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.

NEW REPORT: Online Fraud Falls 34.7 Percent

NEW REPORT: Online Fraud Falls 34.7 Percent
NEW REPORT: Online Fraud Falls 34.7 Percent
May 31, 2017  |  Security & Fraud

The good news? Fraudsters have at long last lost some ground. The bad news? They’re far from down for the count. Get the Full Story...

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What Is A Payment Factory — And Who Needs One?
What Is A Payment Factory — And Who Needs One?
May 29, 2017  |  Payments Innovation

What’s a payment factory? Even Google can’t give you a straight answer— but, Bob Stark, vice president of strategy at Kyriba, will shed some light...

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Chinese Scammers Snared, Confess To Stealing $138 Million USD
Chinese Scammers Snared, Confess To Stealing $138 Million USD
May 26, 2017  |  Security & Fraud

In an ongoing digital fraud scheme, Chinese scammers have racked up over 950 million yuan ($138 million USD) from more than 93,000 victims by preying...

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Madoff Fund Has Paid Zero To Victims
Madoff Fund Has Paid Zero To Victims
May 24, 2017  |  Security & Fraud

The firm responsible for paying out $4 billion to victims of Bernard Madoff’s Ponzi scheme has been spending millions on related billings, including the retention...

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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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