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Cyber fraud Stories

UK Stories

Cyber fraud stories

Starling launches AI scam checker for five million
Data Protection

Starling launches AI scam checker for five million

Customers can now quiz Starling's app before sending money, as UK fraud losses climb and romance scams hit savers hardest.

By Karen Joy Bacudo • 4 min read • Thu, 25th Jun 2026

Global Stories

Cyber fraud stories

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 week
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 week
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 • Last month
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 • Last month
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 • Last month
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 • Last month
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 • Last month
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 • Last month
LexisNexis & Promon team up on mobile fraud defence
Gaming

LexisNexis & Promon team up on mobile fraud defence

Fraud teams will gain extra app-level signals as the firms combine mobile protection with identity intelligence to catch tampering and abuse.

By Sean Mitchell • 3 min read • Tue, 30th Jun 2026
Basware named Forrester AP invoice automation leader
Software-as-a-Service

Basware named Forrester AP invoice automation leader

The recognition underscores rising demand for invoice tools that can meet tighter e-invoicing rules, cut fraud risk and support AI oversight.

By Karen Joy Bacudo • 4 min read • Wed, 17th Jun 2026
Sports betting apps targeted by fraud, warns Approov
Gaming

Sports betting apps targeted by fraud, warns Approov

Major sporting events are giving fraudsters fresh ways to scrape data, hijack tokens and abuse APIs in genuine betting apps.

By Joseph Gabriel Lagonsin • 5 min read • Wed, 17th Jun 2026

Stories from Other Regions

Cyber fraud stories

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 week
BioCatch flags surge in SMS fraud targeting Indian banks
Multi-factor authentication

BioCatch flags surge in SMS fraud targeting Indian banks

Mobile-led fraud is forcing Indian banks to confront faster scams, bigger attempted transfers and a growing mule network.

By Mark Tarre • 4 min read • Last month
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 • 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 • Last month
Australian banks lag on strict DMARC email protection
Data Protection

Australian banks lag on strict DMARC email protection

Most customers still face avoidable phishing risk, as 59% of Australian banks lack the strict DMARC setting that blocks spoofed emails.

By Mark Tarre • 4 min read • Last month