So, what can we do to protect ourselves against cyber fraud? The most important thing to consider is that phishing almost always aims to persuade you to provide personal information or to complete an action on a linked website. Therefore, before you do either of those thing...
If the government sends you letters related to benefits you haven’t received, then it’s time to investigate further. What to do if hackers gain access to your online government accounts: Contact the IRS. Contact the IRS immediately to notify them that someone has taken control of your ...
Note:A high number of chargebacks can be determinal for the merchant. The number of chargebacks against a merchant determines the merchant’s chargeback rate. To learn more aboutchargeback rateread our article and find out what is it, how to calculate it and what is a normal chargeback rate...
What it is & why it matters Fraud prevention technology has made enormous strides from advances in computing speeds (high-performance analytics),machine learningand other forms ofartificial intelligence(AI). Fraud touches every area of our lives; it raises the price we pay for goods and services...
asked what happened, she told him she was in financial trouble and the bank was threatening to repossess her car. When she tried to sort out her situation at the bank, she said they told her the best solution was to park her car in a rough neighborhood. Not long after, it was ...
and ousted executive Conrad Black are reviewed. The author reviews how the Chicago-based company is fighting a lawsuit contending that minority shareholder Tweedy, Browne Co. led to the recent management purge at Hollinger.Wall Street Journal - Eastern EditionCherneyElena...
What is Account Takeover Fraud? Account takeover fraud (ATO) occurs when an attacker manages to access a legitimate user account. The attacker uses that access to collect personal and payment information, change account details, or initiate transactions posing as the account owner. ...
Fraudulent sales transactions, where you sell an item on the internet that turns out to be a fake or not what you represented it to be. Example: Stella claims on the internet to be selling genuine designer handbags, when actually what she is selling are counterfeit versions. In this case...
What Is a Credit Fraud Alert? A credit fraud alert is a notice sent to acredit reporting bureauthat a consumer’s identity may have been stolen, and a request for new credit in that consumer’s name may not be legitimate. A credit fraud alert can protect you and your credit from someon...
Contractors can also defraud homeowners by deliberately leaving out key details of the project's scope so that the homeowner is actually getting much less than what they are paying for. Completing the rest of the project can end up with the total cost going well beyond the homeowner's initial...