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AI technology is fueling a rise in online voice scams, with just three seconds of audio required to clone a person’s voice, according to McAfee. McAfee surveyed 7,054 people from seven countries and found that a quarter of adults had previously experie…
In the first quarter of 2023 there was a significant increase in cyberattacks exploiting trust in established tech brands Microsoft and Adobe, according to Avast. The Avast report also found a 40% rise in the share of phishing and smishing attacks over…
TSB says 80% of cases in its main fraud categories come from scams on Meta platforms including InstagramMeta has been urged to take action to protect customers from fraud, after TSB said scams via the social media company’s platforms Facebook, WhatsApp…
New fraud strategy responding to web- and phone-based scams will result in recruitment of 400 new ‘specialist investigators’Ministers have announced a clampdown on the use of cold calls to sell financial products and on technology which allows mass tex…
Phishing scams are a growing threat, and cybercriminals’ methods are becoming increasingly sophisticated, making them harder to detect and block, according to Zscaler report. The report found that a majority of modern phishing attacks rely on stolen cr…
Fraudsters are taking advantage of the widening fraud knowledge gap, outlining the urgent need for banks to educate and protect their customers with technology, according to Feedzai. The report reveals that while 56% of respondents have been a victim o…
Huge increase in fraud accompanies record number of UK live entertainment tickets sold in 2022Concert ticket scams have soared by more than 500% over the last year, with those defrauded losing an average of £110, as criminals target fans of leading act…
Investment fraud amounts for biggest share at $1.5bn, followed by remote access and payment redirection rortsGet our morning and afternoon news emails, free app or daily news podcastAustralians lost a record amount of more than $3.1bn to scams in 2022,…
Cybercriminals have been leveraging social engineering techniques to impersonate the popular US-based digital payments network Zelle and steal money from unsuspecting victims, according to Avanan. The fake Zelle email (Source: Avanan) The phishing emai…
The illicit market for crypto giveaway scams has expanded, offering various services to facilitate fraudulent activity. The proliferation of fake crypto giveaways can be attributed to the increased availability of tools for scammers, even those with li…