Essential Industry Terms Explained

Discover what "Fraud Upon The Court" means, its impact on legal proceedings, real-world examples, recent stats, and how businesses can detect and prevent this serious ethical violation.

Discover the key differences between fraud and forgery, their methods, legal impacts, and how to protect yourself. Learn how advanced tools help detect and prevent these threats in today's digital world.

Discover the impact of fraud, waste, and abuse on organizations, explore real-world examples, and learn how to prevent FWA to protect resources, boost efficiency, and maintain trust.

Discover how Fraud, Waste, and Abuse Training empowers employees to spot and prevent unethical practices, protect assets, and strengthen organizational integrity for long-term success.

What is Fraud vs. Abuse? Fraud and abuse are related concepts often used in the context of unethical or illegal activities, but they have distinct meanings. Fraud: Fraud involves intentional...

Understanding Fraud and Theft: Key Differences, Types, and Preventive Solutions Fraud and theft are both deceptive practices that involve unlawfully acquiring someone else's assets, but they differ...

Discover how to spot and avoid fraudulent apps, protect your data, and stay safe with tips, stats, and expert guidance on the latest app threats—plus how FraudNet can help.

Discover what friendly fraud is, its impact on merchants, and how to prevent it. Learn key stats, real-world examples, and practical tips to protect your business in today’s digital landscape.

What are Front Companies? Front companies are businesses that are created with the primary intention of concealing or disguising the true ownership, purpose, or activities of the individuals or...

What is Fullz? "Fullz" is fraudster slang for an information package containing a person’s real name, address, and form of ID,  or their "full information." Fullz can be considered a component of 3rd...

Discover how gaming fraud threatens fair play, impacts players and developers, and learn about the latest fraud trends, prevention tips, and solutions to keep your gaming experience safe and enjoyable.

Learn about the GDPR—Europe’s key data protection law, its main principles, business impact, real-world use cases, recent enforcement stats, and how to ensure compliance in today’s digital landscape.

Discover what geo-spoofing is, how it works, its benefits, risks, and legal concerns. Learn how it impacts privacy, access, and fraud—and explore effective detection solutions.

Discover how geo-velocity fraud detection analyzes location changes to spot suspicious activity, enhance security, and protect your business from fraud—while keeping user experience in mind.

Discover how Geographical IP Detectors work, their role in security, content personalization, and privacy, plus recent trends and practical use cases to help protect your business online.

Discover how geolocation detection works, its role in fraud prevention, security, and compliance, plus key statistics and privacy considerations in this essential guide for businesses and users alike.

Discover what Ghost Card Fraud is, how it works, real-world examples, key statistics, and practical tips to protect yourself and your business in this comprehensive, easy-to-understand guide.

Discover what ghost employees are, how they impact businesses, and how to prevent payroll fraud. Learn detection tips, real-world examples, and the latest stats in our comprehensive guide.

Discover how ghost employee fraud impacts organizations, key warning signs, real-world examples, and effective strategies to detect and prevent payroll scams in your business or institution.

Discover how Ghost Terminal streamlines remote server management with multi-session handling, real-time monitoring, and seamless command execution—perfect for IT admins, compliance, and security teams.

Discover what Ghost Vendor Fraud is, how it impacts businesses, ways to detect and prevent it, plus recent stats and real-world examples—all in this essential guide for protecting your company.

Learn how to spot, prevent, and report gift card scammer numbers. Discover key tactics scammers use, red flags to watch for, and tips to protect yourself from gift card fraud in our latest guide.

Discover how Global Address Verification Directories help businesses maintain accurate addresses, improve delivery, prevent fraud, and boost compliance worldwide. Explore their benefits and key use cases!

Discover how government benefit fraud impacts society, recent statistics, common schemes, and effective prevention strategies in this comprehensive, easy-to-understand guide.

Discover what government fraud is, its impact, common types, and how it’s detected and prevented. Learn about real-world cases, statistics, and advanced tools to safeguard public funds.

Discover how government procurement fraud undermines fair competition, inflates costs, and what measures can help detect and prevent it. Learn key types, impacts, and solutions in this concise guide.

Discover how GPS spoofers can manipulate location data, their uses in security testing and fraud, recent stats, risks, and tips on detection and prevention in our comprehensive guide.

