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.

SAP Users Asked To Apply New Patch To Avoid Security Breach
SAP Users Asked To Apply New Patch To Avoid Security Breach
July 15, 2020  |  B2B Payments

Users of SAP are being encouraged to apply a new patch to prevent against hacking due to a pre-existing flaw in the software, according to...

READ MORE >
Twitter Accounts Of Bezos, Buffett, Musk And Others Apparently Victims Of ATO Crypto Scam
Twitter Accounts Of Bezos, Buffett, Musk And Others Apparently Victims Of ATO Crypto Scam
July 15, 2020  |  Security & Fraud

High-profile Twitter accounts, including those of Amazon CEO Jeff Bezos, Berkshire Hathaway Chairman Warren Buffett, Tesla CEO Elon Musk and others, were taken over in...

READ MORE >
London Judge Dismisses Fraud Case Against Wirecard
London Judge Dismisses Fraud Case Against Wirecard
July 15, 2020  |  Legal

After weeks of relentless headlines on the collapse of Wirecard, the High Court of Justice in London handed the German payments company a victory on...

READ MORE >
Why The Best Fraud Defenses Need Artificial And Human Intelligence
Why The Best Fraud Defenses Need Artificial And Human Intelligence
July 15, 2020  |  Security & Fraud

There’s an old saying that sunlight is the best disinfectant. Shedding some light on just what the bad guys want — and why and how...

READ MORE >
Why The Pandemic Is Changing Digital Identity’s Importance In The Healthcare World
Why The Pandemic Is Changing Digital Identity’s Importance In The Healthcare World
July 14, 2020  |  Digital Identity

Keeping patients’ medical information safe remains a top concern for governments and regulators around the world, yet the pandemic is complicating that task. Get the...

READ MORE >
Deep Dive: Cybercrime Rises As Consumers Migrate To Digital Food Ordering Amid Pandemic
Deep Dive: Cybercrime Rises As Consumers Migrate To Digital Food Ordering Amid Pandemic
July 14, 2020  |  Mobile Order Ahead

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
Fraudsters Create ‘Clone’ Investment Accounts To Dupe Consumers
Fraudsters Create ‘Clone’ Investment Accounts To Dupe Consumers
July 14, 2020  |  Security & Fraud

Retail investors have been succumbing to “impersonation fraud,” where fraudsters pretend to be famous brands and thus are able to con millions of Euros from...

READ MORE >
The Pandemic Is Driving Crooks Online, Too
The Pandemic Is Driving Crooks Online, Too
July 13, 2020  |  Payments Innovation

“How can banks, retailers and financial institutions strike the right balance between offering advanced services to customers while flattening the overwhelming spike in fraud?” Get...

READ MORE >