Latest cybersecurity reporting from selected sources.

Apate.ai CEO Dali Kaafar on Turning the Tables on Fraudsters With AI-Powered BotsMajor banks in Australia are now using bots to foil scammers. The bots are designed to pose as potential victims, extract real-time intelligence and waste scammers' resources. The data is then pushed directly into fraud detection systems used by banks, telecom providers and government agencies.

Apate.ai CEO Dali Kaafar on Turning the Tables on Fraudsters With AI-Powered BotsMajor banks in Australia are now using bots to foil scammers. The bots are designed to pose as potential victims, extract real-time intelligence and waste scammers' resources. The data is then pushed directly into fraud detection systems used by banks, telecom providers and government agencies.

Experts Say Consumers Gain Little as Implementation Challenges Loom for FrameworkAustralia's new scams framework bill sets the foundation for industry action but leaves consumers with limited protections. Experts warn that enforcement and reimbursement mechanisms are unclear, forcing victims to navigate a complex system with little guarantee of compensation.

Banks Shift Blame to Social Media, Telecoms While Scam Victims Pay the PriceIf you're the victim of a scam in Australia, the chances of being reimbursed for your stolen funds are low. In fact, the AFCA ruled in favor of full reimbursement for victims in only 4.8% of its cases in 2024, highlighting the difficulty consumers face in disputing fraud-related losses with banks.

Banks Shift Blame to Social Media, Telecoms While Scam Victims Pay the PriceIf you're the victim of a scam in Australia, the chances of being reimbursed for your stolen funds are low. In fact, the Australian Financial Complaints Authority ruled in favor of full reimbursement for victims in only 4.8% of its cases last year, highlighting the difficulty consumers face when disputing fraud-related losses with their banks.

New Law Calls for Better Reporting, Securing Devices and Critical InfrastructureThe Australian government's proposed cybersecurity legislation passed both houses of the Parliament on Monday, formalizing the government's strategy to boost ransomware payment reporting, mandate basic cybersecurity standards for connected devices and enhance critical infrastructure security.

3 Countries Taking Different Approaches to Accountability and Victim CompensationGovernments globally are intensifying anti-scam measures, introducing new guidelines to banks, telecom providers and other key sectors to bolster security controls and mitigate fraud risks for consumers and businesses. Some new frameworks threaten to levy stiff penalties for non-compliance.

Cyber Bill Says the Government Can't Use Information to Prosecute VictimsRansom payments are typically tightly held secrets between cybercriminals and their victims, but the Australian government has introduced a cybersecurity bill in Parliament that would require require larger businesses to report ransom payments to the government.