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.

US Probes Hack Of Treasury, Commerce Department

US Probes Hack Of Treasury, Commerce Department
US Probes Hack Of Treasury, Commerce Department
December 13, 2020  |  Cybersecurity

Attacks by hackers linked to the Russian government against the U.S. Department of the Treasury, the U.S. Department of Commerce and its National Telecommunications and...

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Crypto, Kleptos And The Digital Identity Showdown
Crypto, Kleptos And The Digital Identity Showdown
December 11, 2020  |  AML

As goes banking, so goes fraud. It has ever been thus. Money laundering and terrorist financing also go on the list these days, perhaps like...

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Video-Based KYC Fixes Its Gaze On Fraudsters
Video-Based KYC Fixes Its Gaze On Fraudsters
December 11, 2020  |  Authentication

Hide and seek is fun when you’re five, but it’s a tedious cat-and-mouse affair after you grow up and it turns into an interminable bout...

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FinCEN: FI Data Sharing Vital In Crime Prevention
FinCEN: FI Data Sharing Vital In Crime Prevention
December 10, 2020  |  Cybersecurity

Financial Crimes Enforcement Network (FinCEN) Director Kenneth A. Blanco, speaking on Thursday (Dec. 10) about ways to stop financial crime, said one of the key...

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TSYS Attacked With Ransomware, Has Data Posted Online
TSYS Attacked With Ransomware, Has Data Posted Online
December 10, 2020  |  Cybersecurity

TSYS, a payment processing company, has suffered a ransomware attack and had some data posted online, according to a report from Krebs on Security. Get...

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Bitcoin Daily: DBS Launches Digital Asset Exchange; BitLipa Users Can Buy, Sell Crypto On Paxful; Oyster Pearl Blockchain Founder Faces Tax Evasion Charges
Bitcoin Daily: DBS Launches Digital Asset Exchange; BitLipa Users Can Buy, Sell Crypto On Paxful;...
December 10, 2020  |  Bitcoin

Financial services firm DBS announced in a press release Thursday (Dec. 10) that it is launching a “members-only” digital exchange for integrated digital asset tokenization,...

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Bitcoin Daily: Latin American Gangs Use Crypto In Money Laundering, Report Says; Data Shows 13 Pct Of Illegal Crypto Went Through Privacy Wallets In 2020
Bitcoin Daily: Latin American Gangs Use Crypto In Money Laundering, Report Says; Data Shows 13...
December 09, 2020  |  Bitcoin

Gangs in Latin America are increasingly turning to cryptocurrency to operate illegal trades of drugs, guns, sex and people, Reuters reported. Get the Full Story...

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Refinitiv Completes Purchase Of GIACT For Fraud Prevention Expansion
Refinitiv Completes Purchase Of GIACT For Fraud Prevention Expansion
December 09, 2020  |  Cybersecurity

Finance data and infrastructure-service provider Refinitiv announced Wednesday (Dec. 9) that it’s successfully completed its acquisition of GIACT and has expanded its suite of products for fraud prevention and...

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