TechDay Australia - Australia's technology news network

Cyber fraud stories

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Qilin ransomware attack hits sheriff, $48K spent on recovery
Today
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malware
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cybersecurity
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data breach
Ransomware gang Qilin claimed an April 2025 attack on Tennessee's Hamilton County Sheriff's Office, demanding USD $300,000, with no ransom paid.
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Emerging multimedia Bitcoin scams use deceptive MMS videos
Tue, 25th Feb 2025
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physical security
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cybersecurity
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identity theft
A study by Proofpoint reveals a rise in Bitcoin scams utilising video attachments in multimedia messages, evolving from static images to deceive victims.
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Kaspersky warns of surge in Chinese New Year scams
Fri, 31st Jan 2025
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phishing
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email security
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cybersecurity
As Chinese New Year 2025 approaches, Kaspersky warns of a rise in fraudulent websites exploiting the festive spirit, enticing consumers with fake deals.
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PayPal warns Aussies of risky shopping ahead of sales
Thu, 26th Dec 2024
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email security
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payment technologies
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ecommerce
PayPal's latest research reveals a 9% rise in risky shopping habits among Australians ahead of Boxing Day, raising alarm over potential scams.
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Businesses face $2.58 million in losses per hour from bots
Fri, 20th Dec 2024
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endpoint protection
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martech
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commerce systems
Cequence warns businesses could face average losses of USD $2.58 million per hour this December due to surging malicious bot traffic and fraud.
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Bureau raises USD $30m Series B amid soaring fraud costs
Thu, 19th Dec 2024
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gaming
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fintech
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cx
Bureau has raised USD $30 million in a Series B funding round, aiming to tackle the global fraud crisis, which costs USD $486 billion each year.
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Safety tech sector sees $6.3 billion investment rise
Wed, 18th Dec 2024
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genai
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ai
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cybersecurity
Paladin Capital Group's latest report reveals global Safety Tech investment has surged to $6.3 billion, highlighting steady sector growth amid rising digital threats.
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Transmit Security report reveals rise in AI-driven fraud scams
Wed, 31st Jul 2024
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devops
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digital entertainment
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apm
Transmit Security's latest report reveals a surge in AI-driven fraud scams, highlighting dark web marketplaces and tools like FraudGPT that empower even novice fraudsters.
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Bitdefender joins the Global Anti-Scam Alliance to combat fraud
Thu, 30th May 2024
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email security
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llms
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ai
Bitdefender partners with the Global Anti-Scam Alliance to combat rising AI-driven scams, leveraging its tech expertise to protect global consumers from online fraud.
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Australian healthcare plagued with rising rate of cyber fraud
Fri, 16th Feb 2024
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firewalls
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encryption
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network security
RSM Australia warns that identity and cyber fraud pose significant threats to the healthcare sector, with criminals exploiting complex funding sources and billing systems.
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New Netsafe alliance formed to combat rising cyber fraud
Wed, 10th Jan 2024
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uc
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blockchain
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email security
To combat the rising threat of cyber fraud, a new alliance aims to reinforce consumer safety in banking, cryptocurrency, and telecommunications sectors in NZ.
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Protecting your business from deep fake fraud
Sat, 23rd Dec 2023
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biometrics
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mfa
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genai
AI deepfakes surge: a new fraud threat to businesses.
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ESET identifies dramatic rise in deceptive SpyLoan apps in APAC region
Fri, 8th Dec 2023
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smartphones
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google
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loan platfom
ESET reports a marked increase in deceptive SpyLoan apps targeting the APAC region, posing a serious cyber threat.
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CBA expands anti-scam technologies nationwide in Australia
Mon, 30th Oct 2023
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email security
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cybersecurity
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scams
Commonwealth Bank of Australia is taking a bold step in the fight against scams with innovative technologies in a partnership with Quantium Telstra.
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Paystrax selects VikingCloud’s solution to mitigate fraud
Thu, 20th Jul 2023
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martech
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commerce systems
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risk & compliance
VikingCloud’s web risk monitoring solution partnership with Paystrax will ensure compliance with local laws, regulations, and card brand requirements.