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.

AI/BOTS: Machine Learning Tips Online Fraud Scales
AI/BOTS: Machine Learning Tips Online Fraud Scales
July 25, 2017  |  Artificial Intelligence

Technological advances are pushing the boundaries for what’s possible in a variety of industries. Within the retail industry specifically, artificial intelligence (AI) is moving the...

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With CNP Fraud, Vigilance Is Only Part Of The Battle
With CNP Fraud, Vigilance Is Only Part Of The Battle
July 25, 2017  |  Fraud Prevention

With EMV changing the way payments are made in person, so, too, is the nature of fraud changing. Card not present (CNP) fraud is becoming a...

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Russia And US May Form Cybersecurity Team
Russia And US May Form Cybersecurity Team
July 21, 2017  |  Politics

In the midst of tense Senate Intelligence Committee testimonials about Russia’s involvement with the U.S. election, there are talks circulating of the two countries working...

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Europe, CNP Fraud Trendsetter?
Europe, CNP Fraud Trendsetter?
July 21, 2017  |  Europe

 Europe sets the pace for fashion, finance … and fraud? As EMV gains traction in the States, the chip card revolution on the Continent has already...

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Digital Shadows Study Discovers Online Schools For Cybercriminals
Digital Shadows Study Discovers Online Schools For Cybercriminals
July 20, 2017  |  Fraud Attack

Digital Shadows, the industry leader in digital risk management, revealed its findings on the changing habits and tactics of organized credit card fraud gangs, discovering...

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FTC: Fraudsters Posed As Attorneys In Debt Collection Scheme
FTC: Fraudsters Posed As Attorneys In Debt Collection Scheme
July 18, 2017  |  Security & Fraud

The Federal Trade Commission (FTC) is putting the kibosh on a debt collection operation’s illegal activity. The operation had been extorting money from consumers, who...

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CoinDash: Hackers Made Off With $7M During ICO
CoinDash: Hackers Made Off With $7M During ICO
July 18, 2017  |  Security & Fraud

The clinking sound you heard was someone making off with the cryptocurrency.  CoinDash, the startup focused on blockchain, reported Bloomberg News, has been the victim...

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Online Lending’s New “Colossus”
Online Lending’s New “Colossus”
July 18, 2017  |  B2B Payments

It used to be that small businesses needing loans could wait weeks or months for a decision from the provider, with pre-qualification steps taking up...

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Wells Fargo Spinning Off Businesses Following Scandal
Wells Fargo Spinning Off Businesses Following Scandal
July 17, 2017  |  Banking

Following a fake accounts scandal and thousands of employees committing fraud, Wells Fargo has been in hot water over the past few months, and it...

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