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.

How TripAdvisor Put The Kibosh On 1M Fake Reviews With Machine Learning
How TripAdvisor Put The Kibosh On 1M Fake Reviews With Machine Learning
December 23, 2019  |  Fraud Prevention

Reviews are a critical part of the online travel economy, with online shoppers poring over feedback to decide which companies to patronize. But false reviews...

READ MORE >
FBI Helps Businesses Outwit Fraudsters By Deploying Decoy Data
FBI Helps Businesses Outwit Fraudsters By Deploying Decoy Data
December 23, 2019  |  Security & Fraud

The Federal Bureau of Investigation is working firsthand with companies to outsmart cybercriminals by deploying decoy data, Ars Technica reported on Friday (Dec. 20). Get...

READ MORE >
Lloyds To Make Special £35K Payout To HBOS Fraud Victims
Lloyds To Make Special £35K Payout To HBOS Fraud Victims
December 22, 2019  |  B2B Payments

To regain trust following an independent review that deemed its compensation plan to not be “fair and reasonable,” and which had to be redetermined, Lloyds...

READ MORE >
F5 Adds To Portfolio With $1B Shape Security Acquisition
F5 Adds To Portfolio With $1B Shape Security Acquisition
December 20, 2019  |  Partnerships / Acquisitions

To add protection from targeted fraud, automated attacks and botnets to its portfolio of application services, F5 will acquire fraud and abuse prevention company Shape Security....

READ MORE >
Wawa Says Thousands Affected By Data Breach
Wawa Says Thousands Affected By Data Breach
December 20, 2019  |  Security & Fraud

Gas station and convenience store chain Wawa said it discovered a data breach in which thousands of customers’ debit and credit card information was stolen,...

READ MORE >
Top News In Payments: Facebook Is Developing Its Own OS; PayPal Acquires 70 Pct Stake In China’s GoPay
Top News In Payments: Facebook Is Developing Its Own OS; PayPal Acquires 70 Pct Stake...
December 20, 2019  |  News

In today’s top news, Facebook is developing its own operating system to increase its independence, and PayPal is acquiring a 70 percent stake in China’s...

READ MORE >
American Airlines And Citi Crack Down On Account Abuse
American Airlines And Citi Crack Down On Account Abuse
December 20, 2019  |  Loyalty & Rewards

Citi and American Airlines have cracked down on customers they say are abusing the airline’s rewards program, signing up for multiple accounts fraudulently just to...

READ MORE >
Digital Fraud And AI Battle To The Death
Digital Fraud And AI Battle To The Death
December 20, 2019  |  Fraud Prevention

All in all, cybercriminals had a pretty good year. In Q3 2019 alone they made off with cryptocurrency valued at almost $4.5 billion. More than...

READ MORE >
Mobile Order-Ahead Delivered The Goods In 2019
Mobile Order-Ahead Delivered The Goods In 2019
December 20, 2019  |  Mobile Order Ahead

“It was the best of times, it was the worst of times.” That famous literary opener could apply to the mobile order-ahead (MOA) space in...

READ MORE >