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.

Crypto Exchange Bybit Reports Hack, Analysts Estimate $1.5 Billion Loss

Crypto Exchange Bybit Reports Hack, Analysts Estimate $1.5 Billion Loss
Crypto Exchange Bybit Reports Hack, Analysts Estimate $1.5 Billion Loss
February 21, 2025  |  Cryptocurrency

Cryptocurrency exchange Bybit said Friday (Feb. 21) that a cyberattacker stole some of its holdings. Get the Full Story Complete the form to unlock this article and...

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44% of Middle-Market Firms Invest in Cybercrime Protection
44% of Middle-Market Firms Invest in Cybercrime Protection
February 20, 2025  |  Cybersecurity

Cybersecurity is top of mind for many C-suite executives. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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SEC Replaces Crypto Unit With Team to Probe ‘Cyber-Related Misconduct’
SEC Replaces Crypto Unit With Team to Probe ‘Cyber-Related Misconduct’
February 20, 2025  |  Security & Fraud

The Securities and Exchange Commission has created a unit to protect retail investors against fraud. Get the Full Story Complete the form to unlock this...

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Synapse Collapse Reportedly Target of Criminal Grand Jury Probe
Synapse Collapse Reportedly Target of Criminal Grand Jury Probe
February 20, 2025  |  Legal

A grand jury is reportedly probing criminal conduct at bankrupt FinTech firm Synapse. Get the Full Story Complete the form to unlock this article and...

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Banks Step Up the Fight Against Stolen Credentials
Banks Step Up the Fight Against Stolen Credentials
February 20, 2025  |  Authentication

Fraud against banks and their customers is on the rise, according to a February 2025 report from PYMNTS Intelligence and Arculus from CompoSecure, with 87% of...

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LexisNexis Bolsters Fraud Detection With IDVerse Acquisition
LexisNexis Bolsters Fraud Detection With IDVerse Acquisition
February 19, 2025  |  Acquisitions

LexisNexis Risk Solutions finalized its acquisition of document authentication and fraud detection firm IDVerse. Get the Full Story Complete the form to unlock this article...

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DOJ Bars 10 Individuals and Businesses From Making Unauthorized Debits
DOJ Bars 10 Individuals and Businesses From Making Unauthorized Debits
February 18, 2025  |  Security & Fraud

The Department of Justice said Tuesday (Feb. 18) that a district court in Miami permanently barred 10 individuals and entities from making unauthorized debits to...

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AI Startups: PayPal Ventures, Citi Invest in Corporate Treasury AI Startup
AI Startups: PayPal Ventures, Citi Invest in Corporate Treasury AI Startup
February 18, 2025  |  artificial intelligence

PayPal Ventures and Citi Ventures are investing in Finmo, a startup that uses AI and other technologies to develop what it describes as a next-generation...

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Mastercard and Feedzai Team to Fight AI-Powered Scams
Mastercard and Feedzai Team to Fight AI-Powered Scams
February 18, 2025  |  Fraud Prevention

Mastercard has teamed with financial crime prevention company Feedzai to help financial institutions prevent scams. Get the Full Story Complete the form to unlock this...

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