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.

Millions of Apple Apps Exposed to Potential Security Threat
Millions of Apple Apps Exposed to Potential Security Threat
July 03, 2024  |  Security & Fraud

Millions of Apple’s smartphone and computer/laptop apps were reportedly exposed to a security breach. The breach could be used for potential supply chain attacks, ArsTechnica...

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CDK Says It’s Recovering From Hack Faster Than Expected
CDK Says It’s Recovering From Hack Faster Than Expected
July 02, 2024  |  Fraud Attack

CDK Global has “substantially all” of its car dealership customers back online with their management systems, about two weeks after the company’s systems were taken...

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Pa. Health System Geisinger’s 1 Million-Patient Data Breach Leads to Lawsuit
Pa. Health System Geisinger’s 1 Million-Patient Data Breach Leads to Lawsuit
July 02, 2024  |  Security & Fraud

A patient affected by a “data security incident” involving Pennsylvania-based health system Geisinger has filed a class-action lawsuit against the company. Geisinger’s IT vendor, Microsoft-owned...

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BIS: Central Banks See Opportunities and Challenges From AI
BIS: Central Banks See Opportunities and Challenges From AI
July 02, 2024  |  Artificial Intelligence

Artificial intelligence is poised to transform the financial sector and broader economy, creating opportunities and risks that central banks must navigate carefully, according to a...

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3-D Secure Makes Payments Better for Merchants, Shoppers, Worse for Fraudsters
3-D Secure Makes Payments Better for Merchants, Shoppers, Worse for Fraudsters
July 02, 2024  |  Authentication

Success in today’s hyper-connected digital landscape boils down to two things: security and convenience. And the success of digital payments and eCommerce in the 21st...

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How Supplier-Friendly Card Solutions Improve Business Cash Flow
How Supplier-Friendly Card Solutions Improve Business Cash Flow
July 02, 2024  |  B2B Payments

Innovation is coming to the B2B space, providing businesses with streamlined and efficient payment solutions. Increasingly, these innovative B2B payment solutions are having a positive...

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Physical Cards Hold the Keys to a Passwordless Future
Physical Cards Hold the Keys to a Passwordless Future
July 02, 2024  |  Authentication

It’s a problem that has dogged chief information and security officers at companies big and small: You have to fight fraud at all costs, and...

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DOJ Announces Sentencing in Former Outcome Health Executives’ Fraud Convictions
DOJ Announces Sentencing in Former Outcome Health Executives’ Fraud Convictions
July 01, 2024  |  Legal

The Department of Justice (DOJ) has announced the sentences handed down to three former executives of Chicago-based health technology startup Outcome Health, who were convicted on...

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CDK Expects to Have Hacked Systems Restored by July 4
CDK Expects to Have Hacked Systems Restored by July 4
July 01, 2024  |  Security & Fraud

CDK Global is reportedly restoring its systems that were hacked and expects to have all the car dealerships using its platform live by the morning...

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