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.

Scam-Related Fraud Jumped 56% in 2024, Surpassing Digital Payment Crimes
Scam-Related Fraud Jumped 56% in 2024, Surpassing Digital Payment Crimes
December 10, 2024  |  Security & Fraud

As digital transactions play a role in the financial landscape, financial institutions invest heavily in fraud prevention tools. Get the Full Story Complete the form...

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British Think Tank: Paying Whistleblowers Could Be ‘Pivotal’ in Preventing Fraud
British Think Tank: Paying Whistleblowers Could Be ‘Pivotal’ in Preventing Fraud
December 08, 2024  |  Fraud Prevention

A British defense/security think tank says the country should pay whistleblowers to prevent fraud. Get the Full Story Complete the form to unlock this article...

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BEC and Phishing Attacks Surge, Exploiting New Domain Names
BEC and Phishing Attacks Surge, Exploiting New Domain Names
December 06, 2024  |  Cybersecurity

Technology begets opportunity, for both successful companies and fraudsters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Equifax and Mastercard Partner on Fraud Management in Latin America
Equifax and Mastercard Partner on Fraud Management in Latin America
December 05, 2024  |  Partnerships

Equifax and Mastercard have partnered to provide fraud management tools to businesses in Latin America, excluding Brazil. Get the Full Story Complete the form to unlock this...

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FTC Sends $500K to Consumers in Vivint Credit Report Case
FTC Sends $500K to Consumers in Vivint Credit Report Case
December 05, 2024  |  Security & Fraud

The FTC is sending almost $500,000 in payments to consumers it says were harmed by Vivint Smart Homes. Get the Full Story Complete the form to unlock this...

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Socure’s Friendly Fraud Fighting Consortium Hits Data Collection ‘Milestone’
Socure’s Friendly Fraud Fighting Consortium Hits Data Collection ‘Milestone’
December 05, 2024  |  Fraud Prevention

Socure says it has reached a milestone in its collaborative effort to combat “friendly fraud.” Get the Full Story Complete the form to unlock this article...

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Government Agencies Suggest Practices to Combat Elder Financial Exploitation
Government Agencies Suggest Practices to Combat Elder Financial Exploitation
December 04, 2024  |  Fraud Prevention

Financial institutions play an important role in combating elder financial exploitation and in supporting the victims of these crimes, federal and state agencies said Wednesday...

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Social Engineering Game Exposes AI’s Achilles’ Heel, Experts Say
Social Engineering Game Exposes AI’s Achilles’ Heel, Experts Say
December 03, 2024  |  artificial intelligence

A user needed just a few carefully crafted sentences to override an artificial intelligence system’s core directives, manipulating it into transferring $47,000 in cryptocurrency through...

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Staying Safe From AI’s Surging Enterprise Threat This Cyber Monday
Staying Safe From AI’s Surging Enterprise Threat This Cyber Monday
December 02, 2024  |  Cybersecurity

Cyber Monday is the ultimate digital shopping event. But this year, the stakes are higher than ever — and it is all due to artificial...

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