TechDay Australia - Australia's technology news network

Fraud stories

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How AI is Reshaping the Cyber Threat Landscape
Last week
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phishing
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advanced persistent threat protection
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email security
AI is transforming cyber threats into more complex attacks, with Canada facing rising risks amid a 47% surge in weekly cyber attacks in 2025.
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SEON expands APAC team as demand for fraud tech solutions rises
Last week
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fintech
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cx
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martech
SEON expands its Asia-Pacific team in response to growing demand for advanced fraud prevention and anti-money laundering solutions across the region.
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Australian digital video ads lead APAC in engagement, but risks remain
Last week
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edutech
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martech
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digital entertainment
Australia leads APAC with top digital video ad engagement but faces rising ad fraud and brand safety risks, says Integral Ad Science report.
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UK fintech hiring to surge 32% in 2025 amid compliance demand
Last week
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risk & compliance
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cybersecurity
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investment
UK fintech hiring is set to surge 32% in 2025, driven by rising demand for compliance, cybersecurity, and engineering roles amid regulatory shifts.
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SEO poisoning attack diverts wages using fake payroll websites
Last month
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firewalls
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it in manufacturing
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network security
Cyberattackers used SEO poisoning to mimic a payroll portal, stealing employee wages via mobile devices in a widespread manufacturing sector fraud uncovered by ReliaQuest.
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Cybercriminals industrialise attacks on hospitality sector, report finds
Last month
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ransomware
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digital transformation
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cybersecurity
Cybercriminals increasingly target Australia's hospitality sector, exploiting digital gaps with sophisticated attacks and dark web services, Trustwave warns.
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Legal Aid Agency cyber-attack exposes data of applicants
Last month
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data protection
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physical security
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breach prevention
The Legal Aid Agency faced a major cyber-attack exposing data of hundreds of thousands of applicants, raising serious concerns over sensitive personal information security.
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Scattered Spider hackers shift focus from UK to US retailers
Last month
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ransomware
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mfa
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phishing
Cybercriminal group Scattered Spider, known for targeting UK retailers, has shifted focus to major US retailers, raising fresh cybersecurity concerns.
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EU urges social media ad checks to tackle €4.3bn scam crisis
Last month
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social media
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fraud
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regulation
EU member states urge social media firms to verify advertisers to curb a EUR €4.3bn investment scam crisis sweeping across Europe.
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Survey finds trust, safety & security key for CX in 2025
Last month
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digital transformation
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cx
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martech
A global survey reveals enterprises plan to boost investment in trust, safety and security for customer experience amid rising compliance and fraud challenges.
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UK banks see spike in mobile fraud as scams shift from calls
Last month
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email security
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ai
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cybersecurity
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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Skyfire & Cequence partner to enable secure AI agent access
Mon, 28th Apr 2025
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risk & compliance
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ai
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payment technologies
Skyfire and Cequence Security partner to enable secure, compliant access and transactions for AI agents across digital services globally.
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Fraud against Australian businesses on the rise, report finds
Wed, 16th Apr 2025
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cx
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martech
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physical security
A recent report reveals that 61% of Australian businesses face rising fraud incidents, prompting a shift to AI-driven security solutions to combat these threats.
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ConnectID & Caresquare partner to combat NDIS fraud
Fri, 11th Apr 2025
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cloud services
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fraud
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funding
ConnectID has partnered with Caresquare to enhance identity verification in the NDIS, tackling fraud that costs AUD $2 billion annually.
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Endowus teams with Twilio to enhance platform security
Wed, 12th Mar 2025
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cybersecurity
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sms
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fraud
Endowus has teamed up with Twilio to enhance security on its digital wealth platform, addressing a surge in fraud cases with advanced verification measures.
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UK sees 63% rise in savings accounts used for fraud
Fri, 7th Mar 2025
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credit card fraud
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money laundering
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fraud
Reports indicate a staggering 63% rise in the misuse of savings accounts for fraud in the UK last year, outpacing a 12% increase in current accounts.
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Crisis communications in the AI era – Are you ready for the new robots, machines and engines?
Thu, 6th Mar 2025
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digital transformation
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cx
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martech
As AI revolutionises our lives, companies must prepare for its impact on crisis management, addressing risks and harnessing opportunities to protect their reputation.
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How finance teams can catch fraud early and increase audit efficiency
Thu, 6th Mar 2025
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risk & compliance
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genai
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ai
Finance teams are urged to enhance fraud detection and audit efficiency as businesses face increasing revenue losses and evolving tactics amidst economic pressures.
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Bad AI, good AI: harnessing AI for a stronger security posture
Mon, 3rd Mar 2025
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malware
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data protection
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cloud security
AI's dual impact on security is stark; while cybercriminals leverage its power to craft sophisticated attacks, security teams harness its potential to enhance threat detection.
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Insurance executives see opportunity in $1.8 trillion gap
Wed, 26th Feb 2025
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ai
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cybersecurity
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cleantech
A recent survey reveals that 79% of insurance executives feel a moral duty to address the USD $1.8 trillion global protection gap, viewing it as a key business opportunity.