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.

Today in Data: Fake It ’Til You Hack It
Today in Data: Fake It ’Til You Hack It
March 31, 2022  |  Today In Data

Today in Data, the Axie Infinity game was hacked for $540 million in cryptocurrency. Plus, healthcare data breaches fall for the third consecutive month and...

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Apple, Meta Provided Hackers With Customer Data Under Fraudulent Requests
Apple, Meta Provided Hackers With Customer Data Under Fraudulent Requests
March 30, 2022  |  Security & Fraud

Meta and Apple reportedly provided customer data to hackers masquerading as law enforcement, Bloomberg reported Wednesday (March 30). Get the Full Story Complete the form...

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Money Laundering Crimes Surge Along With DOJ Arrests as 7 Plead Guilty
Money Laundering Crimes Surge Along With DOJ Arrests as 7 Plead Guilty
March 30, 2022  |  Security & Fraud

Over $2 trillion in illegally gained funds are reprocessed in the global economy as being legit despite the best efforts of financial institutions, new legislation...

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Hackers Use Fake Emergency Data Requests to Get Customer Info
Hackers Use Fake Emergency Data Requests to Get Customer Info
March 30, 2022  |  Security & Fraud

Hackers are using email accounts and websites associated with police departments and other government agencies to send unauthorized demands for healthcare patient data, saying the...

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Fake Social Profiles Blur Line Between Scamming, Legitimate Marketing
Fake Social Profiles Blur Line Between Scamming, Legitimate Marketing
March 30, 2022  |  Security & Fraud

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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FinCEN Data Shows Increase in Identity-Related Filings, Stressing Importance of KYC Programs
FinCEN Data Shows Increase in Identity-Related Filings, Stressing Importance of KYC Programs
March 30, 2022  |  Security & Fraud

The Financial Crimes Enforcement Network (FinCEN) published Monday (March 28) its Suspicious Activity Report (SAR) data for 2021. Get the Full Story Complete the form...

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In Bid to Raise the Checkout Bar, PayPal Urges Industry to Boost Authorizations
In Bid to Raise the Checkout Bar, PayPal Urges Industry to Boost Authorizations
March 30, 2022  |  Digital Payments

Declines are deadly during this critical phase of eCommerce growth, which is placing authorization optimization and authorization rates at the center of payments planning in...

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California Man Convicted for PPP Fraud, Money Laundering Scheme
California Man Convicted for PPP Fraud, Money Laundering Scheme
March 29, 2022  |  Legal

A California man has been convicted by a federal jury of submitting fraudulent applications for funds from the Paycheck Protection Program (PPP) and money laundering,...

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PYMNTS Metaverse Series: The Scammers Are Coming, as VR Brings Phishers 3D Lures
PYMNTS Metaverse Series: The Scammers Are Coming, as VR Brings Phishers 3D Lures
March 29, 2022  |  Metaverse

On the web, you need to be careful of phishing emails claiming to be from your boss, telling you to check out the information on...

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