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.

Hackers Swipe Bored Ape Yacht Club NFTs After Crashing Discord and Instagram Accounts
Hackers Swipe Bored Ape Yacht Club NFTs After Crashing Discord and Instagram Accounts
April 25, 2022  |  Cryptocurrency

Hackers took over Bored Ape Yacht Club’s Instagram account and Discord server Monday (April 25), sending an unofficial link to followers to “mint” non-fungible tokens...

READ MORE >
Mastercard, Microsoft Debut Next-Gen ID Tech for Safer Online Shopping
Mastercard, Microsoft Debut Next-Gen ID Tech for Safer Online Shopping
April 25, 2022  |  Digital Identity

Mastercard and Microsoft Corp. have launched a refreshed identity solution designed to improve online shopping and detect digital fraud, the companies announced Monday (April 25)....

READ MORE >
NY State Senator’s Bill Builds Legal Framework to Prosecute Crypto Crimes
NY State Senator’s Bill Builds Legal Framework to Prosecute Crypto Crimes
April 25, 2022  |  Security & Fraud

Kevin Thomas, a New York state senator, has introduced a new bill amendment that would establish some offenses related to rug pulls and other frauds...

READ MORE >
Intuit Faces Class-Action Lawsuit Over Trezor Phishing Hack
Intuit Faces Class-Action Lawsuit Over Trezor Phishing Hack
April 24, 2022  |  Legal

Intuit is facing a class-action lawsuit for reportedly not securing its email marketing service, Bloomberg reported Friday (April 22). Get the Full Story Complete the...

READ MORE >
Nevada Man Charged in 20-Count Fraudulent Check Indictment
Nevada Man Charged in 20-Count Fraudulent Check Indictment
April 22, 2022  |  Security & Fraud

A Las Vegas grand jury on Wednesday (April 20) indicted Michael Zeto, 76, of Las Vegas on 20 counts of using fraudulent checks to steal...

READ MORE >
SEON CEO Says Rising Cyber Threat Requires Multi-Provider Security Approach
SEON CEO Says Rising Cyber Threat Requires Multi-Provider Security Approach
April 22, 2022  |  Security & Fraud

From criminals creating fake accounts using stolen or synthetic identities, to exploiting the traditional onboarding process, to capitalizing on data breaches to launch credential stuffing...

READ MORE >
Citing ‘Cryptoization’ as a Sanctions Threat, IMF Calls for Capital Controls
Citing ‘Cryptoization’ as a Sanctions Threat, IMF Calls for Capital Controls
April 21, 2022  |  Regulation

Citing sanction-busting fears that have grown since Russia’s invasion of Ukraine, the International Monetary Fund (IMF) has called for a global crackdown on cryptocurrencies that...

READ MORE >
Today in Data: Everyone Plays a Role in Combating Online Fraud
Today in Data: Everyone Plays a Role in Combating Online Fraud
April 21, 2022  |  Today In Data

Today in data, online fraud continues to be a growing problem, with 81% of global organizations seeing increasing cyberthreats and 79% experiencing downtime because of...

READ MORE >
OCC’s Rule on SARs May Boost Innovation on AML Reporting
OCC’s Rule on SARs May Boost Innovation on AML Reporting
April 21, 2022  |  AML

On May 1, a new rule issued by the Office of the Comptroller of the Currency (OCC) that modifies the requirements for national banks and...

READ MORE >