Discover how hacktivist fraud blends hacking with activism, its tactics, impacts, and ways organizations can protect themselves in today’s evolving cyber threat landscape.

Discover how hash functions secure data, prevent fraud, and power technologies like password storage and digital signatures. Learn their uses, challenges, and latest trends in this easy guide!

Explore how healthcare fraud impacts the industry, common fraud schemes, recent stats, prevention strategies, and how advanced tech like FraudNet can help protect organizations and patients.

Discover what makes an industry high risk, key challenges faced, and how advanced technologies and strategies help manage risks in sectors like finance, healthcare, and construction.

Discover what high-risk jurisdictions are, why they matter for financial compliance, and how businesses can manage risks and protect themselves from financial crime in global markets.

Curious about high-risk merchants? Learn what makes a business high-risk, the challenges they face, and smart strategies for fraud prevention and payment processing in this essential guide.

Discover how honeypots—decoy systems that attract cyber attackers—help detect threats, protect real assets, and advance cybersecurity research. Learn their use cases, benefits, and key statistics.

Discover how honeypots—decoy systems used to lure cyber attackers—help organizations detect threats, prevent fraud, and strengthen cybersecurity with real-world use cases and expert insights.

Discover how Hong Kong’s AML/CTF Ordinance strengthens financial security with robust compliance, due diligence, and transaction monitoring—protecting businesses and reinforcing global trust.

Discover how Host Card Emulation (HCE) empowers secure, cardless mobile payments and access control, its key benefits, latest trends, and how to protect your business from emerging security risks.

Discover how Hybrid Detection Systems combine signature and anomaly-based methods to boost threat detection, reduce false positives, and enhance security for businesses in today’s digital landscape.

Discover how the I2P Anonymous Proxy enhances online privacy, secures communications, and its key use cases—plus tips for compliance and risk management in today’s digital landscape.

Discover how ID spoofing threatens financial transactions, the tactics used by fraudsters, and proactive steps institutions and individuals can take to protect against identity-based financial fraud.

Discover how fraudsters manipulate IP addresses to bypass security, commit cybercrimes, and how your business can detect and prevent IP address fraud. Learn key stats, real use cases, and expert tips.

Discover how IT Risk Management protects your data and business from cyber threats, breaches, and compliance issues. Learn key strategies, use cases, and the latest industry stats in our guide.

Discover how Identity and Access Management (IAM) protects sensitive data, streamlines user access, and enhances security for businesses across banking, e-commerce, and more in this essential guide.

Discover what identity cloning is, how it works, its financial and legal impacts, and practical steps to protect yourself from this growing threat in our comprehensive guide.

Identity fraud is the situation where a fraudster uses the personal information of a victim, without any approval, to perform a criminal action or to mislead or defraud the other person. Most...

Explore how Identity Fraud as a Service (IFaaS) is changing cybercrime, its impact on businesses and consumers, and discover strategies to protect against evolving fraud threats in the digital age.

Discover how Identity Risk Profiling helps organizations detect vulnerabilities, predict threats, and prevent fraud—ensuring stronger security for individuals and businesses in today’s digital world.

Discover what identity spoofing is, how it works, real-world risks, and ways to protect yourself and your business from cyber threats in this essential guide for digital safety.

Discover what identity theft is, its financial and emotional impact, key prevention tips, recent statistics, and how advanced solutions like FraudNet can help you stay protected in the digital age.

Discover how fraudsters impersonate the deceased to steal assets and benefits, the impact on families, real-world examples, and how to protect loved ones from IOD fraud in our latest blog post.

Discover how impersonation scams work, their impact, and tips to protect yourself. Learn about common tactics, real-world examples, and prevention strategies in this essential guide.

Discover what improper disclosures are, their causes, risks, and prevention strategies, plus key statistics and FAQs to help you safeguard sensitive data and ensure compliance in your organization.

Discover what in-app payment fraud is, how it happens, its financial impact, and the latest trends—plus tips for users and businesses to prevent losses and keep your mobile transactions secure.

Discover how organizations detect, manage, and recover from financial fraud incidents. Learn about essential response steps, real-world use cases, and tips to strengthen your defenses against fraud.

An insider threat refers to a security risk that originates from within an organization. It involves employees, contractors, business partners, or anyone with authorized access who misuses their privileges to harm the organization...

Discover what insider threats are, their types, motives, and real-world examples. Learn how to detect, prevent, and mitigate risks to protect your organization from internal security breaches.

