Fraud stories

Australians greatly overestimate their ability to spot AI-driven scam images, with new research showing they get it right less than half the time.

Infoblox agrees to buy AI-driven threat hunter Axur, aiming to curb phishing and brand abuse beyond the traditional network perimeter.

Paydibs backs direct access to Malaysia’s payment rails and global wallets to cut costs, speed settlements and boost SME resilience.

Rapid AI rollout, geopolitical rifts and fragile supply chains are upending cyber risk, straining outdated security and compliance regimes.

Myths over the value of business data are leaving smaller firms dangerously exposed, IDS-INDATA warns ahead of Data Privacy Day.

A leading fraud expert says the FCA’s new Firm Checker will boost transparency but leave sophisticated social engineering scams largely untouched.

Banks are set to embed AI deep into payment systems by 2026, slashing costs as fraud surges and pressure mounts on platforms and regulators.

Hadrian rolls out AI “offensive” agents that mimic hackers, probing firms’ systems continuously to spot and fix cyber flaws first.

Cowbell warns UK firms to brace for 2026 surge in AI-driven scams, data theft and supply chain hacks amid tighter cyber cover rules.

AI tools and online deals help drive a 5% rise in Australian Christmas retail spending, with discount and department stores surging.

UK accountants say firms are already losing money to flawed ChatGPT tax advice and warn misuse of AI could trigger failures by 2026.

Visa teams with Akamai on new protocol to verify AI shopping agents, tackling a 300% surge in bot traffic and rising eCommerce fraud risks.

Chinese state-backed hackers mimic Microsoft Teams downloads in a false flag campaign to infect Chinese speakers and blame Russian actors.

Researchers warn a new ‘GhostPairing’ WhatsApp scam turns device linking into a stealth spy tool, hijacking chats via trusted contacts.

Agentic AI networks could let cybercriminals automate attacks at relentless scale, forcing security teams into a new AI-driven arms race.

Atturra teams with Comtrac to roll out AI-powered investigation tools for Australian law enforcement and regulators via a single service channel.

Music tech boss Con Raso predicts AI, anti-fraud tools and fan-powered models will reshape streaming, gaming and DSP catalogues by 2026.

UK unveils GBP £15 million anti-corruption drive, but experts warn sidelined fraud strategy leaves main source of dirty money unchecked.

One in three Australians are ready to let AI shop on their behalf, but fears over fraud, control and bad purchases still loom large.

Group-IB has launched a Cyber Fraud Intelligence Platform to help UK banks tackle GBP £600m fraud by securely sharing real-time risk signals while ensuring data privacy.