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.

SEC Says ‘SIM Swap’ Attack Enabled Takeover of X Account 

SEC Says ‘SIM Swap’ Attack Enabled Takeover of X Account 
SEC Says ‘SIM Swap’ Attack Enabled Takeover of X Account 
January 22, 2024  |  Security & Fraud

The Jan. 9 hack of the Securities and Exchange Commission’s (SEC) account on the social media platform X (formerly known as Twitter) was apparently the result of...

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Failed Payments in Cross-Border Sales Is an Unresolved Problem
Failed Payments in Cross-Border Sales Is an Unresolved Problem
January 22, 2024  |  eCommerce

Online commerce carries a number of risks related to digital fraud and payment failure that can result in lost sales and an erosion of brand...

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ElevenLabs Raises $80 Million for AI Voice Cloning Projects
ElevenLabs Raises $80 Million for AI Voice Cloning Projects
January 22, 2024  |  Investments

Voice technology firm ElevenLabs’ value has topped $1 billion after its latest funding round. Get the Full Story Complete the form to unlock this article and enjoy...

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CFPB Sues Strategic Financial Solutions Over Alleged Fee Collection
CFPB Sues Strategic Financial Solutions Over Alleged Fee Collection
January 19, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) announced Friday (Jan. 19) that it has launched a lawsuit against Strategic Financial Solutions (SFS), charging it with running an...

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LoanDepot Continues to Restore Business Operations Amid Cybersecurity Breach
LoanDepot Continues to Restore Business Operations Amid Cybersecurity Breach
January 19, 2024  |  Cybersecurity

LoanDepot continues to deal with a cybersecurity incident that began Jan. 8. Get the Full Story Complete the form to unlock this article and enjoy...

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AI’s Commercialization Puts Enterprise Security Under the Microscope
AI’s Commercialization Puts Enterprise Security Under the Microscope
January 19, 2024  |  Artificial Intelligence

Every technological advancement — including generative artificial intelligence — brings with it its own, updated variety of adversarial threats. Get the Full Story Complete the...

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Stablecoins Gain Ground With Fraudsters Looking to Move Beyond Bitcoin
Stablecoins Gain Ground With Fraudsters Looking to Move Beyond Bitcoin
January 18, 2024  |  Cryptocurrency

Stablecoins have held the promise of serving as a link between the cryptocurrency realm and traditional financial services. Get the Full Story Complete the form...

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More Than 80% of Firms Struggle to Discover What Causes Failed Payments
More Than 80% of Firms Struggle to Discover What Causes Failed Payments
January 18, 2024  |  Security & Fraud

Firms know that failed payments damage their reputation, lead to customer churn and increase staff workload. Get the Full Story Complete the form to unlock...

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Bankman-Fried’s Parents Seek to Quash FTX Lawsuit
Bankman-Fried’s Parents Seek to Quash FTX Lawsuit
January 17, 2024  |  Legal

Sam Bankman-Fried’s parents say they can’t be held accountable for their son’s actions at FTX. Get the Full Story Complete the form to unlock this article...

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