News
Filipinos exaggerate loan applications, insurance claims
A consumer fraud survey exploring attitudes has revealed that almost half of Filipinos are willing to commit fraud to obtain a loan or file an insurance claim. Read more…
fraud
News
Fraudsters are scamming millions from Thai Android users
The Thai Bankers’ Association (TBA) says that fraudsters used an Android exploit to defraud victims out of over $14.4 million last year. And it’s getting worse. Read more…
News
FTX founder Bankman-Fried charged with fraud, for starters
US federal prosecutors allege FTX founder and former CEO Sam Bankman-Fried committed fraud and violated campaign finance laws. Additional charges may follow. Read more…
Features
Five emerging fraud types in APAC identified for 2023
2023 will be another year of frauds with emerging ‘new’ fraud vectors causing further erosion of digital trust in banks, telecoms, social media and e-commerce. Read more…
Views
NFTs have a future in the metaverse, but it’s still risky
NFTs transactions will keep rising in number over the next five years. But the market remains a risky proposition for anyone who wants to play. Read more…
News
ERAI says chip shortage produced record number of wire fraud cases
The chip shortage resulted in over 100 wire fraud cases last year reported by desperate buyers, says new ERAI report. Read more…
Features
Old-fashioned fraud was simple, today’s a very different story
Fraud is getting out of control and we need population-scale digital identity infrastructure to have even a chance of tackling it. Read more…
Features
Ten trends that will shape the fraud landscape in 2022
Many organizations face an upward battle when detecting and preventing fraud. Here are ten trends that will shape the fraud landscape in 2022. Read more…
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Gen Z has rumbled fake e-commerce websites – here’s how to rebuild trust
Gen Z, the digital native, has rumbled fake ecommerce websites and with the avalanche of scams around, there are still things you can do. Read more…
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The flaw in our fraud detection strategy – the wrong people know about it
Billions of dollars are spent on fraud detection and prevention. And apart from the brutal fact that we are one step behind, there is a flaw. Read more…
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Security is in the spotlight – but there is a real twist at the global level
Security is in the spotlight at the moment, for several reasons. Some stories we read about daily, some we read about. Then read again. Read more…
News
Ten hackers arrested for string of SIM-swapping attacks against celebrities
Criminals have been arrested after an international investigation into a series of SIM-swapping attacks targeting high-profile victims in US. Read more…
News
China to push tech giants to share consumer loan data to prevent fraud
China plans to push tech giants including Ant Group, Tencent and JD.com to share consumer loan data to prevent excess borrowing and fraud. Read more…
Views
The technology to fight fraud is awesome – why aren’t we using it?
The technology to fight fraud has reached a stage that is almost science fiction. From IMSI catchers, to Bluetooth catchers and WiFi catchers. Read more…
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If PayPal and Facebook allow fraud to occur are they party to that fraud?
If you buy from a Facebook ad, use PayPal for payment and a fraud results don’t expect Facebook or PayPal to come to your assistance. Read more…
Views
The humble gift card is actually just another attack vector
The gift card. The perfect choice of gift in many ways. You buy a few, you send them to loved ones, they choose the gift. You get scammed. Read more…
Features
Gift cards are popular with consumers, but more popular with fraudsters
Merchants are filled with dread when they consider gift cards, extremely popular with consumers, but also a primary target of fraudsters. Read more…
News
Wirecard’s former CEO Braun arrested in hunt for lost billions
Wirecard’s former boss has been arrested on suspicion of falsifying accounts, after the payments firm disclosed $2.1 billion financial hole. Read more…
Features
Fraud and cybercrime – increasingly borderless on a global scale
New report findings crystalize how fraud and cybercrime have become ncreasingly borderless on a global scale. Read more…
Views
Fraud is the fastest growing business on earth – no joke
With all the fraud statistics that flood in from PR companies you should unplug every device you own and/or think about a new career in fraud prevention. Read more…