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.

Almost All of AT&T’s Wireless Customers Hacked as Snowflake Breach Snowballs
Almost All of AT&T’s Wireless Customers Hacked as Snowflake Breach Snowballs
July 12, 2024  |  Security & Fraud

The interconnected global operating landscape has never held more opportunity for businesses. Or more threats. Gaining a deeper understanding of the threat landscape and the...

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AT&T Says Call, Text Records of ‘Nearly All’ Customers Stolen
AT&T Says Call, Text Records of ‘Nearly All’ Customers Stolen
July 12, 2024  |  Security & Fraud

AT&T said Friday (July 12) that records of calls and texts of nearly all its wireless customers and others using its network were stolen in...

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Markaaz CEO Says New Take on Data Helps Banks Close Small Business Identity Gap
Markaaz CEO Says New Take on Data Helps Banks Close Small Business Identity Gap
July 11, 2024  |  Authentication

How do you really know a business? The credit score can be misleading, especially for a small business that has weathered the pandemic. A profit...

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Sonar Launches Service Identifying Compromised Customer Data
Sonar Launches Service Identifying Compromised Customer Data
July 10, 2024  |  Security & Fraud

Fraud data sharing consortium Sonar has launched a new service that helps banks and FinTechs verify if their customer data has been compromised in a breach...

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OCC Head: ‘Tried-and-True Scams’ Remain Common in Financial Fraud
OCC Head: ‘Tried-and-True Scams’ Remain Common in Financial Fraud
July 10, 2024  |  Security & Fraud

Banks can help combat fraud targeting consumers by verifying the accuracy of transactions, educating the public, and maintaining strong controls and fraud monitoring capabilities, Acting...

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Two Former FTX Executives to Be Sentenced in October, November
Two Former FTX Executives to Be Sentenced in October, November
July 09, 2024  |  Legal

Two former FTX executives who testified against the cryptocurrency exchange’s co-founder, Sam Bankman-Fried, now know when they will face sentencing hearings. Nishad Singh will be...

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Report: Interpol Scam Crackdown Puts Focus on Online Payments Security
Report: Interpol Scam Crackdown Puts Focus on Online Payments Security
July 09, 2024  |  Security & Fraud

Interpol — short for the International Criminal Police Organization — may be familiar to readers as a staple of spy and action movies … where...

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Discover Global CISO on the Connection Between Security and Customer Lifetime Value
Discover Global CISO on the Connection Between Security and Customer Lifetime Value
July 08, 2024  |  Security & Fraud

When it comes to securing payments, one can never be too safe. As digital transactions increase and technology advances at breakneck speed, so do the...

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Identity Watchdog Group Says GenAI Has Spiked Job Scams
Identity Watchdog Group Says GenAI Has Spiked Job Scams
July 07, 2024  |  artificial intelligence

Generative artificial intelligence (AI) helped drive a 118% increase in job scams in 2023. The Identity Theft Resource Center (ITRC) said in a June 26 press...

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