IT Brief UK - Technology news for CIOs & IT decision-makers

Fraud prevention stories - Page 1

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E-invoicing could bring AUD $22.5 billion boost to Australia
Today
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digital transformation
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australian economy
Full adoption of e-invoicing could boost Australia's economy by AUD $22.5 billion annually through productivity gains, faster payments, and fraud reduction.
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World’s largest data breach exposes 16 billion credentials
Last week
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A massive data breach exposing 16 billion credentials from major firms and government services signals severe global digital security flaws.
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Sumsub unveils 'The Beast 2.0' to combat digital fraud in APAC
Last week
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digital transformation
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digital entertainment
Sumsub launches 'The Beast 2.0' to fight a 121% surge in digital identity fraud across APAC, promoting secure digital access and inclusion in fintech and crypto sectors.
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The delicate dance of user experience and security in the digital age
Last week
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data protection
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digital transformation
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biometrics
Businesses can harmonise user experience and cybersecurity through identity and access management, ensuring seamless yet secure digital interactions.
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Chain IQ breach exposes UBS, Pictet & others to cyber risks
Last week
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supply chain
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breach prevention
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risk & compliance
A cyberattack on Chain IQ has exposed sensitive data of UBS, Pictet and Implenia employees, spotlighting risks in third-party cybersecurity across sectors.
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AI deepfakes drive surge in cyberattacks, threatening trust online
Last week
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malware
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phishing
AI-driven deepfakes fuel a rise in cyberattacks, tricking users with fake ads and video calls, risking billions in financial losses worldwide.
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RCS messaging surges in UK as iOS support & AI drive growth
Last week
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RCS messaging in the UK has surged 65% in 2024, boosted by Apple iOS support and AI, as brands enhance customer engagement with richer, interactive chat tools.
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Major healthcare providers leave email systems open to phishing risk
Last week
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data protection
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phishing
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email security
Over a third of top global healthcare providers lack full email security, leaving systems vulnerable to phishing and risking patient safety and data breaches.
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Agentic AI market set to soar as firms drive automation growth
Last week
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martech
Agentic AI market set to grow from USD $7.28 billion in 2025 to over $41 billion by 2030, driving automation and transforming sectors from cybersecurity to customer service.
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Puma & Adyen unify payments to enhance Asia Pacific retail
Last week
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Puma has partnered with Adyen to unify payment systems across Asia Pacific stores and events, boosting efficiency and delivering a seamless customer experience.
Digital fingerprint overlaid on smartphone symbolizing secure identity verification
Sumsub adds advanced device intelligence to boost fraud defence
Last week
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advanced persistent threat protection
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Sumsub enhances fraud defence by integrating Fingerprint's device intelligence, offering real-time threat detection without complicating genuine user access.
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AI fraud detection & whistleblower system launched in Australasia
Last week
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data analytics
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risk & compliance
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ai
Report It Now and Accord Analytics have launched an AI-driven fraud detection and whistleblower system across Australasia to tackle rising fraud.
Realistic robotic hand holding credit card above digital shield for secure ai payments
AI Agents - The struggle to balance automation, oversight, & security
Last week
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Visa's plan to use AI agents for automatic payments sparks debate over security risks and whether consumers will trust machines handling their money.
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Why real estate services must embrace AI now
Last week
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data analytics
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digital transformation
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rpa
AI is revolutionising real estate by speeding up closings, enhancing fraud detection, and boosting efficiency, making the sector safer and more consumer-friendly.
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Experian & GBG expand partnership to boost fraud prevention
Last week
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data analytics
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physical security
Experian and GBG expand their partnership to offer advanced fraud prevention and identity verification across Australia and New Zealand for faster, safer onboarding.
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AU10TIX unveils AnyDoc AI tool to combat document fraud risk
This month
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risk & compliance
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ai
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aml
AU10TIX launches AnyDoc Authentication, an AI-powered tool detecting fraud in non-ID documents with 99.99% accuracy, aiding sectors from finance to healthcare.
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SEON expands real-time AML suite with AI-driven risk platform
This month
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risk & compliance
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SEON launches AI-powered real-time AML suite, unifying fraud and compliance tools to enhance risk detection and streamline regulatory reporting.
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Orchestrating Identity appoints David Rennie as Chief Trust Officer
This month
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biometrics
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behavioural biometrics
Orchestrating Identity names David Rennie as Chief Trust Officer to lead digital trust and compliance for businesses amid rising regulatory demands in the UK.
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UK & European finance teams accelerate automation to combat fraud
This month
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api
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UK and European finance teams boost automation adoption, with 81% increasing use to combat fraud and ease regulatory burdens, says survey.
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Ecommpay guide helps merchants navigate global eCommerce
This month
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martech
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partner programmes
Ecommpay has launched a guide offering merchants practical strategies to navigate global eCommerce growth and tackle challenges in international payments.