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.

Target Sets New Record: Data Breach Settlement
Target Sets New Record: Data Breach Settlement
May 24, 2017  |  Security & Fraud

Target Corp. will pay $18.5 million to settle claims related to the massive data breach that compromised 40 million customers’ credit and debit cards in...

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Stopping Faster Payments Fraud, Faster
Stopping Faster Payments Fraud, Faster
May 23, 2017  |  Data Drivers

When the U.K. implemented Faster Payments, fraud tripled as fraudsters exploited the vulnerabilities of a new system that moved money in an instant. In the...

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When Machines Do The IDV Work Of People
When Machines Do The IDV Work Of People
May 16, 2017  |  Podcast

Industries are abuzz with the fast-growing potential of machine learning — a form of artificial intelligence that allows programs to change, adapt and, obviously, learn...

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Today in Data: Global ‘WANNACRY’ Cyber Attack Impact
Today in Data: Global ‘WANNACRY’ Cyber Attack Impact
May 15, 2017  |  Security & Fraud

Cyber attacks have been impacting organizations all around the world recently, with Friday’s ‘WANNACRY’ ransomware attack hitting businesses from all sectors, globally, especially hard. From...

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FTC Cracks Down On Tech Support Scams
FTC Cracks Down On Tech Support Scams
May 15, 2017  |  Security & Fraud

The U.S. Federal Trade Commission (FTC), in conjunction with other federal, state and international law enforcement partners, recently announced a nationwide and international crackdown on...

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FTC To Announce National Consumer Fraud Program
FTC To Announce National Consumer Fraud Program
May 12, 2017  |  Security & Fraud

Over the past few months, we’ve certainly seen and reported on a lot of action involving the Consumer Financial Protection Bureau (CFPB). From banks challenging...

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Stolen Card And Loyalty Credentials For Sale On Facebook Says LFPA
Stolen Card And Loyalty Credentials For Sale On Facebook Says LFPA
May 12, 2017  |  Facebook

The newly formed Loyalty Fraud Prevention Association (LFPA), launched in September of last year, has made a bold claim in its latest release. Get the Full...

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Human Error To Blame For Much Of Corporate Finance Scam, Says Verizon
Human Error To Blame For Much Of Corporate Finance Scam, Says Verizon
May 09, 2017  |  B2B Payments

The bad news keeps on coming for businesses facing cyberattacks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Hacker Tracker: Sabre Investigating Breach, Card Testing On The Rise
Hacker Tracker: Sabre Investigating Breach, Card Testing On The Rise
May 05, 2017  |  Security & Fraud

It’s been a big week in the broader cybersecurity realm, starting with a data breach of Sabre Corporation’s hospitality unit. Get the Full Story Complete the...

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