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.

Biometric Onboarding Seen as Must-Have in FinTech Fight Over Identity Theft
Biometric Onboarding Seen as Must-Have in FinTech Fight Over Identity Theft
December 15, 2021  |  AML

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Report: Businesses Challenged to Close the Consumer Biometric Perception vs. Use Gap
Report: Businesses Challenged to Close the Consumer Biometric Perception vs. Use Gap
December 15, 2021  |  Authentication

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Log4j Vulnerability Causes Nearly 900K Cyberattacks in Four Days
Log4j Vulnerability Causes Nearly 900K Cyberattacks in Four Days
December 14, 2021  |  Security & Fraud

There have been over 840,000 attacks on companies since Friday (Dec. 10) due to a vulnerability in the open-source Log4j software, Ars Technica reported. Get...

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Visa Warns of Dishonest ‘Cashless ATM’ Schemes
Visa Warns of Dishonest ‘Cashless ATM’ Schemes
December 13, 2021  |  Security & Fraud

Visa has warned of a new scheme where point of service (POS) devices being dishonestly pushed as “cashless ATMs” are being put out at various...

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NatWest Faces $350M in Fines After Guilty Plea in Money Laundering Case
NatWest Faces $350M in Fines After Guilty Plea in Money Laundering Case
December 13, 2021  |  Security & Fraud

NatWest, a U.K. state-backed bank, must pay 265 million pounds (about $350 million) after pleading guilty to failing to prevent money laundering, Reuters reported. Get...

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Bitcoin Daily: India PM Modi’s Twitter Account Hacked With Fake Bitcoin Message; 90% of All Bitcoin Has Been Mined, Data Says
Bitcoin Daily: India PM Modi’s Twitter Account Hacked With Fake Bitcoin Message; 90% of All...
December 13, 2021  |  Bitcoin

The Twitter account of India’s Prime Minister, Narendra Modi, was hacked Sunday (Dec. 12) morning, with a fake tweet proclaiming that bitcoin was now legal...

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From Bullet-Proof Glass to eCommerce Shift, Crime Spree Spawns Rethink on Retail
From Bullet-Proof Glass to eCommerce Shift, Crime Spree Spawns Rethink on Retail
December 13, 2021  |  Retail

You’ve seen the shocking videos and read the growing news reports. U.S. retailers are under siege from an unprecedented attack of organized criminals helping themselves...

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ID Verification Helps Food Aggregators Reduce Friendly Fraud
ID Verification Helps Food Aggregators Reduce Friendly Fraud
December 13, 2021  |  Authentication

With the rapid rise of food delivery services has come the concurrent rise of food delivery fraud. Get the Full Story Complete the form to...

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Department of Homeland Security Warns of Vulnerability in Commonly Used Software
Department of Homeland Security Warns of Vulnerability in Commonly Used Software
December 12, 2021  |  Security & Fraud

The Department of Homeland Security’s Cybersecurity and Infrastructure Security Agency (CISA) is warning of a vulnerability affecting products containing the log4j software library, according to...

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