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.

Fraudsters Bilk Bankers Out Of $32M

Fraudsters Bilk Bankers Out Of $32M
Fraudsters Bilk Bankers Out Of $32M
November 01, 2016  |  Cybersecurity

Investment bankers in Hong Kong were tricked out of millions of dollars by a cash-advance business called Global Merchant Funding (GMF). Get the Full Story...

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Vesta: Ghosts In The (Payments) Machine
Vesta: Ghosts In The (Payments) Machine
November 01, 2016  |  eCommerce

Halloween isn’t over — not by a long shot — in the payments industry. And three big stats tell you why. 30 percent, 65 percent...

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Forter: The Sour Side Of Sweet-Talking Fraudsters
Forter: The Sour Side Of Sweet-Talking Fraudsters
November 01, 2016  |  Cybersecurity

Not all fraudsters rely on being technically savvy to get by — some have the charm and deception to pry sensitive information right out of...

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Thwarting Fraud In The Complex IoT Age
Thwarting Fraud In The Complex IoT Age
October 31, 2016  |  Internet of Things

Last week’s global cyberattack on hundreds of thousands of smart devices set a ginormous spotlight on the vulnerability around IoT. And it has companies scrambling...

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Can Tenacious D In The IoT Age Possibly Thwart Fraud?
Can Tenacious D In The IoT Age Possibly Thwart Fraud?
October 28, 2016  |  Internet of Things

Last week’s global cyberattack on hundreds of thousands of smart devices set a ginormous spotlight on the vulnerability around IoT. And it has companies scrambling...

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Credit, Debit Card Fraud Losses Reached $21.84 Billion Last Year
Credit, Debit Card Fraud Losses Reached $21.84 Billion Last Year
October 26, 2016  |  Cybersecurity

Fraud losses incurred by banks and merchants on all credit, debit and prepaid general-purpose and private-label payment cards issued worldwide reached $21.84 billion last year...

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Fraud’s Frightening Surge
Fraud’s Frightening Surge
October 26, 2016  |  Fraud Prevention

Forget ghosts and goblins, fraudsters are real-life monsters haunting merchants this Halloween. Data in the hot-off-the-presses October 2016 Global Fraud Attack Index™ reports that the...

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