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Online fraud news stories - Page 2

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Cybersecurity
Digital Shadows discovers credit card crime ring cashing in on $24b a year
A professional ecosystem has emerged that is providing e-learning courses to allow aspiring cybercriminals to make USD$12k in monthly earnings.
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Smartphone
Report urges organisations to be wary of BYOD and rogue employees
"Current cyber policies are inadequate in safeguarding against rogue employees and criminals who are intent on stealing data, IP and even cash."
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Cybersecurity
Survey finds China’s a hotspot for all types of fraud: Whistleblowing may be the answer
86% of respondents with operations in China experienced a fraud incident last year, a 13% jump since 2015.
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Machine learning
Stripe's new 'caller ID' machine learning platform is tackling online fraud - and making card payments safer
Radar works by using algorithms to detect patterns and instances of likely fraud. As it learns, its defences become more powerful over time.
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Distribution
NSW Fair Trading warns against dealing with Digital Skies Group
“This company is the subject of numerous complaints & Fair Trading has been unable to make contact with the business owner despite numerous attempts."
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Cybersecurity
Fighting bank fraud and improving the customer experience: Can they work together?
Decreasing the risk of bank fraud and improving the customer experience are both based on knowing the customer - can they work together?
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Retailers
New tool to protect retailers from online fraud
“Online fraud is much closer to home than retailers might think, and can be any purchase value made by any purchase method."