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.

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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Grocers Tackle Escalating Theft and Fraud Crisis
Grocers Tackle Escalating Theft and Fraud Crisis
July 05, 2024  |  Retail

In recent years, the grocery sector has faced a burgeoning challenge: the rising tide of theft and fraud. According to data from the Food Industry...

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Report: Hacker Stole Details of OpenAI’s Tech
Report: Hacker Stole Details of OpenAI’s Tech
July 05, 2024  |  Security & Fraud

OpenAI was reportedly hacked last year, raising security fears at the artificial intelligence company. The hacker accessed the company’s in-house messaging system and made off...

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2024 Is Already the Year of the Cyberattack
2024 Is Already the Year of the Cyberattack
July 04, 2024  |  Cybersecurity

It’s the summer of steals, not the summer of deals, for businesses suffering cyber breaches. That’s because, as the world goes digital, fraudsters are constantly...

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AI’s Tour de France Showing Generates Controversy
AI’s Tour de France Showing Generates Controversy
July 04, 2024  |  Artificial Intelligence

The promise of artificial intelligence to generate images from simple text prompts has captured imaginations, with tools like DALL-E and Midjourney producing visuals. Yet, as...

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Hawk Updates AI Platform to Enhance Financial Crime Detection
Hawk Updates AI Platform to Enhance Financial Crime Detection
July 03, 2024  |  artificial intelligence

Hawk’s artificial intelligence (AI)-powered anti-financial crime platform now includes additional capabilities for spotting risk by identifying links between data points. The company’s new Entity Risk...

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