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.

Microsoft Sues North Korean Firm For Cybertheft
Microsoft Sues North Korean Firm For Cybertheft
December 30, 2019  |  Security & Fraud

Microsoft is suing a mysterious North Korean hacking group called Thallium for allegedly stealing sensitive information, according to reports. Get the Full Story Complete the...

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Deutsche, Mastercard Launch Spain’s First Dynamic Code Card
Deutsche, Mastercard Launch Spain’s First Dynamic Code Card
December 26, 2019  |  Security & Fraud

Deutsche Bank, Mastercard and IDEMIA are teaming up to introduce what they said is the first card in Spain to tap motion code technology, FinTech...

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Fraud Decisioning Pulls Ahead In A Tight Race
Fraud Decisioning Pulls Ahead In A Tight Race
December 26, 2019  |  Fraud Prevention

The cat-and-mouse game between law enforcement and code-abusing felons is entering a new year, and a new phase. The world’s biggest social media platforms are...

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Deep Dive: The Importance Of Taking Fraud Decisioning Strategies Omnichannel
Deep Dive: The Importance Of Taking Fraud Decisioning Strategies Omnichannel
December 26, 2019  |  Fraud Prevention

Online firms and their banking partners have both the means and motives to stop fraudsters from accessing personal information, but today’s connected economy encompasses markets...

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Bitcoin Daily: PBOC Says Digital Yuan Won’t Need Currency Reserves, Hackers Steal $480K From Nuls
Bitcoin Daily: PBOC Says Digital Yuan Won’t Need Currency Reserves, Hackers Steal $480K From Nuls
December 24, 2019  |  What's Hot

The People’s Bank of China said that China’s cryptocurrency, the digital yuan, will not need a currency basket to keep its value, according to a...

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How TripAdvisor Put The Kibosh On 1M Fake Reviews With Machine Learning
How TripAdvisor Put The Kibosh On 1M Fake Reviews With Machine Learning
December 23, 2019  |  Fraud Prevention

Reviews are a critical part of the online travel economy, with online shoppers poring over feedback to decide which companies to patronize. But false reviews...

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FBI Helps Businesses Outwit Fraudsters By Deploying Decoy Data
FBI Helps Businesses Outwit Fraudsters By Deploying Decoy Data
December 23, 2019  |  Security & Fraud

The Federal Bureau of Investigation is working firsthand with companies to outsmart cybercriminals by deploying decoy data, Ars Technica reported on Friday (Dec. 20). Get...

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Lloyds To Make Special £35K Payout To HBOS Fraud Victims
Lloyds To Make Special £35K Payout To HBOS Fraud Victims
December 22, 2019  |  B2B Payments

To regain trust following an independent review that deemed its compensation plan to not be “fair and reasonable,” and which had to be redetermined, Lloyds...

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F5 Adds To Portfolio With $1B Shape Security Acquisition
F5 Adds To Portfolio With $1B Shape Security Acquisition
December 20, 2019  |  Partnerships / Acquisitions

To add protection from targeted fraud, automated attacks and botnets to its portfolio of application services, F5 will acquire fraud and abuse prevention company Shape Security....

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