Tag: Fraud
AI-enabled financial fraud detection spend to exceed $10 Billion by 2027
A new study from Juniper Research has found global business spend on AI-enabled financial fraud detection and prevention strategy platforms will exceed $10 billion globally in 2027; rising from just over $6.5 […]
Having money stolen biggest fear of online scams, claims report
People are increasingly worried about the financial risks of online scams as the cost of living crisis grows, according to a new social media poll run by cloud security company […]
Ofcom plans crackdown on fake number scams
UK phone companies will make it harder for fraudsters to use their networks for fake number scams, under a range of measures proposed by Ofcom today. Almost 45 million people were […]
5 ways the Covid-19 pandemic has shaped the tech sector
As the Prime Minister announces the roadmap out of lockdown, Brexit-plans roll on, and we await the Spring Budget from the Chancellor, we talk to Tom Chambers, Associate Director of […]
1 in 3 Europeans experienced identity theft in last two years
Identity theft is expanding rapidly, causing substantial financial loss to millions of people all around the world. This invisible crime is also widespread across the European countries, where a growing […]
Action Fraud warns Instagram users about ‘get rich quick’ schemes
Victims of bogus “get rich quick” schemes advertised on Instagram have reported losing a total of more than £3 million since October, Action Fraud warns. Between October 2018 and February […]
Twitter follows Facebook in adding 'https' security in battle against hackers
As fraudsters eye up social networks, the industry fights back. From now on, Twitter users will have the option to set the use of "https" as a default option for the micro-blogging site. Https, sitting at the beginning of…
Teen jailed after buying £484,000 of his own music from iTunes on stolen cards
A UK teen has been jailed after it was found he had bought roughly £484,000 worth of his own music on iTunes and Amazon, using stolen credit cards. That'd be a fair amount in royalties, and if timed right, a…
Games consoles bring down Chinese crimelord
The gangster lifestyle makes for good videogame material (take your bow, Grand Theft Auto), but the criminal world and gaming dont appear to best friends when it comes to the real world. Take the case of Rai Kinzan, the 37…
Fraud on iTunes leads to app developer ban
If you're into buying ebooks on the App Store to read on your Apple gadgets, you may well have noticed that developer Thuat Nguyen has held 42 of the top 50 book app positions on the platform for some time….
