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.

Data Shows Employees Tried 65 Million Times To Export Source Code In Q2

Data Shows Employees Tried 65 Million Times To Export Source Code In Q2
Data Shows Employees Tried 65 Million Times To Export Source Code In Q2
August 12, 2021  |  Security & Fraud

Employees at various companies are increasingly taking sensitive computer code with them as they quit their jobs, the Financial Times (FT) reported. Get the Full...

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Bitcoin Daily: Ukraine Shuts Alleged Crypto-Laundering Network; Crypto Tax, Accounting Software Firm TaxBit Nets $130M
Bitcoin Daily: Ukraine Shuts Alleged Crypto-Laundering Network; Crypto Tax, Accounting Software Firm TaxBit Nets $130M
August 12, 2021  |  Bitcoin

The Security Service of Ukraine (SBU) has shut down several cryptocurrency exchanges that were being used since the beginning of this year to anonymize transactions,...

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Crypto Platform Poly Network Says Hacker Returned Much Of Taken Funds
Crypto Platform Poly Network Says Hacker Returned Much Of Taken Funds
August 12, 2021  |  Security & Fraud

The hacker or hackers behind the theft from Poly Network, which facilitates peer-to-peer (P2P) transactions, have now returned almost all the $613 million they stole,...

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Currencycloud Hires Lucinity To Fight Money Laundering
Currencycloud Hires Lucinity To Fight Money Laundering
August 12, 2021  |  B2B Payments

Currencycloud, which works in B2B cross-border payments, has contracted Lucinity to provide its Actor Intelligence solution as the newest compliance innovation to fight money laundering....

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Poly Network Hackers Return Half Of Stolen $613M
Poly Network Hackers Return Half Of Stolen $613M
August 12, 2021  |  Security & Fraud

A group of hackers who carried out what is believed to be the largest cryptocurrency heist on record have returned more than half of the...

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P2P Crypto Platform Poly Network Hackers Targeted Smart Contracts, Have Returned Millions
P2P Crypto Platform Poly Network Hackers Targeted Smart Contracts, Have Returned Millions
August 11, 2021  |  Security & Fraud

Hackers of decentralized finance (DeFi) platform Poly Network have returned over a third of the $613 million they stole, Reuters reported. Get the Full Story...

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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

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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