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.

Security Breach Exposes Data Of 3.3 M Volkswagen, Audi Customers, Interested Buyers
Security Breach Exposes Data Of 3.3 M Volkswagen, Audi Customers, Interested Buyers
June 11, 2021  |  Security & Fraud

(Editor’s Note: The original version of this story has been updated with new comments from VW)  Get the Full Story Complete the form to unlock...

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Payments Orchestration Key To Fraud-Proofing Global Platforms
Payments Orchestration Key To Fraud-Proofing Global Platforms
June 11, 2021  |  Security & Fraud

The landscape has been changing for payments fraud thus far in 2021, and that change will continue. Get the Full Story Complete the form to...

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Federal Judge Orders 2012 Charge Against MoneyGram To Be Tossed
Federal Judge Orders 2012 Charge Against MoneyGram To Be Tossed
June 10, 2021  |  Security & Fraud

MoneyGram has had its anti-money laundering charges dismissed, according to a Wall Street Journal (WSJ) report on Thursday (June 10). Get the Full Story Complete...

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Wray: Companies Should Not Pay Ransoms In Cyberattacks
Wray: Companies Should Not Pay Ransoms In Cyberattacks
June 10, 2021  |  Security & Fraud

FBI Director Christopher Wray said companies and organizations that are the victims of ransomware attacks should contact law enforcement quickly instead of paying to unlock...

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RealPage Intros Identity Fraud Prevention Tool For Real Estate Industry
RealPage Intros Identity Fraud Prevention Tool For Real Estate Industry
June 10, 2021  |  Real Estate

RealPage has launched Identity Verification, which it says is the real estate industry’s first comprehensive tool for preventing fraud at multiple touchpoints across the leasing...

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JBS Meat Supplier Paid Cybercriminals $11 Million Ransom
JBS Meat Supplier Paid Cybercriminals $11 Million Ransom
June 10, 2021  |  Security & Fraud

JBS, the world’s biggest meat processing company, said it paid the equivalent of $11 million in ransom after its company was hacked by cyber thieves...

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PYMNTS Data Brief: 84 Pct Of Consumers Expect New SMB Merchants To Guard Data
PYMNTS Data Brief: 84 Pct Of Consumers Expect New SMB Merchants To Guard Data
June 10, 2021  |  Safety and Security

The connected economy is being shadowed by a despicable construct: the fraud economy, where people aren’t the legit customers they pretend to be. The damage...

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Bitcoin Daily: China Arrests 1,100 In Crypto Money Laundering Sting; Blockchain Startup Solana Labs Nets $314 Million For DeFi Tech
Bitcoin Daily: China Arrests 1,100 In Crypto Money Laundering Sting; Blockchain Startup Solana Labs Nets...
June 09, 2021  |  Bitcoin

The Chinese police have arrested about 1,100 people on money laundering charges, CoinDesk reported, adding those arrested were allegedly using crypto to evade the law....

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To Win The War On Fraud, FIs Must Become FPs (Financial Protectors)
To Win The War On Fraud, FIs Must Become FPs (Financial Protectors)
June 08, 2021  |  Security & Fraud

We’re all using apps more than ever before – especially to bank, make payments and get money into the hands of friends and family with...

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