Online fraud stories - Page 8

Scams Awareness Week highlights a 26% drop in reported losses, but rising AI-driven cyber threats demand renewed vigilance from all Australians.

Australian businesses have lost AUD $2.03 billion to increasingly sophisticated AI-driven scams in 2024, signalling a growing threat to the economy.

Task scams have cost jobseekers millions, with Trend Micro warning of a surge in frauds using fake jobs to trick victims into losing thousands of dollars.

VexTrio, unmasked as a multinational ad-fraud empire with nearly 100 companies, runs scams worth billions across adtech and beyond.

CI-ISAC Australia has joined Google's Priority Flagger Program to speed up detection and removal of online scams threatening critical infrastructure sectors.

Research shows one third of online users in Australia and New Zealand fall victim to scams, often only realising after financial losses occur.

Norton has launched early access to AI-powered deepfake detection on mobile, helping users spot manipulated audio and video on Android and iOS devices.

hCaptcha reveals up to 95% of traffic on residential proxy networks fuels cybercrime, exposing flaws in current online security measures.

Netacea launches Talos, a cutting-edge detection engine using machine learning to tackle complex automated web threats across APIs, sites and apps.

Trend Micro and Google Cloud have expanded their alliance to enhance enterprise AI security and combat online scams across multi-cloud environments.

Bitdefender expands its Security for Creators to cover Facebook, Instagram and YouTube amid USD $1 trillion losses from rising online scams targeting digital creators.

Automated bots now comprise 59% of all visits to travel sites, disrupting bookings and inflating prices during peak holiday seasons, says Thales report.

PayPal has partnered with Ticketek to offer its buy now, pay later service, PayPal Pay in 4, as a flexible payment option for event tickets in Australia.

Tracer AI launches Tracer Protect for ChatGPT, an AI tool to monitor and combat brand fraud and scams exploiting ChatGPT chatbot responses.

Cybercriminals are exploiting GenAI and Vercel's v0.dev to rapidly create realistic phishing sites, raising the threat of large-scale, sophisticated attacks.

Thousands of Kiwis are falling victim to evolving package delivery scams exploiting busy inboxes with fake DHL and NZ Post emails.

Cybercriminals are increasingly using AI to create sophisticated phishing and malware attacks, complicating detection and raising cybersecurity risks globally.

Vietnam-linked hackers have used fake AI ads on Facebook and LinkedIn to spread malware to millions globally, stealing sensitive data from users.

Social media and online forums have now surpassed email as the top platforms for retail scams in Australia, with losses exceeding AUD $2.5 million in 2024.

Facebook malvertising exploits images of stars like Elon Musk, promoting fake crypto brands to spread malware in Australia, New Zealand, and beyond.