fraud

Fraud is intentional deception to secure unfair or unlawful gain, or to deprive a victim of a legal right. Fraud can violate civil law, a criminal law, or it may cause no loss of money, property or legal right but still be an element of another civil or criminal wrong.

AI Collapses Exploit Window in Crypto Wallet Hack

AI Collapses Exploit Window in Crypto Wallet Hack
AI Collapses Exploit Window in Crypto Wallet Hack
August 03, 2026  |  Cybersecurity

Bitcoin hardware wallets were supposed to protect digital assets without the need for users to trust an exchange, bank or other intermediary. When a hardware...

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Visa Buys BioCatch for $2.4B to Detect Scams Before Money Moves
Visa Buys BioCatch for $2.4B to Detect Scams Before Money Moves
August 03, 2026  |  Acquiring

Visa is set to acquire Israel-based fraud intelligence company BioCatch for $2.4 billion. The all-cash deal, announced Monday (Aug. 3) aims to complement Visa’s cyber,...

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Retailers Report 69% Increase in Phone Scams as Shoplifting Dips
Retailers Report 69% Increase in Phone Scams as Shoplifting Dips
August 02, 2026  |  Fraud Prevention

Efforts by American retailers to prevent shoplifting appear to be paying off. That’s according to new research from the National Retail Federation (NRF), which finds...

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AI Gives Cybersecurity a Backlog CFOs and CISOs Can’t Patch Away
AI Gives Cybersecurity a Backlog CFOs and CISOs Can’t Patch Away
July 31, 2026  |  Cybersecurity

Artificial intelligence is making software vulnerabilities easier to find. That’s not necessarily making companies safer. AI-powered security systems can analyze enormous codebases, identify previously unknown...

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Entersekt Promotes Operations Chief Clare Conway to CEO
Entersekt Promotes Operations Chief Clare Conway to CEO
July 30, 2026  |  Personnel

Fraud prevention and payments security company Entersekt has named a new CEO. Clare Conway, who has served as the firm’s chief operating officer for the last 18...

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State AGs Expand AI Enforcement Using Traditional Consumer Protection Laws
State AGs Expand AI Enforcement Using Traditional Consumer Protection Laws
July 30, 2026  |  Artificial Intelligence

State attorneys general are relying on long-standing consumer protection, licensing, privacy and advertising laws in lieu of new artificial intelligence-specific statutes to police AI products...

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Debit Data Shows Which Banks Get Everyday Payments Right
Debit Data Shows Which Banks Get Everyday Payments Right
July 30, 2026  |  Next-Gen Debit

Watch more: Need to Know With Justin Monk of FIS Debit cards are used several times a day without attracting much attention until the moment...

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WEX Deploys AI to Stop Fleet Fuel Fraud Before It Happens
WEX Deploys AI to Stop Fleet Fuel Fraud Before It Happens
July 29, 2026  |  Fraud Prevention

WEX will soon expand the capabilities of its WEXOnline platform for commercial fleets to include identifying and stopping potentially unauthorized fuel purchases before they are...

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