CEO Fraud Prevention Tips Cybersecurity is a multibillion-dollar industry for attackers, but organizations and their operations staff can take several steps to prevent it: Audit high-risk users (e.g., finance and HR staff) and train them to identify attacks and report them. ...
Corporate fraud refers to dishonest activities conducted to give an advantage to an individual or company.
Marketing fraud is one of the oldest types of fraud. It goes back much further than the snake oil salesmen who sold tonics that were "100% guaranteed to cure whatever ails you." Consumers can usually protect themselves by adhering to the adage, "If it sounds too good to be true, then...
This type of fraud is most often perpetrated by ad networks or publishers trying to take advantage of CPI (cost per install)campaigns. Under a CPI model, advertisers pay by the install meaning the more installs that are generated, the more money networks and published can make. Install fraud...
“Fraud” is any activity that relies on deception in order to achieve a gain. Fraud becomes a crime when it is a “knowing misrepresentation of the truth or concealment of a material fact to induce another to act to his or her detriment” (Black’s Law Dictionary). In other words, if...
But first, what is a chargeback? It’s a refund initiated by a bank or credit card issuer on their customer’s behalf. Occasionally, a bank initiates a chargeback unprompted by the customer (for example, if it suspects fraud or an error). But the chargeback process is more commonly initia...
CEO fraud: The scammer impersonates a C-level executive, often by hijacking the executive's email account. The scammer sends a message to a lower-level employee instructing them to transfer funds to a fraudulent account, make a purchase from a fraudulent vendor or send files to an unauthorized...
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...
Return Fraud: What is it? How Merchants Can Fight Back & Recover Their Revenue?Did you know that, according to the National Retail Federation, nearly one in five purchases will ultimately result in a return?Accepting product returns is just a natural part of operating in the retail environment...
“Fraud” is any activity that relies on deception in order to achieve a gain. Fraud becomes a crime when it is a “knowing misrepresentation of the truth or concealment of a material fact to induce another to act to his or her detriment” (Black’s Law Dictionary). In other words, if...