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.

Ferry Operator Serving Cape Cod, Martha’s Vineyard Attacked With Ransomware

Ferry Operator Serving Cape Cod, Martha’s Vineyard Attacked With Ransomware
Ferry Operator Serving Cape Cod, Martha’s Vineyard Attacked With Ransomware
June 02, 2021  |  Security & Fraud

The Massachusetts Steamship Authority, which operates ferries serving the summer hot spots Martha’s Vineyard, Nantucket and Cape Cod, announced on Twitter Wednesday (June 2) that...

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Bitcoin Daily: Google To Ban Ads For Selling, Trading Crypto; Kraken Debuts Trading App In US; Indonesia’s Tokocrypto Plans IPO; Belt Finance To Compensate Users In Wake Of Cyberattack
Bitcoin Daily: Google To Ban Ads For Selling, Trading Crypto; Kraken Debuts Trading App In...
June 02, 2021  |  Bitcoin

Google in August will adjust its rules on cryptocurrency-related advertisements, first laid down in 2018, according to an update to its advertising policies page. Get...

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Government Needs To Step Up To Combat Ransomware Attacks, Execs Say
Government Needs To Step Up To Combat Ransomware Attacks, Execs Say
June 02, 2021  |  Security & Fraud

Ransomware attacks threatening in recent weeks to interfere with the way Americans heat their homes, drive their cars and eat are among factors prompting business...

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Finding The Balance For Merchants Between Trusted Authentication And Costly Aggravation
Finding The Balance For Merchants Between Trusted Authentication And Costly Aggravation
June 02, 2021  |  Security & Fraud

With a never-ending parade of bad news about data breaches, cybercrimes, ransomware schemes and a purported army of digital criminals ready to unleash their next...

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World’s Biggest Meat Producer, JBS, Hacked In Organized Attack
World’s Biggest Meat Producer, JBS, Hacked In Organized Attack
June 01, 2021  |  Security & Fraud

JBS USA, the world’s largest meat processor, was the victim of a cyberattack that the Greeley, Colorado company called “organized,” which affected its IT systems...

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Should Banks Reimburse Businesses For Fraud?
Should Banks Reimburse Businesses For Fraud?
June 01, 2021  |  B2B Payments

Consumer fraud is an ugly beast, but often, individuals can sleep soundly knowing that instances of fraud are often covered by their banks. Corporates, however,...

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Deep Dive: What New Digital Bank Customers Expect From Their Onboarding Experiences
Deep Dive: What New Digital Bank Customers Expect From Their Onboarding Experiences
June 01, 2021  |  Digital Onboarding

Generation Z consumers are well-known as tastemakers when it comes to pop culture, music and fashion, and their influence is quickly expanding to the financial...

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NEW DATA: What UK And US Businesses Want From Cross-Border Payments Innovations
NEW DATA: What UK And US Businesses Want From Cross-Border Payments Innovations
June 01, 2021  |  Cross-border Payments

Businesses around the world are doubling down on their cross-border innovation amid a growing need for faster, more efficient business-to-business (B2B) payments — and their...

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OakNorth On Balancing Security And Convenience In Customer Onboarding
OakNorth On Balancing Security And Convenience In Customer Onboarding
May 31, 2021  |  Authentication

Machine learning (ML) can help digital banks do much of the heavy lifting during customer onboarding — especially if applicants have common names. In the...

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