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.

Bye Bye, Buy Button: FIS’ Kresse Says Social, Wearables, Contextual Are The Future
Bye Bye, Buy Button: FIS’ Kresse Says Social, Wearables, Contextual Are The Future
June 08, 2021  |  Payment Methods

In this new epoch of payments, technologies and channels that were still experimental last year are going mainstream at speed — none more so than...

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Bitcoin Daily: FTC Says Bitcoin Boom Draws Fraudsters; Basel Committee Advises Avoiding Crypto
Bitcoin Daily: FTC Says Bitcoin Boom Draws Fraudsters; Basel Committee Advises Avoiding Crypto
June 07, 2021  |  Bitcoin

A recent bitcoin boom is attracting scammers, The Wall Street Journal (WSJ) reported, citing the Federal Trade Commission (FTC). The lack of regulation and the...

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US Recovers $2.3 Million In Crypto From Colonial Pipeline Hacking Ransom
US Recovers $2.3 Million In Crypto From Colonial Pipeline Hacking Ransom
June 07, 2021  |  Cryptocurrency

The U.S. has recovered millions of dollars’ worth of cryptocurrency paid to the hackers of the Colonial Pipeline as ransom, CNN reported. Get the Full...

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FBI’s Christopher Wray: Ransomware Threats Akin To 9/11 Attacks
FBI’s Christopher Wray: Ransomware Threats Akin To 9/11 Attacks
June 04, 2021  |  Security & Fraud

The Federal Bureau of Investigation (FBI) is investigating roughly 100 varieties of ransomware, The Wall Street Journal reported on Friday (June 4). These challenges, many of...

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With Credit Card Fraud Facing Extinction, ID Theft Looks To Fill The Void
With Credit Card Fraud Facing Extinction, ID Theft Looks To Fill The Void
June 04, 2021  |  Security & Fraud

The good news is we may finally be witnessing the end of credit card fraud. The bad news, however, is that the online fraudsters and...

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DOJ Vows To Prioritize Ransomware Investigations
DOJ Vows To Prioritize Ransomware Investigations
June 03, 2021  |  Security & Fraud

The U.S. Department of Justice (DOJ) is prioritizing investigations into ransomware, Reuters reported. Get the Full Story Complete the form to unlock this article and...

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Ex-SEC Enforcer: Cryptocurrencies ‘Essence Of Ransomware’
Ex-SEC Enforcer: Cryptocurrencies ‘Essence Of Ransomware’
June 03, 2021  |  Cryptocurrency

Investors in digital currency are helping online hackers get away with their crimes, the Securities and Exchange Commission (SEC) internet enforcement office founder said Thursday...

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Crypto’s Troubling Rise And Role In Growing Ransomware Attacks
Crypto’s Troubling Rise And Role In Growing Ransomware Attacks
June 03, 2021  |  Security & Fraud

Growing instances of bitcoin being used to demand ransom payments suggest that the best-known cryptocurrency is gaining popularity among cyber criminals. From pipelines to meat...

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Ferry Operator Serving Cape Cod, Martha’s Vineyard Attacked With Ransomware
Ferry Operator Serving Cape Cod, Martha’s Vineyard Attacked With Ransomware
June 02, 2021  |  Security & Fraud

The Massachusetts Steamship Authority, which operates ferries serving the summer hot spots Martha’s Vineyard, Nantucket and Cape Cod, announced on Twitter Wednesday (June 2) that...

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