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.

150 Billion Consumer Records At Risk
150 Billion Consumer Records At Risk
August 22, 2018  |  Security & Fraud

Despite the implementation of stricter cybersecurity and privacy-focused regulations such as GDPR and PSD2, cybercrime remains a threat to businesses and consumers around the world....

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Big Banks Plagued By Dark Tequila Malware
Big Banks Plagued By Dark Tequila Malware
August 21, 2018  |  Security & Fraud

Kaspersky Lab announced on Tuesday (Aug. 21) that it discovered a sophisticated cyber-operation named Dark Tequila, which has been targeting Mexicans for the past five years. Using...

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In South Africa, Debit Order Fraud Grows
In South Africa, Debit Order Fraud Grows
August 21, 2018  |  Security & Fraud

Amid the headlines about cryptocurrency fraud, hacked digital wallets, data breaches and synthetic identities, some methods of making off with ill-gotten gains may fly a...

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SEC: Financial Advisor Ameriprise To Pay $4.5M Fine
SEC: Financial Advisor Ameriprise To Pay $4.5M Fine
August 16, 2018  |  Regulation

The U.S. Securities and Exchange Commission (SEC) announced, according to Reuters, that it has charged Ameriprise Financial, a registered investment advisor and broker-dealer, $4.5 million due...

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Turning To AI To Reduce Digital Banking Risks
Turning To AI To Reduce Digital Banking Risks
August 16, 2018  |  Digital Banking

Implementing AI might be all the rage, but are banks buying too much into the hype? FIs need to cut through the noise and find...

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Hackers Clone Debit Cards From India Bank
Hackers Clone Debit Cards From India Bank
August 14, 2018  |  Security & Fraud

India’s Cosmos Bank was the target of an attack in which hackers were able to transfer more than Rs 94 crore via a malware attack,...

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Investors Have Lost Close To $100M In ICO Scams
Investors Have Lost Close To $100M In ICO Scams
August 13, 2018  |  Security & Fraud

Based on new research from Diar, a blockchain intelligence firm, close to $100 million in cryptocurrency has been stolen via initial coin offering (ICO) exit...

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Elaborate Indian Bitcoin Scam Involves Policemen, Lawmakers
Elaborate Indian Bitcoin Scam Involves Policemen, Lawmakers
August 13, 2018  |  Bitcoin

Gujarat, the Indian home state of Prime Minister Narendra Modi, is at the center of a bitcoin-based Ponzi scheme that could end up being the...

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Why Phishers Like B2B
Why Phishers Like B2B
August 09, 2018  |  Fraud Prevention

Businesses, get ready: The phishers are paying more attention to you. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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