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.

NatWest Faces $350M in Fines After Guilty Plea in Money Laundering Case
NatWest Faces $350M in Fines After Guilty Plea in Money Laundering Case
December 13, 2021  |  Security & Fraud

NatWest, a U.K. state-backed bank, must pay 265 million pounds (about $350 million) after pleading guilty to failing to prevent money laundering, Reuters reported. Get...

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Bitcoin Daily: India PM Modi’s Twitter Account Hacked With Fake Bitcoin Message; 90% of All Bitcoin Has Been Mined, Data Says
Bitcoin Daily: India PM Modi’s Twitter Account Hacked With Fake Bitcoin Message; 90% of All...
December 13, 2021  |  Bitcoin

The Twitter account of India’s Prime Minister, Narendra Modi, was hacked Sunday (Dec. 12) morning, with a fake tweet proclaiming that bitcoin was now legal...

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From Bullet-Proof Glass to eCommerce Shift, Crime Spree Spawns Rethink on Retail
From Bullet-Proof Glass to eCommerce Shift, Crime Spree Spawns Rethink on Retail
December 13, 2021  |  Retail

You’ve seen the shocking videos and read the growing news reports. U.S. retailers are under siege from an unprecedented attack of organized criminals helping themselves...

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ID Verification Helps Food Aggregators Reduce Friendly Fraud
ID Verification Helps Food Aggregators Reduce Friendly Fraud
December 13, 2021  |  Authentication

With the rapid rise of food delivery services has come the concurrent rise of food delivery fraud. Get the Full Story Complete the form to...

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Department of Homeland Security Warns of Vulnerability in Commonly Used Software
Department of Homeland Security Warns of Vulnerability in Commonly Used Software
December 12, 2021  |  Security & Fraud

The Department of Homeland Security’s Cybersecurity and Infrastructure Security Agency (CISA) is warning of a vulnerability affecting products containing the log4j software library, according to...

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Ridesharing, Food Delivery Drivers Among Victims of Violent Crimes
Ridesharing, Food Delivery Drivers Among Victims of Violent Crimes
December 12, 2021  |  Security & Fraud

Drivers for ridesharing and food delivery companies have been among those who have been victimized during a nationwide surge in the number of carjackings and...

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Employee Insiders Suspected of Stealing UK Banking Data
Employee Insiders Suspected of Stealing UK Banking Data
December 12, 2021  |  Security & Fraud

Fraudsters-turned-bank-employees are suspected of infiltrating U.K. financial institutions (FIs) and committing crimes, The Telegraph reported. Get the Full Story Complete the form to unlock this...

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Supply Chain Fragmentation Heightens Business Payments Fraud Risk
Supply Chain Fragmentation Heightens Business Payments Fraud Risk
December 10, 2021  |  Security & Fraud

Payment fraud is always evolving. What is considered a fraudulent attack today might not have even been possible 5 or 10 years ago. Get the...

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CVS Health CEO Says Online Marketplaces Spur Thefts
CVS Health CEO Says Online Marketplaces Spur Thefts
December 09, 2021  |  Retail

CVS Health Chief Executive Karen Lynch said the drugstore chain is trying to help end a trend of smash-and-grab robberies. Get the Full Story Complete...

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