CMOtech UK - Technology news for CMOs & marketing decision-makers
United Kingdom

Fraud Stories - Page 3

UK Stories

Fraud stories

Holiday refunds surge, squeezing global retail margins
Data Analytics

Holiday refunds surge, squeezing global retail margins

Holiday refunds jumped 18.1% in 2025, with each USD $1 million in refunds costing retailers about USD $1.3 million once overheads are included.

By Shannon Williams • 4 min read • Wed, 4th Feb 2026

Global Stories

Fraud stories

Autonomous AI 'agentic customers' set to reshape banks
Data Protection

Autonomous AI 'agentic customers' set to reshape banks

Autonomous AI 'agentic customers' will upend banking, FICO warns, reshaping pricing, risk and customer ties as USD $3tn value beckons.

By Sofiah Nichole Salivio • 4 min read • Fri, 6th Mar 2026
Retailers face USD $796bn in losses from returns, shrink
Data Analytics

Retailers face USD $796bn in losses from returns, shrink

Retailers risk USD $796bn in losses from returns and shrink in 2025, with omnichannel gaps fuelling preventable fraud and abuse.

By Joseph Gabriel Lagonsin • 4 min read • Sat, 21st Feb 2026
KnowBe4 appoints Kelly Morgan as Chief Customer Officer
Cloud Security

KnowBe4 appoints Kelly Morgan as Chief Customer Officer

KnowBe4 appoints former DocuSign executive Kelly Morgan as chief customer officer to steer global client strategy amid rising AI security risks.

By Joseph Gabriel Lagonsin • 3 min read • Fri, 20th Feb 2026
Internal auditors fear AI fraud but lack readiness
Data Analytics

Internal auditors fear AI fraud but lack readiness

Internal auditors warn AI-driven fraud is surging, but most concede they lack the tools, skills and time needed to spot it effectively.

By Karen Joy Bacudo • 4 min read • Thu, 19th Feb 2026
AI romance scams surge on UK dating apps, says study
Malware

AI romance scams surge on UK dating apps, says study

AI-driven romance scams are rife on UK dating apps, with one in five users meeting fake profiles and 11% losing money, new research warns.

By Sofiah Nichole Salivio • 4 min read • Sat, 14th Feb 2026
BADIIS malware hijacks IIS servers for covert SEO fraud
Malware

BADIIS malware hijacks IIS servers for covert SEO fraud

BADIIS malware is hijacking over 1,800 IIS servers worldwide, quietly boosting illicit gambling and crypto phishing sites via poisoned SEO.

By Sean Mitchell • 4 min read • Fri, 13th Feb 2026
FDATA appoints Kat Cloud to strengthen open finance security
Fintech

FDATA appoints Kat Cloud to strengthen open finance security

FDATA names Sumsub policy lead Kat Cloud to its board, signalling a sharper focus on identity, fraud and security in North American open finance.

By Sofiah Nichole Salivio • 4 min read • Thu, 12th Feb 2026
Fico outlines four AI trends reshaping banking by 2026
Data Analytics

Fico outlines four AI trends reshaping banking by 2026

Fico says by 2026 banking AI will be standard infrastructure, heightening fraud risks and putting CIOs and human cyber oversight centre stage.

By Sofiah Nichole Salivio • 5 min read • Fri, 6th Feb 2026
Ransomware gangs step up insider recruitment, says NCC
Data Protection

Ransomware gangs step up insider recruitment, says NCC

Ransomware gangs are stepping up efforts to recruit insiders, warns NCC Group, as December 2025 attacks jump 13% to 784 globally.

By Mark Tarre • 4 min read • Fri, 30th Jan 2026
AI crime matures as jailbreak, malware & deepfakes grow
Malware

AI crime matures as jailbreak, malware & deepfakes grow

AI crime is shifting from experiments to a stable industry, with jailbreak services, adaptive malware and deepfake fraud becoming routine.

By Mark Tarre • 4 min read • Thu, 29th Jan 2026
APAC banks struggle with manual compliance amid AI push
Digital Transformation

APAC banks struggle with manual compliance amid AI push

APAC banks face heavy manual compliance workloads as poor data quality and legacy systems stall AI adoption, survey respondents warn.

By Shannon Williams • 4 min read • Thu, 29th Jan 2026

Stories from Other Regions

Fraud stories

AI-powered fraud threats surge for Australian firms
Digital Transformation

AI-powered fraud threats surge for Australian firms

Australian firms warn generative AI is fuelling unprecedented fraud losses, as most say their defences and tools can no longer keep pace.

By Shannon Williams • 4 min read • Thu, 26th Feb 2026
Canada boosts financial intelligence to fight extortion
Risk & Compliance

Canada boosts financial intelligence to fight extortion

Canada is boosting financial intelligence and policing ties to track money trails and crack down on organised-crime extortion schemes.

By Jake MacAndrew • 3 min read • Fri, 20th Feb 2026
CBA warns young Aussies of fake job and dating scam losses
Crypto

CBA warns young Aussies of fake job and dating scam losses

Young Australians lose over AUD $2.2 million as fake flexible job offers surge, with scammers recruiting money mules via texts and social media.

By Melania Watson • 3 min read • Fri, 13th Feb 2026
Humanix to pitch human-layer security at RSAC 2026
Data Protection

Humanix to pitch human-layer security at RSAC 2026

Humanix will pitch its human-layer security platform at RSAC 2026's Innovation Sandbox after landing a Top 10 finalist spot and USD $5 million.

By Kaleah Salmon • 4 min read • Fri, 13th Feb 2026
CIRO announces tiered crypto custody rules for dealers
DevOps

CIRO announces tiered crypto custody rules for dealers

Canada's investment watchdog has unveiled a tiered crypto custody regime, tying asset limits to custodians' capital, tech controls and oversight.

By Jake MacAndrew • 4 min read • Thu, 5th Feb 2026