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.

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
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...

READ MORE >
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...

READ MORE >
FBI Helps Businesses Outwit Fraudsters By Deploying Decoy Data
FBI Helps Businesses Outwit Fraudsters By Deploying Decoy Data
December 23, 2019  |  Cybersecurity

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...

READ MORE >
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...

READ MORE >
F5 Adds To Portfolio With $1B Shape Security Acquisition
F5 Adds To Portfolio With $1B Shape Security Acquisition
December 20, 2019  |  Partnerships

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....

READ MORE >
Wawa Says Thousands Affected By Data Breach
Wawa Says Thousands Affected By Data Breach
December 20, 2019  |  Cybersecurity

Gas station and convenience store chain Wawa said it discovered a data breach in which thousands of customers’ debit and credit card information was stolen,...

READ MORE >
Top News In Payments: Facebook Is Developing Its Own OS; PayPal Acquires 70 Pct Stake In China’s GoPay
Top News In Payments: Facebook Is Developing Its Own OS; PayPal Acquires 70 Pct Stake...
December 20, 2019  |  News

In today’s top news, Facebook is developing its own operating system to increase its independence, and PayPal is acquiring a 70 percent stake in China’s...

READ MORE >
American Airlines And Citi Crack Down On Account Abuse
American Airlines And Citi Crack Down On Account Abuse
December 20, 2019  |  Loyalty & Rewards

Citi and American Airlines have cracked down on customers they say are abusing the airline’s rewards program, signing up for multiple accounts fraudulently just to...

READ MORE >