Online fraud Stories - Page 19

Global Stories

Online fraud stories

AI bots drive 57% of holiday shopping traffic, study finds

Radware's 2025 report reveals 57% of 2024 holiday eCommerce traffic was from bots, marking a shift with AI-enhanced bots outpacing human shoppers online.

By Melvin Hipolito • 3 min read • Thu, 24th Apr 2025

Phishing

AI-powered scams surge online as Microsoft blocks USD $4bn

Microsoft's report reveals a surge in AI-powered scams, blocking USD $4bn in fraud and detecting 1.6 million bot signups per hour online.

By Melania Watson • 3 min read • Thu, 17th Apr 2025

Marketing Technologies

Google blocks 5.1 billion ads & boosts AI ad safeguards

Google blocked over 5.1bn ads and suspended 39.2m accounts in 2024, using AI advancements to combat ad scams and protect consumers.

By Sean Mitchell • 3 min read • Thu, 17th Apr 2025

Cybersecurity

Bitdefender unveils new family security plans for consumers

Bitdefender has launched new Family Plans, offering tailored security solutions as cybercrime losses soar to over USD $1 trillion globally, ensuring families stay protected.

By Melania Watson • 3 min read • Mon, 7th Apr 2025

Cybersecurity

US leads global online fraud rates, new study reveals

A recent study by ZeroBounce reveals the US leads globally in online fraud risk, with a staggering score of 64.2 and 83% of incidents occurring digitally.

By Shannon Williams • 3 min read • Sun, 16th Mar 2025

Physical Security

Emerging multimedia Bitcoin scams use deceptive MMS videos

A study by Proofpoint reveals a rise in Bitcoin scams utilising video attachments in multimedia messages, evolving from static images to deceive victims.

By Melania Watson • 3 min read • Tue, 25th Feb 2025

Social Media

Romance scams reach six-year high, Moody's reports

Moody's highlights a six-year high in romance scams, unveiling 1,193 new entities globally in 2024, with the US leading at 38% of cases.

By Shannon Williams • 3 min read • Thu, 13th Feb 2025

Data Protection

Entrust launches AI identity tool to tackle USD $112bn fraud

Entrust has launched a new AI-based identity verification service to help businesses tackle rising online fraud, which cost US firms USD $112 billion in 2024.

By Imee Dequito • 3 min read • Wed, 22nd Jan 2025

Supply Chain

Netacea secures GBP £4 million to combat bot attacks

Netacea has secured an additional GBP £4 million investment from Mercia Asset Management to enhance its fight against sophisticated bot attacks.

By Catherine Knowles • 3 min read • Thu, 12th Dec 2024

Phishing

Rise in counterfeit websites threatens holiday shoppers

As the festive shopping season approaches, researchers have identified nearly 80,000 counterfeit websites, endangering online shoppers seeking deals.

By Melania Watson • 3 min read • Mon, 2nd Dec 2024

Endpoint Protection

Experts warn of cyber risks as Black Friday approaches

As Black Friday and Cyber Monday approach, experts warn shoppers to be vigilant against rising cyber threats like malvertising and online fraud.

By Shannon Williams • 3 min read • Thu, 28th Nov 2024

Malware

Kaspersky uncovers Russian-led crypto & web3 fraud campaign

Kaspersky has uncovered a sophisticated cyber fraud scheme, 'Tusk,' exploiting popular trends like web3 and AI to steal cryptocurrency and sensitive data.

By Shannon Williams • 3 min read • Thu, 22nd Aug 2024

Unified Communications

GenAI tools amplify online fraud risks, report reveals

A new Transmit Security report reveals generative AI is fuelling a surge in dark web fraud, with accessible tools like FraudGPT boosting online scam capabilities.

By Shannon Williams • 3 min read • Wed, 31st Jul 2024

Stories from Other Regions

Online fraud stories

Unified Communications

Cifas reports sharp rise in UK identity fraud cases for 2024

Fraud cases in the UK surged by 12.5% in 2024, with identity fraud now comprising 59% of reports, highlighting a worrying trend in cybercrime tactics.

By Kaleah Salmon • 3 min read • Mon, 14th Apr 2025

Marketing Technologies

eCommerce faces cybercrime losses of GBP £2.02m per hour

Research from Cequence Security warns eCommerce firms could lose GBP £2.02 million per hour to cybercrime during December's holiday shopping season.

By Shannon Williams • 3 min read • Thu, 19th Dec 2024

Email Security

UK SMBs lose GBP £11,000 on average to online fraud in 2024

Research shows UK small and medium-sized businesses lost nearly GBP £11,000 each to online fraud in 2024, raising survival concerns among leaders.

By Shannon Williams • 3 min read • Thu, 5th Dec 2024

Online fraud

AI fraud networks exploit UK shoppers amid festive season

AI-driven fraud threatens to undermine Black Friday and Cyber Monday shopping, with UK scams costing victims over GBP £11.5 million last year.

By Shannon Williams • 3 min read • Tue, 3rd Dec 2024

Fintech

Survey: Security top concern for online banking in Singapore

A new FIS survey reveals security is the top concern for online banking in Singapore, with 56% noting increased fraud attempts and millennials most affected.

By Shannon Williams • 3 min read • Tue, 24th Sep 2024