Online fraud is an intended action by threat actors to trick the targets into potentially harmful actions that can result in victims losing money and personal or confidential information or causing other damage.
BEIJING, Jan. 5 (Xinhua) -- Chinese public security departments have cracked 391,000 cases of telecom and online fraud from January to November 2023, the country's Ministry of Public Security announced Friday. To deliver a heavy blow to relevant criminal activities, the ministry in 2023 launche...
In particular, B2C subscription businesses struggled more with the operational burden of fraud. They were more likely to report that their manual review cases increased in 2021, that they have diverted more resources to fight fraud, and that they’ve had to delay investments or expansion plans in...
The Supreme Court has handed the Trump administration two victories in cases involving the Department of Government Efficiency, including giving it access to Social Security systems containing personal data on millions of Americans Associated PressJune 6, 2025...
HONG KONG, Feb. 14 (Xinhua) -- More than 19,000 fraud cases were reported in Hong Kong in 2021, an increase of nearly 24 percent from the previous year, the police said on Monday. The police said that under the COVID-19 epidemic situation, more people and organizations have turned to...
The crimes are considered serious in all cases. In addition to imprisonment, the Court of Appeal sentenced damages of SEK 170 million plus interest which now amounts to just over SEK 130 million.28 On February 14, 2017, the SPA announced that it had halted all purchases of Allra’s four ...
or are older and never needed or wanted to make the shift until now. In all of these cases, these users lack basic financial and IT literacy for online payments due to their inexperience, presenting fraudsters with a fresh crop of unexpecting victims.In gaming, these new users can often fal...
2. Internal Investigative Interviews are Crucial to Strengthen Risk Management and Internal Controls and to Enhance Loss Prevention in a Timely Manner In internal investigative interviews, companies are able to gain a more thorough unde...
Losses through consumer fraud cases in the UK Q4 2022 - Q2 2023 Published by Ani Petrosyan, Dec 1, 2023 Between the fourth quarter of 2022 and the second quarter of 2023, the monetary losses caused by consumer fraud incidents in the United Kingdom (UK) have decreased. In the first me...
Preventing chargebacks is vital to merchants' bottom line. In response, our experts identified 20 fraud red flags that may be signs of abuse.