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.

Record Crypto Heist Nets Hackers Over $600M
Record Crypto Heist Nets Hackers Over $600M
August 11, 2021  |  Security & Fraud

In what is likely the biggest cryptocurrency theft in history, hackers made off with more than $600 million by exploiting a vulnerability in the multi-chain...

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Data Shows Cyberattack Ransom Up 82 Pct Since 2020
Data Shows Cyberattack Ransom Up 82 Pct Since 2020
August 10, 2021  |  Security & Fraud

As ransomware has increased in proliferation, so has the amount paid on average to the criminals, a Computer Weekly report says, citing data from the...

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Coinbase Says Crypto Exchanges Face Dual Regulations To Meet Differing Authentication Rules
Coinbase Says Crypto Exchanges Face Dual Regulations To Meet Differing Authentication Rules
August 09, 2021  |  Authentication

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Forget About Single-Click Convenience And Collaborate On Authentication
Forget About Single-Click Convenience And Collaborate On Authentication
August 06, 2021  |  Authentication

If you accept the fact that digital fraudsters are never going to just go away, Trulioo Senior Vice President of Identity Solutions Garient Evans told...

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Chinese Cryptocurrency Tied To More Than $2B In Crime, Scams
Chinese Cryptocurrency Tied To More Than $2B In Crime, Scams
August 03, 2021  |  Security & Fraud

Chinese cryptocurrency is the latest involved in a rash of illicit activity involving $2.2 billion in digital payment tokens used in scams and dark internet...

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Deep Dive: Why Social Media Platforms Must Rethink The Way They Treat Digital Identity To Maintain Users’ Trust
Deep Dive: Why Social Media Platforms Must Rethink The Way They Treat Digital Identity To...
July 30, 2021  |  Identity

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Navigating The ‘Fraud Economy’ In The Digital Era
Navigating The ‘Fraud Economy’ In The Digital Era
July 30, 2021  |  Security & Fraud

In A Decade of Digital Transformation in 12 Months, 46 C-suite executives spoke with PYMNTS for its Q2 eBook on what the world will look...

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Riskified Begins Trading As IPO Values Anti-Fraud Firm At $3.3B
Riskified Begins Trading As IPO Values Anti-Fraud Firm At $3.3B
July 29, 2021  |  IPO

Riskified began trading on the New York Stock Exchange (NYSE) on Thursday (July 29), soon after the anti-fraud platform announced the price of its initial...

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Twitter On Why Social Media Companies Must Evolve Their Digital Identity Verification Practices To Keep User Trust
Twitter On Why Social Media Companies Must Evolve Their Digital Identity Verification Practices To Keep...
July 29, 2021  |  Identity

As social media sites transform from messaging platforms to payment-processing social commerce hubs, Twitter’s Sudan Sethuramalingam updates PYMNTS on his company’s push to boost biometrics...

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