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.

Why POTUS’ Credit Card Got Declined
Why POTUS’ Credit Card Got Declined
October 20, 2014  |  News

Seems that payment card fraud issues even impact the President of the United States as President Barack Obama just discovered. “I went to a restaurant...

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Supervalu Reports Second Data Breach
Supervalu Reports Second Data Breach
October 01, 2014  |  News

Supervalu has discovered a second data breach—a “separate intrusion” potentially launched by a different sets of cyberthieves—that hit many of its grocery stores. The chain...

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Amazon Unit Lets Expensive Downloads Happen Before Verifying Payment
Amazon Unit Lets Expensive Downloads Happen Before Verifying Payment
September 16, 2014  |  News

The Amazon Audible unit lets shoppers sign up using fake payment card data, fake E-mail addresses and fake names and then permits them to download...

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It is time to (Re)-invent Digital Identity
It is time to (Re)-invent Digital Identity
September 12, 2014  |  Controversial

Nowadays, barely a week goes by where news does not emerge of another major cyber attack, putting at risk consumer information. For more than a...

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Lessons Learned From JPMorgan Chase Breach
Lessons Learned From JPMorgan Chase Breach
September 03, 2014  |  News

One of the most troubling lessons from the JPMorgan Chase data breach is that organized cybercrime gangs today are quite good at avoiding the patterns...

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The Latest Retail Breach Victim – Home Depot
The Latest Retail Breach Victim – Home Depot
September 03, 2014  |  Breach Round Up

It appears that Home Depot may be the large retail victim of a cyberthief gang and its breach—which apparently began as long ago as late...

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Another PayPal Scam. This Time, It Hits Alabama
Another PayPal Scam. This Time, It Hits Alabama
September 01, 2014  |  News

Police in Gadsen, Alabama, have been investigating a multinational PayPal scam that appeared to be based in Alabama. Sellers involved were from the United Arab...

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New Payments Scam, Same Payments Tool
New Payments Scam, Same Payments Tool
August 26, 2014  |  News

There’s a new twist to the payments scam in which fraudsters pretend to be utilities that want “overdue” bills paid by prepaid cards, according to Electric...

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New ATM Skimming Tactic: Razor-Thin Cards
New ATM Skimming Tactic: Razor-Thin Cards
August 22, 2014  |  News

ATM skimmers are not losing their popularity among the ATM cyberthief set, but a new twist has emerged. The problem with many of today’s skimming...

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