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 Nears $700M Settlement For Data Breach

Equifax Nears $700M Settlement For Data Breach
Equifax Nears $700M Settlement For Data Breach
July 21, 2019  |  Cybersecurity

The 2017 Equifax data hack affecting more than 143 million people worldwide will cost the company about $700 million.  Get the Full Story Complete the...

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AML Expenses Eat Into Nordic Lenders’ Profits
AML Expenses Eat Into Nordic Lenders’ Profits
July 21, 2019  |  Banking

Anti-money-laundering compliance controls have impacted Nordic banks’ bottom lines. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Ex-Microsoft Employee Accused Of Stealing Millions In Digital Currency
Ex-Microsoft Employee Accused Of Stealing Millions In Digital Currency
July 18, 2019  |  Cybersecurity

A former Microsoft engineer named Volodymyr Kvashuk was arrested and charged with mail fraud for allegedly stealing millions in digital money from Microsoft, according to...

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Why Corporates Must Be Weary Of Crypto’s Fraud Risks
Why Corporates Must Be Weary Of Crypto’s Fraud Risks
July 18, 2019  |  B2B Payments

In corporate payments, crypto was — and often still is — questionable. Though innovators and analysts often turned toward bitcoin’s underlying infrastructure, blockchain, as the...

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Aavgo Breach Reveals Hotel Guests’ Personal Data
Aavgo Breach Reveals Hotel Guests’ Personal Data
July 17, 2019  |  Cybersecurity

A security lapse at a hotel management startup has exposed hotel bookings and guests’ personal information. Get the Full Story Complete the form to unlock...

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Payroll Fraud Could Cost KeyCorp $90M
Payroll Fraud Could Cost KeyCorp $90M
July 16, 2019  |  Cybersecurity

Regional banking firm KeyCorp disclosed a massive instance of fraud on Tuesday (July 16) that could potentially cost $90 million, according to a report by...

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New Tool Allows UK Facebook Users To Report Ad Scams
New Tool Allows UK Facebook Users To Report Ad Scams
July 16, 2019  |  Cybersecurity

Facebook has launched a tool for U.K. users to report suspicious ads that they suspect of being scams. Get the Full Story Complete the form...

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