While payment methods have become more convenient with debit cards and online banking, the risk for financial fraud has also increased. One piece of personal information can be the entry point for a cyber criminal to access all of your funds. Recent studies show that account takeovers account for half of the online banking fraud, while the other half is … Read More
The Growth of Smishing Attempts and Why They Are Dangerous
Mobile phones having the ability to connect to the internet seems like a convenience that most users can’t imagine being without. Unfortunately, with each new technological development comes another channel for hackers and online predators to attack. The concept of smishing has grown substantially, becoming another threat to obtaining a consumer’s personal information. What Is Smishing? Smishing is a type … Read More
The Most Common Types of Fraud and How to Avoid Them
What Is Fraud and How Does it Harm The Public? Fraud is deliberate deception to unlawfully gain money, information, and more from their victims. This white-collar crime continues to be the uniform and chosen costume of the internet’s favorite masquerade ball. Regardless of the type of fraud, it’s always illegal and a criminal act. Fraud is also not a simple … Read More
Online Dating Totals a $143 Million Loss for Victims
A Summary of Online Romance Fraud Online dating fraud and schemes have been on the rise for the last several years and result in significant financial consequences. In 2018, the Federal Trade Commission (FTC) reported that 21,000 people said reported romance scams with a financial loss totaling $143 million. That means romance scams have a greater financial loss than any … Read More
Shocking Details About The University Cheating Scandal
A Brief Summary of SAT Fraud While the case surrounding Operation Varsity Blues continues, the fraud committed by celebrities and elites alike hurts good kids the most. Several months ago, Kamilah Campbell, an eighteen-year-old honor roll student at a Florida high school had her SAT scores invalidated. The reason? The SAT company did not believe she could score that high, … Read More
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