2027 digital assets regime are pushing banks and fintechs to upgrade infrastructure as adoption accelerates.
Mobile-led fraud is forcing Indian banks to confront faster scams, bigger attempted transfers and a growing mule network.
Students and dropouts will pitch banking security ideas for a prize pool of more than INR ₹10 lakh as digital fraud risks mount.
EBITDA profitability gives Carousell room to expand secondhand services and AI tools, after revenue rose 18% to USD $140 million last year.
Most customers still face avoidable phishing risk, as 59% of Australian banks lack the strict DMARC setting that blocks spoofed emails.
Nearly six in ten Londoners have seen more scam attempts in the past year, with social media fraud and AI-made ruses fuelling concern.
Customers can now quiz Starling's app before sending money, as UK fraud losses climb and romance scams hit savers hardest.
Victims in the UK lost GBP £106 million last year as fraudsters use AI, private messaging and emotional pressure to extract cash.
