Email fraud attacks continue to grow dramatically, with the number of attacks against targeted companies increasing 226% between Q3 2018 and Q4 2018, and a whopping 476% when comparing Q4 2017 and Q4 2018, according to a new global security threat report.

Published in Security

Australian consumers are reporting having their bank accounts drained by fraudsters and their email inboxes accessed in the latest scam involving theft of mobile numbers, according to the newly published report on fraud from the Telecommunications Industry Ombudsman.

Published in Market

Michel van Aalten, Adyen country manager ANZ

According to the Australian Payments Network, payment fraud on Australian credit cards hit $476 million in 2017, surging from $218.1 million in 2016. As of 2018, online card fraud now accounts for 85 per cent of all card fraud in Australia.

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