CFOtech India - Technology news for CFOs & financial decision-makers

Scams stories - Page 2

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Visa launches Security Roadmap to combat AI-driven payment fraud

Thu, 3rd Jul 2025
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Visa launches a Security Roadmap in New Zealand to tackle rising AI-driven payment fraud, offering new tools and support for small businesses amid NZD $194m losses.
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CommBank deploys AI bots to disrupt scams, protect Australians

Tue, 1st Jul 2025
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CommBank has launched AI bots developed with Apate.ai to engage scammers in real-time, disrupting fraud and protecting Australians from scams.
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Hazy Hawk exploits abandoned cloud DNS for global scams surge

Thu, 22nd May 2025
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Cybersecurity firm Infoblox warns of Hazy Hawk, a threat actor hijacking DNS records from abandoned cloud resources to spread scams and malware worldwide.
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Hazy Hawk exploits cloud DNS to hijack subdomains for scams

Wed, 21st May 2025
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Security firm Infoblox links the Hazy Hawk group to global subdomain hijacks via abandoned Amazon and Azure cloud services, spreading scams and malware.
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UK banks see spike in mobile fraud as scams shift from calls

Mon, 5th May 2025
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UK mobile banking fraud surged 11% in 2024 as scammers shift from voice scams, with card fraud and remote iOS attacks also on the rise, reports BioCatch.
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Cybercriminal groups use RDGAs in scams, phishings

Tue, 29th Apr 2025
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Cybercriminal groups Reckless Rabbit and Ruthless Rabbit use registered domain algorithms to carry out investment scams costing US consumers USD $5.7 billion in 2024.
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Australians warned of rising election scams as poll nears

Thu, 17th Apr 2025
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Cyber experts warn Australian voters to beware election scams ahead of the federal poll, predicting tactics similar to those seen in the US as threats rise.
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Google blocks 5.1 billion ads & boosts AI ad safeguards

Thu, 17th Apr 2025
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Google blocked over 5.1bn ads and suspended 39.2m accounts in 2024, using AI advancements to combat ad scams and protect consumers.
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Rising threats to influencers as cyber attacks escalate

Wed, 9th Apr 2025
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Bitdefender reports a dramatic rise in cybercrime targeting social media influencers, uncovering over 9,000 malicious livestreams on YouTube in 2024.
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Revolut report highlights surge in Telegram, WhatsApp scams

Thu, 3rd Apr 2025
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Revolut's latest report reveals Meta platforms are the primary source of scams affecting consumers, with reported cases rising significantly in Australia and globally.
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Scams cost Australian small businesses AUD $7.9 million

Thu, 3rd Apr 2025
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Scams targeting Australia's micro and small businesses caused losses of AUD $7.9 million in 2024, despite recent efforts leading to a decrease from AUD $17.3 million.
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Exclusive: GBG's Carol Chris on innovation, fraud prevention and growth

Fri, 14th Mar 2025
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Carol Chris, General Manager of GBG APAC, emphasises innovation in fraud prevention amid rising data breaches, as demand for compliance solutions grows.
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Cybercrime report reveals 58% surge in APT activity

Fri, 28th Feb 2025
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Group-IB's new report reveals a 58% rise in Advanced Persistent Threats, with Europe facing the brunt amid escalating geopolitical tensions.
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Counter-Strike 2 gamers warned about rising scam threats

Fri, 21st Feb 2025
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Bitdefender Labs warns the Counter-Strike 2 community of scammers exploiting major esports events like IEM Katowice 2025 to defraud gamers through hijacked YouTube accounts.
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Kaspersky blocks over 893 million phishing attempts in 2024

Thu, 20th Feb 2025
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In 2024, Kaspersky blocked over 893 million phishing attempts, a 26% rise from 2023, as cybercriminals exploited trusted brand names to deceive users.
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Norton launches AI-powered scam protection globally

Thu, 20th Feb 2025
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Norton has unveiled its AI-powered Genie Scam Protection, enhancing its Cyber Safety products to tackle the surge in scams, now accounting for 90% of cyberthreats.
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Deepfakes & scams plague one-fifth of UK dating app users

Fri, 14th Feb 2025
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A survey by Sumsub reveals that deepfakes pose a significant threat on UK dating apps, with 75% of users suspecting AI manipulation.
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Kaspersky warns of Valentine's Day gift scam surge

Fri, 14th Feb 2025
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Kaspersky warns of a significant rise in Valentine's Day scams, with cybercriminals exploiting the holiday by creating fake websites for enticing gifts.
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UK online daters face rising AI-generated scam threats

Thu, 6th Feb 2025
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A new Norton survey reveals that over half of UK online daters encounter suspicious profiles weekly, amid rising scams linked to loneliness and AI misuse.
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United Kingdom loses record GBP £306m to crypto scams in 2023

Thu, 6th Feb 2025
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Cryptocurrency scams have surged in the UK, with victims losing GBP £306 million in 2023, prompting warnings for greater vigilance in the digital currency market.