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.

Australia Eyes Ban on Paying Ransoms to Hackers

Australia Eyes Ban on Paying Ransoms to Hackers
Australia Eyes Ban on Paying Ransoms to Hackers
November 13, 2022  |  Security & Fraud

Australia could consider barring businesses from making ransomware payments to criminals, the country’s cyber security minister said Sunday (Nov. 13). Get the Full Story Complete...

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Report: Twitter Paused Blue Subscriptions to Halt Fraudulent Accounts
Report: Twitter Paused Blue Subscriptions to Halt Fraudulent Accounts
November 11, 2022  |  Subscriptions

After days of users taking advantage of the blue check of Twitter’s redesigned Blue subscription plan to impersonate people and companies, the social media platform...

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Instant and Automated Payments Make Tempting Targets for Fraud
Instant and Automated Payments Make Tempting Targets for Fraud
November 07, 2022  |  Security & Fraud

Faster B2B payments, back-office automation and alternative payments are all advancing rapidly, but these advances are creating new opportunities for fraudsters, so expect the innovation...

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DOJ Says Ex-MoviePass Execs Misled Investors
DOJ Says Ex-MoviePass Execs Misled Investors
November 06, 2022  |  Legal

The U.S. Department of Justice has charged a pair of former MoviePass executives with fraud, saying they misled investors about the health of the subscription...

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Who’s a Friend and Who’s a Fraudster?
Who’s a Friend and Who’s a Fraudster?
November 05, 2022  |  Security & Fraud

We’ve got more ways to communicate than ever, and when people get chatty, talk often turns to stuff we want to buy. In some cases,...

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PYMNTS Intelligence: Confronting the Challenge of B2B Payments Fraud
PYMNTS Intelligence: Confronting the Challenge of B2B Payments Fraud
November 04, 2022  |  B2B Payments

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Finding the Utility in Authentication Friction
Finding the Utility in Authentication Friction
November 04, 2022  |  Digital Identity

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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One-Third of Cybercrime Losses Stem From Compromised Business Email
One-Third of Cybercrime Losses Stem From Compromised Business Email
November 03, 2022  |  B2B Payments

When criminals impersonate company executives or business partners to deceive employees into diverting funds their way, that’s business email compromise (BEC). Get the Full Story...

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Privacy-Enhancing Technologies Promote Greater EU Inter-Bank Collaboration in Fighting Fraud
Privacy-Enhancing Technologies Promote Greater EU Inter-Bank Collaboration in Fighting Fraud
November 03, 2022  |  Fraud Prevention

Banks are not the police. And yet, for many crimes, financial institutions (FIs) are often on the front lines when it comes to preventing and...

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