Organised Crime stories

New Zealand faces NZD $1.6bn in scam losses; criminologist urges tougher regulation on social media and telco firms to curb cybercrime syndicates.

Research links Asian iGaming firm BBIN and Vault Viper to extensive cyber-enabled fraud and organised crime across Southeast Asia and beyond.

Canada unveils its first National Anti-Fraud Strategy and a Financial Crimes Agency to tackle rising fraud losses, which hit CAD $643 million in 2024.

Global scam attempts have surged 65% over the past year, with smishing rising tenfold as banks worldwide battle increasing fraud risks.

Kering has revealed a data breach exposing details and spending info of 7.4 million customers of Gucci, Balenciaga, and Alexander McQueen.

US money laundering cases rose 168% in H1 2025, with scams costing Americans USD $6.5 billion amid rising AI-driven fraud and stablecoin use.

CI-ISAC Australia has joined Google's Priority Flagger Program to speed up detection and removal of online scams threatening critical infrastructure sectors.

Cyber scams and payment fraud are surging in Australian real estate, prompting experts to push for digital identity solutions to boost security and cut risks.

UK banks face rising fraud losses up to GBP £40 million as criminals outpace detection despite growing use of behaviour-based analytics and increased tech spending.

Cloudflare blocked 108.9 billion cyberattacks in a year, a 241% rise, targeting journalists and human rights groups via Project Galileo’s global defence initiative.

HMRC has lost GBP £47 million in a phishing scam affecting 100,000 taxpayers, exposing vulnerabilities in government cybersecurity protocols.

Cybersecurity expert Louise Hanna warns Australian organisations lack education and proactive strategies, urging caution amid AI hype and supply chain risks.

BioCatch and The Knoble have launched a toolkit to help banks quantify losses and build a business case for stronger authorised push payment scam prevention.

UK security experts warn of underestimating state-sponsored cyber threats, stressing the need for robust training and information governance frameworks.

Over a third of US critical infrastructure entities have illegally paid ransoms, facing grave legal and financial fallout, Bridewell study finds.

The pandemic-associated rejection of cash is seen as accelerating the switch to a cashless economy, despite some resistance and concern over security.

DataStax unveils 2024 AI predictions highlighting an imminent dominance of generative AI, increased regulation, risks of dark AI, resilience of AI companies proficient in governance, and transformative impacts on the SMB sector.

AppOmni experts predict perilous 2024: AI misuse, chronic mega breaches, and new cyber weaponry loom large.

As cyber threats intensify, passkeys are replacing passwords as the prime defence against phishing attacks, says Yubico.

The UK's National Crime Agency has reported organised criminals have exploited technology to make it the number one security threat.