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.

Report: Cyber Threats Growing at 90% of Companies
Report: Cyber Threats Growing at 90% of Companies
May 13, 2024  |  Cybersecurity

For American businesses, the threat of cyberattacks continues to grow. Ninety percent of companies say their cybersecurity risks increased in the last year, according to a survey of...

READ MORE >
Porch Group Sues China Construction Bank, Alleging Reinsurance Fraud
Porch Group Sues China Construction Bank, Alleging Reinsurance Fraud
May 10, 2024  |  Legal

Porch Group, a U.S. homeowners insurance and home inspection software company, reportedly sued China Construction Bank (CCB), alleging reinsurance fraud. In its complaint, Porch alleged that the...

READ MORE >
Dell Data Breach Underscores Rising Cost of Cybersecurity Complacency
Dell Data Breach Underscores Rising Cost of Cybersecurity Complacency
May 10, 2024  |  Cybersecurity

As digital becomes an operational imperative, so too does enterprise cybersecurity. Progress must be protected. With the news Thursday (May 9) that Dell suffered a security breach earlier this...

READ MORE >
Online Merchants Grapple With Surge in Sophisticated Counterfeit Goods Scheme
Online Merchants Grapple With Surge in Sophisticated Counterfeit Goods Scheme
May 09, 2024  |  Fraud Attack

The internet has been both a blessing and a curse to society and commerce alike.  And with the news Wednesday (May 8) that a criminal network...

READ MORE >
Tesla’s Autopilot Scandal Puts Future of Autonomous Transport Under Microscope
Tesla’s Autopilot Scandal Puts Future of Autonomous Transport Under Microscope
May 09, 2024  |  Transportation

If you take your hands off the wheel, you might crash.  That proverbial piece of advice, commonly leveled at business leaders and managers, has taken...

READ MORE >
Manhattan District Attorney Announces Organized Retail Theft-Related Indictments
Manhattan District Attorney Announces Organized Retail Theft-Related Indictments
May 09, 2024  |  Retail

The Manhattan District Attorney’s Office indicted a business and two individuals as part of an effort to fight organized retail theft. District Attorney Alvin Bragg announced the indictment of...

READ MORE >
Experts Say OpenAI and Amazon Are Keepin’ It Real for AI
Experts Say OpenAI and Amazon Are Keepin’ It Real for AI
May 08, 2024  |  Artificial Intelligence

In a world increasingly flooded with artificial intelligence-generated content, tech behemoths are now locked in a high-stakes battle to develop cutting-edge tools that distinguish between...

READ MORE >
Retail Shoppers Pay by Debit Card in Stores but by Credit Online
Retail Shoppers Pay by Debit Card in Stores but by Credit Online
May 08, 2024  |  Payment Methods

When shopping in stores, retail customers prefer to pay with debit, but eCommerce is a different story. By the Numbers According to an October survey of...

READ MORE >
Nearly Half of Enterprise Merchants Are Beefing Up Security Online
Nearly Half of Enterprise Merchants Are Beefing Up Security Online
May 08, 2024  |  Cybersecurity

Eighty-two percent of eCommerce merchants experienced cyberattacks or data breaches in the last year, according to PYMNTS Intelligence’s “Fraud Management in Online Transactions. The study was...

READ MORE >