CMOtech India - Technology news for CMOs & marketing decision-makers

Fraud stories

Story image
Three ways employees can spot a deepfake scam
Last week
#
cybersecurity
#
fraud
#
mfa
As deepfake scams surge globally, employees are urged to be vigilant and adopt common-sense checks, including 'liveness' checks and using internal codewords.
Story image
Biometrics market projected to reach USD $173.7bn by 2032, says report
Last week
#
pc hardware
#
surveillance
#
blockchain
The surge in demand for secure identification boosts the market valuation of biometrics technology, set to rise from USD $50.3bn in 2023 to USD $173.7bn by 2032, according to DataHorizzon Research.
Story image
BlackLine launches AI tool to revolutionise financial risk analysis
This month
#
compliance
#
ai
#
blackline
Digital finance firm, BlackLine, unveils its AI-driven Journals Risk Analyser, an innovation set to revolutionise audits, risk management, and compliance in the finance sector.
Story image
Adyen report unveils Singapore's evolving fintech landscape
This month
#
fintech
#
digital transformation
#
adyen
Adyen's 2024 Retail Report reveals swift adoption of cashless transactions in Singapore, with 31% ditching wallets and 47% comfortable with QR codes.
Story image
Radware unveils latest version of AI-based Bot Manager
This month
#
firewall
#
managed services
#
partner programmes
Cybersecurity firm Radware introduces a new Bot Manager to proactively mitigate advanced bot attacks whilst ensuring genuine user experience.
Story image
Financial institutions increasingly deploy AI in fight against fraud
This month
#
ml
#
compliance
#
ai
Amid growing fraud concerns, a study reveals 70% of financial institutions are turning to AI and machine learning to bolster defenses, marking a notable shift towards tech innovation.
Story image
AI-powered localised scams on the rise, banking fraud trend takes off
Last month
#
advanced persistent threat protection
#
ai
#
cybercrime
BioCatch warns of increasing trend of fraudsters using AI to personalise scams across Europe, with digital fraud and financial crime escalating. Meanwhile, the UK sees notable drop in voice scams.
Story image
Cybercrime reports drop in NZ, but threats persist
Last month
#
phishing
#
ransomware
#
advanced persistent threat protection
Despite a reported decrease in cybercrime incidents to CERT NZ in 2023, authorities warn persistent and evolving threats.
Story image
PPRO bolsters leadership with new legal & compliance appointments
Last month
#
fintech
#
digital banking
#
open banking
PPRO has bolstered its leadership, appointing Selene Brett as Chief Legal, Risk and Compliance Officer, and Marc Kuzak and Massimiliano Conte as Legal and Compliance Director respectively to bolster governance.
Story image
Are C-suite executives cybersecurity's weakest link?
Last month
#
ransomware
#
phishing
#
email security
C-suite executives, often the weakest security link in organisations, are a significant target for cyber threats, amid a surge in cyber attacks.
Story image
Generative AI set to reshape anti-fraud efforts by 2024
Fri, 23rd Feb 2024
#
ml
#
biometrics
#
rpa
83% of anti-fraud professionals to deploy generative AI in anti-fraud activities within two years, says 2024 Anti-Fraud Technology Benchmarking Report, despite earlier lag behind expectations.
Story image
Appdome bolsters mobile fraud fight with Geo Compliance feature set
Mon, 19th Feb 2024
#
apple
#
smartphones
#
compliance
Mobile app security firm Appdome introduces Geo Compliance feature set to fight mobile fraud and aid brands in verifying user location.
Story image
SpendConsole expands AI-powered AP automation to Dubai
Fri, 16th Feb 2024
#
advanced persistent threat protection
#
cyber threats
#
fraud
AI-powered accounts payable firm SpendConsole expands into the Middle East, opening a new office in Dubai amidst rising demand for automation solutions.
Story image
Netsafe launches online safety programme for seniors in New Zealand
Thu, 15th Feb 2024
#
email security
#
scams
#
nz
Netsafe, a charitable organisation in New Zealand, has launched 'Get Set Up for Safety', a nationwide initiative to equip senior citizens with skills to combat online threats such as fraud and scams.
Story image
'Artificial Inflation of Traffic' scams skyrocket in 2023
Thu, 15th Feb 2024
#
cloud services
#
ai
#
threat intelligence
A Swedish report exposes a disturbing surge in Artificial Inflation of Traffic (AIT) fraud, with 20 billion fraudulent SMS messages costing organisations a total of $1.16 billion in 2023.
Story image
Rise in Valentine's Day scamming on dating apps, warns Cequence Security
Wed, 14th Feb 2024
#
advanced persistent threat protection
#
ai
#
threat intelligence
This Valentine's Day, Cequence Security's alarming research reveals an increase in scamming activity on dating apps, with fraudsters posing as romantic prospects to exploit users financially.
Story image
Decline in trust with SMS platforms predicted by new XConnect study
Thu, 8th Feb 2024
#
cloud services
#
phishing
#
email security
A study by XConnect and Mobilesquared reveals CPaaS providers are expected to lose nearly a quarter of trust in SMS platforms between 2023 and 2025 due to potential fraud risks.
Story image
SEON joins AWS ISV Accelerate Program to enhance fraud prevention
Wed, 7th Feb 2024
#
public cloud
#
fintech
#
cloud services
Online fraud prevention leader SEON steps into Amazon Web Service's Independent Software Vendor Accelerate Program, expanding its pioneering platform's accessibility and reach.
Story image
Riskified enhances Dispute Resolve to tackle Australian eCommerce fraud
Tue, 6th Feb 2024
#
digital transformation
#
martech
#
commerce systems
Riskified's Dispute Resolve platform expands its services in Australia, aiming to aid merchants facing a post-holiday surge in chargebacks. The platform can streamline and accelerate revenue recovery through AI and gateway integrations.
Story image
BT Group partners with Optiva for AI & blockchain integrated services
Wed, 31st Jan 2024
#
ai
#
blockchain
#
b2b
UK telecoms giant, BT Group, launches AI and blockchain services in collaboration with cloud specialist, Optiva, targeting banking, healthcare and insurance sectors.
Story image
Data Privacy Day: Zoho highlights the need for more education
Fri, 26th Jan 2024
#
bi
#
big data
#
edutech
Data Privacy Day: Zoho stresses the vital need for businesses to educate themselves, increase transparency and bolster data privacy practices as AI use intensifies.
Story image
SAS lauded as leader in AML transaction monitoring by Chartis Research
Wed, 24th Jan 2024
#
big data
#
bi
#
data analytics
In its inaugural AML transaction monitoring solutions evaluation, Chartis Research recognises analytics giant SAS as a category leader, underscoring its impressive capabilities in analytical modelling, risk typology modelling, and workflow automation.
Story image
Artificial Intelligence: the catalyst for transformation in Australia's freight industry
Tue, 23rd Jan 2024
#
cloud services
#
fraud
#
weather
AI-driven transformation is set to revolutionise Australia's freight industry, addressing challenges like driver shortages, underutilisation of capacity, and demand for real-time pricing and visibility.
Story image
Instagram influencer marketing expected to hit USD $22 billion by 2025
Mon, 22nd Jan 2024
#
instagram
#
digital advertising
#
youtube
HypeAuditor report predicts Instagram influencer marketing will reach a dramatic USD $22 billion by 2025, driven by a surge in social e-commerce and a shift to digital advertising.