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.

From Clorox to Casinos to Banks, Hacks Highlight Advantage of AI in Anti-Fraud Toolkits

From Clorox to Casinos to Banks, Hacks Highlight Advantage of AI in Anti-Fraud Toolkits
From Clorox to Casinos to Banks, Hacks Highlight Advantage of AI in Anti-Fraud Toolkits
September 18, 2023  |  Security & Fraud

Hack by hack, the fraudsters are getting bolder. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

READ MORE >
SentiLink Launches New Intelligence Solution for Fraud Detection
SentiLink Launches New Intelligence Solution for Fraud Detection
September 18, 2023  |  Fraud Prevention

SentiLink has unveiled a new offering aimed at improving financial fraud detection and enhancing proprietary fraud models for financial institutions. Get the Full Story Complete the...

READ MORE >
Report: Solid Financial Accused of Faking Revenue Numbers to Entice Investors
Report: Solid Financial Accused of Faking Revenue Numbers to Entice Investors
September 18, 2023  |  Security & Fraud

FinTech-as-a-Service firm Solid Financial is being accused of falsifying its revenue numbers to woo investors.  Get the Full Story Complete the form to unlock this article...

READ MORE >
Report: Casino Hacks Likely Caused by Malware-Driven Theft of Employee Credentials
Report: Casino Hacks Likely Caused by Malware-Driven Theft of Employee Credentials
September 15, 2023  |  Cybersecurity

The recent cyberattacks on Caesars Entertainment and on MGM Resorts reportedly may have been launched with stolen login credentials. Get the Full Story Complete the form to unlock this article and...

READ MORE >
IRS Boosts Safeguards on Tax Credit to Prevent PPP-Like Fraud
IRS Boosts Safeguards on Tax Credit to Prevent PPP-Like Fraud
September 14, 2023  |  Regulation

The Internal Revenue Service (IRS) has placed a moratorium on processing new claims for the Employee Retention Credit (ERC), a pandemic-era relief program, aiming to prevent a recurrence of...

READ MORE >
Report: Former Celsius Executive Pleads Guilty and Cooperates with Prosecutors
Report: Former Celsius Executive Pleads Guilty and Cooperates with Prosecutors
September 14, 2023  |  Legal

A former executive at now-bankrupt Celsius Network, Roni Cohen-Pavon, has reportedly pleaded guilty to criminal charges in the United States and has agreed to cooperate with...

READ MORE >
Banks and Payment Firms Tap AI to Combat Fraud Amid Surge in Sophisticated Financial Crime
Banks and Payment Firms Tap AI to Combat Fraud Amid Surge in Sophisticated Financial Crime
September 14, 2023  |  Fraud Prevention

The rise of digital banking and faster digital payment methods has brought about increasingly sophisticated fraud and financial crime.  Get the Full Story Complete the...

READ MORE >
Finastra Debuts Compliance-as-a-Service to Combat Fraud
Finastra Debuts Compliance-as-a-Service to Combat Fraud
September 14, 2023  |  Fraud Prevention

Financial software firm Finastra has debuted a “Compliance-as-a-Service” solution for banks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

READ MORE >
‘Scattered Spider’ Named as Likely Suspect in MGM Resorts Hack
‘Scattered Spider’ Named as Likely Suspect in MGM Resorts Hack
September 14, 2023  |  Cybersecurity

Authorities have reportedly identified the source of the hack that crippled Las Vegas’ biggest casino group. Get the Full Story Complete the form to unlock...

READ MORE >