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.

EU Consumer Group Says Tech Giants Failed to Block Scam Ads

EU Consumer Group Says Tech Giants Failed to Block Scam Ads
EU Consumer Group Says Tech Giants Failed to Block Scam Ads
May 21, 2026  |  Cybersecurity

The European Consumer Organisation (BEUC), a consumer group in the European Union, said in a Thursday (May 21) press release that Google, Meta and TikTok...

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Apple Says App Store Shut Down 1 Billion Fake Accounts in 2025
Apple Says App Store Shut Down 1 Billion Fake Accounts in 2025
May 20, 2026  |  Fraud Prevention

Apple’s App Store prevented $2.2 billion in fraudulent transactions last year. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Mastercard Intros Strategy to Ferret Out Scam Merchants
Mastercard Intros Strategy to Ferret Out Scam Merchants
May 19, 2026  |  Mastercard

Mastercard wants to help banks and payment companies separate legitimate merchants and scammers. Get the Full Story Complete the form to unlock this article and...

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Anthropic Will Update Regulators on Mythos’ Cyber Vulnerability Findings
Anthropic Will Update Regulators on Mythos’ Cyber Vulnerability Findings
May 18, 2026  |  Cybersecurity

Anthropic will reportedly meet with financial regulators about cyber defense weaknesses uncovered by its artificial intelligence model. Get the Full Story Complete the form to...

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Elliptic CEO Says AI Could Overwhelm Financial Compliance Teams
Elliptic CEO Says AI Could Overwhelm Financial Compliance Teams
May 18, 2026  |  Cryptocurrency

Cryptocurrency security firms are rethinking compliance as artificial intelligence plays a larger role in financial transactions, CoinDesk reported Monday (May 18). Get the Full Story...

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AI Cyber Threats Shake Crypto Industry
AI Cyber Threats Shake Crypto Industry
May 15, 2026  |  Cybersecurity

The April hacks of crypto companies Drift and Kelp DAO have shaken the crypto sector because those attacks may have been aided by artificial intelligence (AI), Bloomberg reported Friday...

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The Next Bank Run May Start With an AI Hack, Not Bad Loans
The Next Bank Run May Start With an AI Hack, Not Bad Loans
May 15, 2026  |  Cybersecurity

Artificial intelligence is becoming part of the everyday operating system of financial services, from fraud detection and identity checks to customer service and transaction monitoring....

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35% of Firms Delay Embedded Finance Over Fraud Fears
35% of Firms Delay Embedded Finance Over Fraud Fears
May 14, 2026  |  Fraud Prevention

Embedded finance is giving businesses a faster way to move money, but its next stage of growth may depend on how well companies build security...

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