by admin | Mar 8, 2018 | News & Analysis
Recent data from the Australian Payments Network has revealed that over 80% of Australia’s card fraud results from CNP (Card Not Present) transactions. In an initiative to combat such fraud, the Australian Payments Network is looking into measures such as multi-factor...
by admin | Mar 8, 2018 | News & Analysis
The Australian Federal Police are currently investigating two individuals who are believed to be linked to an operation that involved using the Bureau of Meteorology’s computers to ‘mine’ cryptocurrencies. Charges are yet to be laid, but the investigation continues....
by admin | Mar 7, 2018 | News & Analysis
ASIC is in the process of reviewing fraud surveillance and investigation techniques used by general insurance organisations. The watchdog is concerned with the risk of harm to consumers, which could result in inadequate outcomes. ...
by admin | Mar 7, 2018 | News & Analysis
Following suit from Facebook, who recently banned advertisements on the platform for ICOs, Twitter has become the latest social networking platform seeking to combat cryptocurrency fraud. Steps taken include tighter controls on fraudulent accounts and post history....
by admin | Mar 6, 2018 | News & Analysis
Canberra resident Crystal-Lee Lancaster allegedly used online dating platform Plenty of Fish to lure men, benefiting more than $200,000. She has been charged with 24 counts of obtaining property by deception, but will appear in court again later this month....
by admin | Mar 6, 2018 | News & Analysis
ASIC will now request insurers to provide more data and information about the use of surveillance. This comes amid concerns about the risk for financial inducements if surveillance results in a declined claim concerns in the highly unregulated private investigator...
