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.

US-Linked Hacker Pleads Guilty To Credit Card Data Theft
US-Linked Hacker Pleads Guilty To Credit Card Data Theft
January 22, 2016  |  Security & Fraud

Federal prosecutors confirmed a Ukrainian hacker, who has previously been accused of trying to frame a well-known U.S. cybersecurity expert, pled guilty to committing cybercrimes...

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Banks’ Biggest Threats In 2016
Banks’ Biggest Threats In 2016
December 31, 2015  |  News

The Wall Street Journal reported Wednesday (Dec. 30) that a survey of banking experts yielded some predictions of what to expect in terms of risk in 2016....

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Why Consumers Might Have A Tough Time Returning Gifts
Why Consumers Might Have A Tough Time Returning Gifts
December 30, 2015  |  Security & Fraud

Enabling frictionless and convenient returns has become a major selling point for retailers, but new fraud rules could be standing in the way. According to...

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For Payments, Nirvana After Risk Enlightenment
For Payments, Nirvana After Risk Enlightenment
December 28, 2015  |  In Depth

It’s the Holy Grail – or Nirvana – of payments. Mobile transactions that sail through smoothly even amid the rising threat of CNP fraud, keeping...

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Security Flaw Found In German Banks’ Retail Payment Systems
Security Flaw Found In German Banks’ Retail Payment Systems
December 23, 2015  |  International

Cybersecurity researcher Karsten Nohl discovered a critical vulnerability in the retail payment systems of several German financial institutions. As Reuters reported Tuesday (Dec. 22), the...

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