TechDay Australia - Australia's technology news network

Fraud Stories

Australian Stories

Fraud stories

Australians still trust physical mail over digital
Customer Experience

Australians still trust physical mail over digital

Digital fatigue and scam fears are helping keep posted letters credible, with 78% wanting important government messages by mail.

By Joseph Gabriel Lagonsin • 4 min read • Last month

Global Stories

Fraud stories

World Cup fraud shifts to verified accounts & withdrawals
Gaming

World Cup fraud shifts to verified accounts & withdrawals

Operators faced a 38% rise in suspicious withdrawals as World Cup fraud shifted from sign-ups to verified accounts, SEON said.

By Sean Mitchell • 4 min read • Last week
Bybit sues North Korea over USD $1.5 billion theft
Blockchain

Bybit sues North Korea over USD $1.5 billion theft

A US court has frozen alleged proceeds from the hack as the exchange seeks to recover only a fraction of the missing crypto.

By Joseph Gabriel Lagonsin • 4 min read • This month
Many ANZ ransomware victims still pay, study finds
Malware

Many ANZ ransomware victims still pay, study finds

More than a third of ransom-paying organisations in Australia and New Zealand still failed to restore systems cleanly, a survey found.

By Mark Tarre • 3 min read • This month
Asia Pacific's next chapter of digital growth will be defined by trust, resilience and sovereignty
Data Protection

Asia Pacific's next chapter of digital growth will be defined by trust, resilience and sovereignty

Regional mobile services generated USD $1 trillion in economic value in 2025, but growth now hinges on AI, trust, resilience and sovereignty.

By Julian Gorman • 6 min read • This month
SAS Innovate: New era of scams requires novel solutions
Fintech

SAS Innovate: New era of scams requires novel solutions

Australians are losing billions as AI-driven fraud pushes banks, telcos and platforms to share scam data faster and stop payments earlier.

By David Shilovsky • 5 min read • This month
CFOs lack data trust, stalling AI adoption in finance
Customer Relationship Management

CFOs lack data trust, stalling AI adoption in finance

Most finance chiefs still lack a clear AI plan as poor data quality and governance delay automation across North American finance teams.

By Karen Joy Bacudo • 6 min read • This month
PRLab scores 100 media placements for Gr4vy campaign
Software-as-a-Service

PRLab scores 100 media placements for Gr4vy campaign

The 12-month campaign generated more than 100 earned placements and about 402 million impressions, helping Gr4vy stay visible between announcements.

By Karen Joy Bacudo • 3 min read • This month
Doppel honeypot spots Japanese phishing on day one
Data centers

Doppel honeypot spots Japanese phishing on day one

Thousands of hostile emails exposed a gap in global threat intelligence, with Japanese phishing attempts landing on Doppel's honeypot on day one.

By Mark Tarre • 4 min read • Last month
Security leaders warn as AI bot traffic overtakes humans
Robotics

Security leaders warn as AI bot traffic overtakes humans

Automated requests now make up most web traffic, raising costs for sites and sharpening fears over AI-driven fraud and phishing.

By Sean Mitchell • 4 min read • Last month
Fintech leaders urge unified payments push as AI grows
Data Analytics

Fintech leaders urge unified payments push as AI grows

Faster instant payments and AI-led commerce are exposing fraud and infrastructure gaps, forcing banks and merchants to bolster resilience.

By Karen Joy Bacudo • 5 min read • Last month
Attackers exploit trusted credentials in email fraud surge
Software-as-a-Service

Attackers exploit trusted credentials in email fraud surge

Email fraud is now the top incident type, accounting for 45% of cases as attackers bypass multi-factor authentication with stolen credentials.

By Mark Tarre • 4 min read • Last month

Stories from Other Regions

Fraud stories

Ecommpay warns UK fraud review ignores platform liability
Fintech

Ecommpay warns UK fraud review ignores platform liability

Losses still ran to GBP £703.4 million as Ecommpay said ministers must widen the fraud review to cover platform liability and SIM-swap crime.

By Karen Joy Bacudo • 4 min read • This month
The new architecture of money: Stablecoins, AI and Europe's payments future
Crypto

The new architecture of money: Stablecoins, AI and Europe's payments future

Faster transfers are exposing a gap in Europe's payments systems, where firms still struggle to link money movement with data, controls and accountability.

By Murthy Maddali • 5 min read • This month
New Zealand lenders adopt AI amid data readiness gap
Data Protection

New Zealand lenders adopt AI amid data readiness gap

Most lenders still lack the data quality and governance needed to trust AI, even as 76% use it for credit and fraud decisions.

By Sean Mitchell • 4 min read • This month
World Fintech Day spotlights trusted data in India and EMEA
Data Protection

World Fintech Day spotlights trusted data in India and EMEA

Growth in India and the Gulf is exposing weak customer data, with inaccurate records slowing onboarding, payments and fraud checks.

By Bobby Joseph • 5 min read • This month
VinciWorks launches AI compliance training for lawyers
Data Protection

VinciWorks launches AI compliance training for lawyers

Legal firms will now get deeper evidence of staff judgement under pressure, as VinciWorks rolls out AI courses on bribery, data and tax risks.

By Mark Tarre • 4 min read • Last month