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.

Equifax Invests In Fraud Prevention And ID Verification With $640M Kount Deal
Equifax Invests In Fraud Prevention And ID Verification With $640M Kount Deal
January 11, 2021  |  Acquiring

The great digital shift – and the rising tide of eCommerce – has placed greater pressure on companies to verify their customers and guard against...

READ MORE >
Robinhood User Sues Platform After Account Hacked
Robinhood User Sues Platform After Account Hacked
January 10, 2021  |  Legal

A California man has sued Robinhood Financial and Robinhood Securities, claiming he lost thousands of dollars after his brokerage account with the firm was breeched,...

READ MORE >
Hackers Strike New Zealand’s Central Bank
Hackers Strike New Zealand’s Central Bank
January 10, 2021  |  Security & Fraud

The Reserve Bank of New Zealand said Sunday (Jan. 10) that it has been hacked — and that potentially sensitive personal and commercial information may...

READ MORE >
Russian Hacker Sentenced To 12 Years In Prison
Russian Hacker Sentenced To 12 Years In Prison
January 07, 2021  |  Security & Fraud

Russian hacker Andrei Tyurin, who helped carry out an attack on J.P. Morgan Chase, among other companies, has been sentenced to 12 years in prison,...

READ MORE >
Pandemic Hackers Swiped $36 Billion From Unemployment Coffers
Pandemic Hackers Swiped $36 Billion From Unemployment Coffers
January 05, 2021  |  Security & Fraud

Federal and state governments are cracking down on unemployment after an estimated $36 billion was swiped, most of it relating to Pandemic Unemployment Assistance (PUA),...

READ MORE >
Sweeping Bad Actors Out Of The Trusted Debit Space
Sweeping Bad Actors Out Of The Trusted Debit Space
January 05, 2021  |  Next-Gen Debit

Did you know that 80 percent of customers prefer debit cards for everyday purchases? Or that as the average customer spends up to 100 percent...

READ MORE >
Facial ID Emerges As Effective Fraud Defense
Facial ID Emerges As Effective Fraud Defense
January 05, 2021  |  Digital Identity

With digital use soaring during the pandemic and fraud on the rise, new research shows the best weapon in the war against unwanted transactions might...

READ MORE >
Proposed Criminal Law Could Penalize New Yorkers For Skipping COVID Vaccine Lines
Proposed Criminal Law Could Penalize New Yorkers For Skipping COVID Vaccine Lines
January 04, 2021  |  Coronavirus

It could soon become illegal for companies or individuals to sell or administer coronavirus vaccinations to New Yorkers who are trying to bypass the line,...

READ MORE >
IRS Warns Of Scams With Second Round Of Stimulus Funds
IRS Warns Of Scams With Second Round Of Stimulus Funds
January 04, 2021  |  Fraud Prevention

As the second round of stimulus money is distributed, the Internal Revenue Service (IRS) has issued a warning that people need to be vigilant about...

READ MORE >