Identity Theft stories - Page 3

Growing sophistication of cybercriminal identities threatens Australian enterprises, as only over one-third implement multi-factor authentication, leaving them vulnerable to AI-driven attacks, reports Ping Identity.

Equifax and Norton unite to fortify identity safety for Australians, integrating Norton’s identity monitoring into Equifax's subscriptions, addressing rising fears of identity theft.

The surge in demand for secure identification boosts the market valuation of biometrics technology, set to rise from USD $50.3bn in 2023 to USD $173.7bn by 2032, according to DataHorizzon Research.

Malwarebytes has launched a free Digital Footprint Portal offering a detailed analysis of sources including the dark web.

Singaporeans prioritise simple, secure online experiences, with 73% considering a brand switch for passwordless logins, reveals a survey by Ping Identity.

FICO's study reveals prolonged fears of identity theft among Indonesians, as 36% remain anxious, heightening vulnerabilities to financial loss and credit damage amid growing risks from real-time payments.

Taiwanese retail giant, Heng Leong Hang, enhances cyber defence with the integration of CyberArk's Identity Security Platform into its cyber security strategy to protect core systems and customer data.

London startup, Mindgard, launches a new tool providing extensive cybersecurity for businesses utilising AI, mitigating reputational and financial risks.

Cybercriminals are increasingly targeting online accounts in identity theft surge, with ATO fraud attacks increasing by over 350% in 2023, finds digital fraud management firm, Sift.

SEON's 'Fraud Trends 2024' report warns of growing fraud challenges for businesses, citing AI advancements, Fraud-as-a-Service, and economic pressures as key factors.

Jersey Telecom’s acquisition of Australian tech company Spectrum bolsters the fight against online payment fraud, reinforcing security on a global scale.

RSM Australia warns that identity and cyber fraud pose significant threats to the healthcare sector, with criminals exploiting complex funding sources and billing systems.

Ransomware and phishing top cybersecurity concerns in Singapore, says Fortinet study. Increased remote working amplifies insider threats, with insufficient resource allocation also noted as a major hurdle.

As Southeast Asia's digital economy rapidly reaches $100bn, it is attracting cyber criminals, with 28% of businesses observing an increase in threats alongside their digital expansion.

Appdome's 2023 Global Consumer Expectations survey shows an 82.4% of users advocating for proactive mobile fraud prevention.

Fraudulent agents and fake hotel websites pose heightened cyber threats for Australians during summer holiday planning, Norton survey reveals.

CyberArk adds passkey support to its Identity 23.11 release, enhancing passwordless authentication capabilities.

Ping Identity survey reveals changing dynamics of brand loyalty in the digital era, with consumers prioritising ease of use and security.

RSM Australia outlines top 5 cybersecurity tips for risk management execs to enhance business security measures.

Gen Z and millennials, the digital era's major users, are most at risk of falling prey to cybercrimes, a study suggests.