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.

To Catch A Thief: Identifying Fraudster Behaviors Before The Act
To Catch A Thief: Identifying Fraudster Behaviors Before The Act
April 02, 2021  |  Security & Fraud

There’s data — and then there’s the information that comes as data is being transmitted. It’s the digital version of body language and it’s all over the...

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India’s Central Bank Demands MobiKwik Examine Alleged Data Leak
India’s Central Bank Demands MobiKwik Examine Alleged Data Leak
April 01, 2021  |  Security & Fraud

India’s central bank is demanding that the digital payments firm MobiKwik have an external audit conducted regarding allegations that a hacker stole data from its...

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Indian Mobile Phone Gateway MobiKwik Looks Into 110 Million User Data Breach
Indian Mobile Phone Gateway MobiKwik Looks Into 110 Million User Data Breach
March 31, 2021  |  Security & Fraud

MobiKwik, the Indian payments firm, will get an independent audit after a reported breach that could’ve compromised the data of millions of users, Reuters reports....

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Fraudsters Siphon $100 Million In COVID Relief Through Online Investment Platforms
Fraudsters Siphon $100 Million In COVID Relief Through Online Investment Platforms
March 30, 2021  |  Security & Fraud

Scammers stealing from government-funded pandemic relief programs have found a new trick — opening accounts with at least four online investment platforms, CNBC reported Monday...

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Bitcoin Daily: Crypto M&A Value Doubles In 2020; Miami Mayor Wants City To Be Crypto Hub; Man Owes $571M In Crypto Scam; Bitcoin Could Threaten Energy Consumption
Bitcoin Daily: Crypto M&A Value Doubles In 2020; Miami Mayor Wants City To Be Crypto...
March 29, 2021  |  Bitcoin

The crypto sector is seeing a boost in the value of mergers and acquisitions, doubling to almost $1.1 billion last year, according to Coindesk. The report...

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FBI Looks Back At The BEC Scam’s Accelerating Evolution
FBI Looks Back At The BEC Scam’s Accelerating Evolution
March 29, 2021  |  B2B Payments

In the ever-inflating fight against corporate fraud, criminals continue to explore new avenues to steal company funds. Yet technology providers are innovating quickly, too, to...

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B2B FinTech Closes Q1 With Nine-Figure Funding Rounds
B2B FinTech Closes Q1 With Nine-Figure Funding Rounds
March 26, 2021  |  B2B Payments

While last week’s B2B venture capital roundup was dominated by seed-stage funding rounds, this week shows Q1 2021 closing out with a bang thanks to...

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Blackstone, Atairos Invest In Geolocation Security Firm GeoComply
Blackstone, Atairos Invest In Geolocation Security Firm GeoComply
March 25, 2021  |  Investments

GeoComply Solutions has received minority investments from funds managed by Blackstone and Atairos, the company’s first institutional investors, according to a Tuesday (March 23) press...

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UK Bank Fraud Cases Nearly Doubled In 2020
UK Bank Fraud Cases Nearly Doubled In 2020
March 25, 2021  |  Security & Fraud

Criminals in Great Britain are exploiting people’s COVID-19-related anxiety to carry out an increasing number of online and technology-aided scams. Get the Full Story Complete...

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