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.

Catching Criminals Difficult Due To Spread Of Government Cyber Tools
Catching Criminals Difficult Due To Spread Of Government Cyber Tools
June 01, 2017  |  Security & Fraud

Sophisticated government spying tools are spreading like wildfire in the underground criminal market. As a result, amateur hackers are being mistaken for high-profile, government groups....

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Appeals Court Upholds Life Sentence For Silk Road Creator
Appeals Court Upholds Life Sentence For Silk Road Creator
June 01, 2017  |  News

Silk Road founder Ross Ulbricht lost his bid to get out from a life sentence for operating the underground illegal drug marketplace. According to a report in...

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RSA Report: Digital Security As A Competitive Advantage
RSA Report: Digital Security As A Competitive Advantage
June 01, 2017  |  News

An annual report by RSA shows how consumers perceive the security of their digital experience, where those perceptions are well (or poorly) founded and how...

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Refunds Coming To Customers Who Bought Coffee Supplements At Retail Locations
Refunds Coming To Customers Who Bought Coffee Supplements At Retail Locations
May 31, 2017  |  Retail

The Federal Trade Commission (FTC) announced in a press release that it is mailing additional refund checks totaling $1.9 million to people who bought Pure...

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NEW REPORT: Online Fraud Falls 34.7 Percent
NEW REPORT: Online Fraud Falls 34.7 Percent
May 31, 2017  |  Security & Fraud

The good news? Fraudsters have at long last lost some ground. The bad news? They’re far from down for the count. The May 2017 edition...

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What Is A Payment Factory — And Who Needs One?
What Is A Payment Factory — And Who Needs One?
May 29, 2017  |  Payments Innovation

What’s a payment factory? Even Google can’t give you a straight answer— but, Bob Stark, vice president of strategy at Kyriba, will shed some light...

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Chinese Scammers Snared, Confess To Stealing $138 Million USD
Chinese Scammers Snared, Confess To Stealing $138 Million USD
May 26, 2017  |  Security & Fraud

In an ongoing digital fraud scheme, Chinese scammers have racked up over 950 million yuan ($138 million USD) from more than 93,000 victims by preying...

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Madoff Fund Has Paid Zero To Victims
Madoff Fund Has Paid Zero To Victims
May 24, 2017  |  Security & Fraud

The firm responsible for paying out $4 billion to victims of Bernard Madoff’s Ponzi scheme has been spending millions on related billings, including the retention...

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Target Sets New Record: Data Breach Settlement
Target Sets New Record: Data Breach Settlement
May 24, 2017  |  Security & Fraud

Target Corp. will pay $18.5 million to settle claims related to the massive data breach that compromised 40 million customers’ credit and debit cards in...

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