Fraud Stories

American Stories

Fraud stories

US consumers embrace AI agents but fear money risk

US adults are using AI agents weekly, but half fear letting them spend on a credit card as trust falters over fraud and data sharing.

By Karen Joy Bacudo • 4 min read • Today

Fintech

pmtbox appoints Coupons.com founder Steven Boal to board

The board expansion adds a seasoned payments veteran as pmtbox seeks to scale after a USD $15 million seed round led by Tandem Ventures.

By Mara Sugue • 4 min read • Today

Artificial Intelligence

AI agents surge on protected transactions, Arkose says

Banks and retailers are increasingly seeing genuine AI agents on logins and checkouts, forcing firms to separate customer help from fraud.

By Joseph Gabriel Lagonsin • 4 min read • 3 days ago

Global Stories

Fraud stories

eCommerce

Chargeflow data flags Black Friday non-delivery surge

Non-delivery claims overtook card fraud on Black Friday weekend, with chargebacks filed weeks later and peak disputes hitting in January.

By Joseph Gabriel Lagonsin • 4 min read • Today

Ransomware

Lab 1 warns breach data now exposes thousands more firms

The findings show stolen files can reach far beyond the named victim, with the median breach now exposing data linked to 542 other organisations.

By Mara Sugue • 4 min read • Today

Fintech

GSMA re-elects Gopal Vittal as chair, names Vodafone CEO

The appointments preserve senior operator representation at the mobile industry's top table as security, AI and network investment climb the agenda.

By Sean Mitchell • 4 min read • 4 days ago

Cybersecurity

Who Really Pays When a Supplier Payment Is Hijacked? Leveraging Your Procurement Software to Combat Fraud

Fraudsters are increasingly targeting supplier payments, leaving both buyers and suppliers out of pocket unless bank details are verified before funds move.

By Maurice Iwunze • 4 min read • Last week

Phishing

Scams overtake phishing as attacks grow shorter-lived

Scam detections nearly doubled to 6.4 million as criminals shifted to faster-moving fraud that can evade takedowns and hit consumers directly.

By Joseph Gabriel Lagonsin • 3 min read • Last week

Malware

Akamai says online scams overtake phishing attacks

Scam detections roughly doubled to 6.4 million in the first quarter of 2026, signalling a shift that is widening fraud risk for businesses.

By Sofiah Nichole Salivio • 4 min read • Last week

Cybersecurity

ANZ hackathon in Brisbane tackles cybercrime skills

More than 100 students are tackling real-world scam and fraud scenarios as Queensland faces the highest share of Australia's cybercrime reports.

By Joseph Gabriel Lagonsin • 4 min read • Last week

Phishing

Jev AI lookalike domains surge after launch, UpGuard warns

Users could have prompts, files and API keys stolen as 167 lookalike domains linked to Jev were registered within 13 days of launch.

By Mara Sugue • 4 min read • Last month

Stories from Other Regions

Fraud stories

Ransomware

Everywhen warns cyberattacks can breach customer trust

The incident has exposed a gap in cyber risk planning, with unauthorised app messages at ASOS showing how trust and fraud fears can linger after attacks.

By Sofiah Nichole Salivio • 4 min read • Yesterday

Risk & Compliance

Finance workers share sensitive data with AI tools

More than four in 10 finance and insurance staff using AI at work have shared sensitive data without their employer’s knowledge, a survey found.

By Karen Joy Bacudo • 4 min read • Today

Network Security

Philippine operators unveil anti-scam push with GSMA

Fears over fraud are pushing Philippine mobile operators to test network-led scam detection and transaction checks with the GSMA.

By Mara Sugue • 4 min read • Yesterday

Data Protection

Beyond the Selfie: How EU AML Reform Could Reshape Customer Onboarding

From July 2027, firms will face stricter proof-of-identity rules that could slow onboarding unless they adopt trusted digital credentials and better audit trails.

By Clive Bourke • 2 min read • 2 days ago