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.

Pandemic Hackers Swiped $36 Billion From Unemployment Coffers

Pandemic Hackers Swiped $36 Billion From Unemployment Coffers
Pandemic Hackers Swiped $36 Billion From Unemployment Coffers
January 05, 2021  |  Cybersecurity

Federal and state governments are cracking down on unemployment after an estimated $36 billion was swiped, most of it relating to Pandemic Unemployment Assistance (PUA),...

READ MORE >
Sweeping Bad Actors Out Of The Trusted Debit Space
Sweeping Bad Actors Out Of The Trusted Debit Space
January 05, 2021  |  Next-Gen Debit

Did you know that 80 percent of customers prefer debit cards for everyday purchases? Or that as the average customer spends up to 100 percent...

READ MORE >
Facial ID Emerges As Effective Fraud Defense
Facial ID Emerges As Effective Fraud Defense
January 05, 2021  |  Digital Identity

With digital use soaring during the pandemic and fraud on the rise, new research shows the best weapon in the war against unwanted transactions might...

READ MORE >
Proposed Criminal Law Could Penalize New Yorkers For Skipping COVID Vaccine Lines
Proposed Criminal Law Could Penalize New Yorkers For Skipping COVID Vaccine Lines
January 04, 2021  |  Economy

It could soon become illegal for companies or individuals to sell or administer coronavirus vaccinations to New Yorkers who are trying to bypass the line,...

READ MORE >
IRS Warns Of Scams With Second Round Of Stimulus Funds
IRS Warns Of Scams With Second Round Of Stimulus Funds
January 04, 2021  |  Fraud Prevention

As the second round of stimulus money is distributed, the Internal Revenue Service (IRS) has issued a warning that people need to be vigilant about...

READ MORE >
Congress Eyes New AML Rules For Antiquities Trade
Congress Eyes New AML Rules For Antiquities Trade
January 03, 2021  |  AML

New legislation passed by Congress will implement new regulations on the antiquities trade in order to hopefully crack down on the possibility of money laundering...

READ MORE >
Businesses Get Wary Of Trade-Based Money Laundering
Businesses Get Wary Of Trade-Based Money Laundering
January 03, 2021  |  B2B Payments

The Financial Action Task Force (FATF) is warning of new ways of money laundering via exports like onions, potatoes, soft fruits or expensive cars, a...

READ MORE >
T-Mobile: Hackers Accessed Customer Call Data
T-Mobile: Hackers Accessed Customer Call Data
January 03, 2021  |  Cybersecurity

T-Mobile has told some customers of a “security incident” in which a malicious party “may have impacted some of your T-Mobile account information.” Get the...

READ MORE >