Global online payment fraud is predicted to cause losses exceeding US$200 billion over the next five years, driven by the increased sophistication of fraud attempts and the rising number of attack vectors.
Australia’s telecommunications regulator ACMA is stepping up its crackdown on scams perpetrated over mobile phone networks with plans to introduce new rules to prevent mobile number porting fraud.
Australia’s online retailers are susceptible to cybercriminals spoofing their brand identity and increasing the risk of email fraud for customers, according to a new report.
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