CFOtech Canada - Technology news for CFOs & financial decision-makers

Credit card fraud stories

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Equifax Canada warns of 31% rise in first-party fraud

Last week
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risk & compliance
Equifax Canada flags 31% jump in first-party fraud as credit cards and banking see more applicants overstating income and finances.
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Marqeta adds AI risk score to tackle payment fraud

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Marqeta has embedded an AI-driven risk score into its Real-Time Decisioning tool, aiming to curb payment fraud and reduce false declines.
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Fake Olympics shop ads on Meta target fans' wallets

Wed, 18th Feb 2026
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phishing
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martech
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physical security
Fake Olympics shop ads on Meta push fans to cloned sites mimicking Milano Cortina 2026 store to steal card and personal details.
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UK online shopping scams soar 416% amid ad fraud surge

Wed, 21st Jan 2026
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mdm
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phishing
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advanced persistent threat protection
Online shopping scams in the UK jumped 416% in late 2025 as malvertising, social media fake shops and deepfake frauds surged, Gen warns.
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BioCatch warns AI agents will supercharge online fraud

Fri, 16th Jan 2026
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biometrics
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martech
BioCatch warns AI shopping agents will turbocharge online fraud, urging banks and retailers to distinguish helpful bots from criminal misuse.
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Cyber Monday shoppers urged to safeguard data amid online scams

Fri, 21st Nov 2025
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malware
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data protection
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vpns
Cyber Monday shoppers are urged to protect their data from scams like fake sites, phishing emails and insecure payments during the online shopping surge.
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Trojan banker attacks on Android rise 196% in 2024

Thu, 6th Mar 2025
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endpoint protection
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phishing
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advanced persistent threat protection
Kaspersky's latest report reveals a staggering 196% spike in smartphone malware attacks in 2024, with Trojan banker incidents tripling compared to last year.
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Healthcare tops data breach incidents in 2024, surpassing finance

Fri, 21st Feb 2025
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ransomware
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physical security
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breach prevention
Kroll's latest report reveals the healthcare sector was the most targeted by data breaches in 2024, accounting for 23% of all incidents, surpassing finance.
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Cybercriminals target shoppers with 38 million phishing scams

Mon, 25th Nov 2024
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malware
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advanced persistent threat protection
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email security
Cybercriminals launched over 38 million phishing attacks in 2024, with a 25% rise in threats targeting online retailers amid Black Friday sales.