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Cyber fraud Stories

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Cyber fraud stories

Bank of Maharashtra launches cybersecurity hackathon
Data Analytics

Bank of Maharashtra launches cybersecurity hackathon

Students and dropouts will pitch banking security ideas for a prize pool of more than INR ₹10 lakh as digital fraud risks mount.

By Mark Tarre • 3 min read • Mon, 13th Jul 2026

Global Stories

Cyber fraud stories

DigiCert named leader in Frost trust ecosystem radar
Digital Transformation

DigiCert named leader in Frost trust ecosystem radar

Demand is rising for auditable identity checks and document integrity as AI-generated content and tighter rules reshape online trust.

By Joseph Gabriel Lagonsin • 3 min read • Last month
Autonomous AI agents could drive 90% of fraud by 2028
Phishing

Autonomous AI agents could drive 90% of fraud by 2028

Scam losses are rising faster than human fraudsters alone can explain, with AI-enabled cases in the US already topping USD $900 million.

By Sean Mitchell • 4 min read • Last month
ABBYY document forensics tackles AI-generated fraud for fintechs
Digital Transformation

ABBYY document forensics tackles AI-generated fraud for fintechs

Fintech lenders and banks face rising losses as AI-generated statements and identity files slip into automated onboarding before manual checks.

By Mark Tarre • 4 min read • Last month
Fintech leaders urge unified payments push as AI grows
Data Analytics

Fintech leaders urge unified payments push as AI grows

Faster instant payments and AI-led commerce are exposing fraud and infrastructure gaps, forcing banks and merchants to bolster resilience.

By Karen Joy Bacudo • 5 min read • Wed, 29th Jul 2026
Police train on crypto scam compounds in Asia-Pacific
Crypto

Police train on crypto scam compounds in Asia-Pacific

Police across 11 Asia-Pacific countries are being trained to trace crypto flows faster as scam compounds adapt and cross-border fraud grows.

By Karen Joy Bacudo • 4 min read • Mon, 20th Jul 2026
AI day prompts focus on data, fraud & infrastructure
Data Protection

AI day prompts focus on data, fraud & infrastructure

Boards are being urged to fix data quality, fraud controls and infrastructure before AI adoption numbers start to matter.

By Sean Mitchell • 4 min read • Thu, 16th Jul 2026
The Yahoo Boys: From prince inheritance emails to dating site scams
Open source

The Yahoo Boys: From prince inheritance emails to dating site scams

F-Secure's Laura Kankaala explains how the Yahoo Boys scam culture has evolved from advance-fee emails into sextortion and romance fraud.

By Jake MacAndrew • 4 min read • Tue, 14th Jul 2026
Incode launches on-device age checks for platforms
Data Protection

Incode launches on-device age checks for platforms

Platforms under pressure to protect minors can now verify users while keeping facial data on the device, after Incode's new tool debuted.

By Sofiah Nichole Salivio • 4 min read • Mon, 13th Jul 2026
Summer holidays leave firms more exposed to cyber fraud
Network Security

Summer holidays leave firms more exposed to cyber fraud

Reduced staffing and delegated approvals during annual leave are giving fraudsters more chances to slip through corporate checks, Everywhen says.

By Joseph Gabriel Lagonsin • 4 min read • Wed, 8th Jul 2026

Stories from Other Regions

Cyber fraud stories

PhishByte warns of rising BEC scams hitting Australian firms
Crypto

PhishByte warns of rising BEC scams hitting Australian firms

Australian firms are being urged to tighten payment checks as email impersonation scams drive AUD $166.8 million in losses.

By Karen Joy Bacudo • 4 min read • This month
AI fraud fears rise as payment scams hit finance teams
Digital Transformation

AI fraud fears rise as payment scams hit finance teams

Finance teams are losing money to payment scams as generative AI makes fake invoices, emails and voice requests harder to spot.

By Joseph Gabriel Lagonsin • 3 min read • Last month
Businesses urged to use 159 to fight payment fraud
Phishing

Businesses urged to use 159 to fight payment fraud

Businesses risk sharper losses from phone scams unless staff know to verify suspicious calls using 159, as UK payment fraud hit GBP £1.28 billion.

By Joseph Gabriel Lagonsin • 5 min read • Last month
Ireland adults lose GBP £760 million to scam texts
Phishing

Ireland adults lose GBP £760 million to scam texts

Nearly every adult in Ireland was targeted by scam texts or phishing attempts last year, with more than one in five paying out and losing money.

By Sofiah Nichole Salivio • 4 min read • Last month
VanishID launches AI tool to cut identity attack risk
Phishing

VanishID launches AI tool to cut identity attack risk

Businesses are being warned that publicly exposed staff data can now fuel phishing and deepfake fraud without breaching internal systems.

By Sean Mitchell • 5 min read • Last month
Australia urged to bolster digital finance & fraud defences
Digital Transformation

Australia urged to bolster digital finance & fraud defences

Rising online fraud and a 2027 digital assets regime are pushing banks and fintechs to upgrade infrastructure as adoption accelerates.

By Mark Tarre • 4 min read • Last month
Carousell reaches EBITDA profit as it bets on reCommerce
Artificial Intelligence

Carousell reaches EBITDA profit as it bets on reCommerce

EBITDA profitability gives Carousell room to expand secondhand services and AI tools, after revenue rose 18% to USD $140 million last year.

By Mark Tarre • 5 min read • Tue, 7th Jul 2026