online fraud

Stripe's global study on online fraud reveals interesting findings
Report finds that fraudsters generally prefer to strike when no one is looking Businesses need to remain more vigilant and observant of transactions that occur outside of normal business hours
Warning about financial cyberthreats in APAC
According to Consumer Security Risks Survey 2016, 67% of respondents in APAC countries are worried about online banking fraud. Average money lost to fraud is above US$400.  
Asia’s top Internet scams, and how to stay safe
A Telenor study showed that the top three Internet scams in Asia are: 1) ‘Work from home’ fraud; 2) Internet auction scams; and 3) Fake bank email scams.
Asia’s mobile-first boom changing fraud patterns: Fico
Asia’s boom in mobile-first consumers is creating a growing target for online fraud and cybersecurity attacks, according to analytics software company Fico.
CSM rolls out MyTrustSEAL to reduce online fraud
CyberSecurity Malaysia (CSM) has launched MyTrustSEAL, a service that involves auditing and validating e-commerce websites and entities to provide Internet users a way of identifying e-businesses that are legitimate and will deliver as promised.
Security concerns holding back online payment services: Kaspersky Lab
According to a survey conducted by Kaspersky Lab and B2B International, 49% of Internet users worldwide felt vulnerable while shopping online or making online transactions, and 42% of users would utilise online payment systems more often if they felt they were protected from cyber fraud.
MasterCard and First Data to give APAC card customers more control
MasterCard and First Data Corporation have announced a strategic alliance to provide ‘MasterCard inControl’ for banking clients and customers in Asia Pacific.
Companies not protecting financial transactions: Kaspersky survey
According to a survey conducted by Kaspersky Lab and B2B International, only 52% of financial companies and 46% of firms engaged in e-commerce believe they need to take enhanced measures to protect financial transactions.
Love is a battlefield, beware honey traps: Kaspersky
The next time you’re online on the hunt for a significant other, be mindful that others are hunting you as well – fraudsters. 
E-commerce merchants getting ‘bashed’ in Malaysia
One thing Jamie Jackson is not short of is confidence. A candidate for the Australian Ernst & Young Entrepreneur of the Year award, Jackson, chairman of Apac Sale Group, an online discount retailer for premium fashion brands, expresses confidence that he will “win.”
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Digerati50 2020-2021

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