Top Fraud Predictions for 2015

Technology will shape the fight next year

ACFE Insights

Technology will give fraudsters an edge in 2015, but it will also provide new tools for organizations and investigators. Three of our experts weighed in on digital currencies, information security and other issues that will help shape the effort to prevent and detect fraud in the new year.

Read the full article.

Don't Allow "Santa" to Cripple Your Holiday Finances

Beware the ‘Letter from Santa’ identity-theft scam

TIME

Santa Claus is coming... For your credit cards. 

If you really want to convince your kids they’ve received a letter from Santa, practice your creative handwriting skills or ask a friend to write one — buying one off the Internet probably isn’t the way to go.

Read full article.

Botnet Surfing Costs Advertisers

Robots, not humans, fake 23% of web video ad views, study finds

Bloomberg

Computers being remotely operated by hackers account for almost one in four views of digital video ads worldwide, according to a study that estimates such fraud will cost advertisers $6.3 billion dollars next year.

Read full article. 

A Big Con Within a Big State

The rise and fall of a North Texas con man

The Dallas Morning News 

Spencer Edwards lived large, even by Texas standards.

When the 50-year-old oilman wasn’t at his office, which he boasted had the same view as J.R. Ewing’s on the original Dallas, he socialized at the area’s finest steakhouses, wearing a $300 button-down shirt and designer cowboy boots. Flashy, friendly and unrestrained with his oil money, he embodied the extravagance his city and state are famous for.

Read full article.

The History of the CFAA

Hacker Lexicon: What is the Computer Fraud and Abuse Act?

Wired 

In 1984, the world was just emerging from its digital Dark Age. CompuServe, the world’s first commercial email provider, was still trying to interest users in its fledgling service, and computer viruses and worms were still largely the stuff of engineering-school pranks. But even through the foggy haze of the internet’s early days, lawmakers saw clearly the importance that computers and computer crime would have on society. 

Read full article.