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.

Wells Fargo May Find A Lot More Fake Accounts
Wells Fargo May Find A Lot More Fake Accounts
August 07, 2017  |  Banking

Wells Fargo warned late last week that a deeper dive into its sales practices raises the possibility for a “significant increase in the identified number...

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Uber Rented Drivers Cars It Knew Were Unsafe
Uber Rented Drivers Cars It Knew Were Unsafe
August 04, 2017  |  Ridesharing

Uber Technologies may have a new fraud problem on its hands after The Wall Street Journal reported news that Uber managers in Singapore leased the Honda...

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Slowing Down Faster Payments Fraud
Slowing Down Faster Payments Fraud
August 03, 2017  |  Security & Fraud

Fraudsters are good at what they do. Payments got faster, but so did criminals. Banks built more defenses, and bad guys jumped over them with...

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In Fight Vs. Online Fraud, Everlast Finds Its Perfect Combination
In Fight Vs. Online Fraud, Everlast Finds Its Perfect Combination
August 03, 2017  |  Fraud Prevention

Venerable retailer. Iconic name. Easy mark for online fraud and a knockout to the bottom line? Yes, if manual review means missing warning signs of...

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Most Retailers Feel Like ‘Somebody’s Watching’
Most Retailers Feel Like ‘Somebody’s Watching’
August 02, 2017  |  Fraud Prevention

In today’’s fast-moving, tech-infused retail arena, one of retailers’ top vulnerabilities centers around their ability to data security. As such, it should come as no...

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Building Fraud’s Meta-Machine
Building Fraud’s Meta-Machine
August 01, 2017  |  Artificial Intelligence

OK, this is about to get meta.

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Wells Fargo To Slash 69 Executive Roles; Faces Calls For Board To Be Removed
Wells Fargo To Slash 69 Executive Roles; Faces Calls For Board To Be Removed
July 31, 2017  |  Security & Fraud

Wells Fargo, the embattled national bank, is gearing up to slash 69 executive positions in its retail unit. The sector been struggling since news broke...

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Gas Station Skimmers Can Send Stolen Data Via SMS
Gas Station Skimmers Can Send Stolen Data Via SMS
July 28, 2017  |  Safety and Security

Police have discovered a new credit card skimmer that connects to the inside of a gas station pump and is able to send stolen data...

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It’s Only ‘Hacking’ When Bad Guys Do It
It’s Only ‘Hacking’ When Bad Guys Do It
July 28, 2017  |  Security & Fraud

A virtual lynch mob has swarmed the Facebook page of the Budapest Transit Authority (BKK in Hungarian), leaving more than 45,000 one-star reviews after the...

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