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.

Securing the Gig Economy: Combatting API Vulnerabilities and AI-Driven Threats

Securing the Gig Economy: Combatting API Vulnerabilities and AI-Driven Threats
Securing the Gig Economy: Combatting API Vulnerabilities and AI-Driven Threats
November 26, 2024  |  Gig Economy

The success of the gig economy hinges on its underlying digital ecosystem, particularly APIs, which power real-time services like Uber and Fiverr. Get the Full...

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The True Cost of Fraud Goes Well Beyond Dollars Lost
The True Cost of Fraud Goes Well Beyond Dollars Lost
November 25, 2024  |  Cybersecurity

The impact of fraud on a business can be swift and severe. Get the Full Story Complete the form to unlock this article and enjoy...

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Social Engineering Scams Prove Costly to Consumers and Bank Bottom Lines
Social Engineering Scams Prove Costly to Consumers and Bank Bottom Lines
November 22, 2024  |  Fraud Prevention

With financial institutions (FIs) fortifying their defenses and evolving their strategies against digital payment fraud, criminals are turning to a new weak spot: the customers...

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Panel: Data-Driven Paradigms Future-Proof Security Lifecycle Management
Panel: Data-Driven Paradigms Future-Proof Security Lifecycle Management
November 22, 2024  |  Payments Innovation

As digital payments scale, the sophistication of scams matches their pace. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Report: Financial Scams Drive 122% Increase in Fraud Losses by US Banks
Report: Financial Scams Drive 122% Increase in Fraud Losses by US Banks
November 22, 2024  |  Fraud Prevention

Transactions have moved more digital, changing the fraud landscape. Financial institutions (FIs) have made real progress in holding off fraudsters attempting to exploit the digital...

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FTC Refunds $1.9 Million to Victims of Credit Bureau Center Scam
FTC Refunds $1.9 Million to Victims of Credit Bureau Center Scam
November 21, 2024  |  News

The FTC is refunding $1.9 million to victims of a “free” credit report scam. Get the Full Story Complete the form to unlock this article...

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Federal Reserve Bars CEO Convicted of Embezzlement From Banking Industry
Federal Reserve Bars CEO Convicted of Embezzlement From Banking Industry
November 21, 2024  |  Cybersecurity

The Federal Reserve Board said Thursday (Nov. 21) that it prohibited Shan Hanes, a former CEO of Heartland Tri-State Bank who was convicted of embezzlement,...

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New AI Agents Take on Management Jobs
New AI Agents Take on Management Jobs
November 21, 2024  |  Artificial Intelligence

A new breed of autonomous artificial intelligence called agents is taking over customer service and operations at major companies, making decisions that, until recently, required...

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