Discover what insurance fraud is, its impact, common schemes, and how modern tech solutions help fight back. Learn key facts and ways to protect yourself in this essential guide.

What is Insider Fraud? Insider fraud refers to fraudulent activities committed within an organization by individuals with access to sensitive information, systems, or resources due to their positions...

Discover how internal fraud monitoring protects your business from insider threats using data analytics, AI, and best practices—ensuring security, compliance, and organizational trust.

Discover how International Accounting Standards (IAS) enhance transparency, consistency, and fraud prevention in global financial reporting. Learn their impact and key use cases in this guide.

Discover how the International Convention for the Suppression of the Financing of Terrorism combats terrorist funding through global legal standards, asset freezing, and international cooperation.

Discover how International Financial Reporting Standards (IFRS) boost global financial transparency, support investors and regulators, and help prevent fraud through consistent, comparable financial reporting.

Discover how IOSCO Principles set global standards for securities regulation, enhancing investor protection, market transparency, and financial stability in today’s interconnected markets.

Discover how interoperability connects systems for seamless data sharing, boosts efficiency, and strengthens fraud prevention—unlocking innovation and collaboration in today’s digital landscape.

Inventory fraud involves the theft of physical inventory items and the misstatement of inventory records on a company's financial statements. A small business may be a victim of fraud perpetrated by...

Discover the risks, tactics, and common schemes of investment fraud—and learn how to protect your finances with expert tips and the latest fraud prevention solutions in our comprehensive guide.

Discover what the Invisible Web is, why it matters, and how it holds valuable, hidden information beyond search engines—crucial for research, compliance, and online safety. Explore its benefits and risks!

Discover how invoice factoring fraud works, its impact on businesses and lenders, real-world examples, and practical tips for prevention and detection in this essential guide for financial professionals.

Discover how IoT payment fraud targets smart devices, the risks involved, and practical steps to protect your financial data. Learn about emerging threats and solutions for safer IoT transactions.

Discover what IoT botnets are, how they threaten connected devices, and practical steps to protect your business and home from evolving cyber risks in our comprehensive guide.

Discover how IP Address Verification boosts security, prevents fraud, and builds trust for businesses—explore its benefits, use cases, key stats, and how to implement it effectively.

Discover how ISP monitoring helps ensure reliable, fast internet and protects your online security. Learn key features, use cases, stats, and tips to boost performance and privacy.

Discover what an Issuer Issuing Bank is, its key roles in card issuance, transaction security, and fraud prevention, plus recent stats and expert tips for choosing the right bank for your needs.

Discover how Japan’s Act on Prevention of Transfer of Criminal Proceeds combats money laundering and fraud, with key rules for financial institutions and the latest trends in compliance and enforcement.

Discover what jitter is, how it impacts network performance and fraud detection, and explore ways to measure, manage, and reduce jitter for seamless, secure digital communications.

Discover how Junk Data Attacks overwhelm systems with meaningless data, their impact on performance and security, and practical strategies to protect your business from these growing cyber threats.

Discover how KYC automation streamlines customer verification, boosts compliance, and enhances efficiency—unlocking better security and customer experiences for modern businesses.

Discover what KYC (Know Your Customer) means, why it’s crucial for security and compliance, and how advanced solutions streamline identity verification across industries. Read on to learn more!

Discover what keystroke loggers are, how they work, their uses in security and fraud detection, associated risks, and practical tips to protect your data in today’s digital world.

Curious about kickbacks? This article explains what they are, their risks, real-world examples, and how businesses can prevent them to maintain trust and compliance. Dive in to learn more!

Discover how kite financing fraud manipulates bank accounts and financial records, its impact on institutions, and key prevention strategies to protect your business from evolving financial threats.

Know Your Business (KYB) is a regulatory process undertaken by financial institutions, payment processors, and other businesses to verify and validate the legitimacy of the companies they engage with. KYB plays a critical role in ensuring compliance with legal requirements, preventing financial crimes, and maintaining the integrity of the global financial ecosystem.

Discover how Know Your Customer (KYC) safeguards financial systems, prevents fraud, and boosts trust—plus the latest trends, challenges, and tech shaping KYC across industries.

Know Your Merchant (KYM) refers to the process through which financial institutions, payment processors, and other entities validate and monitor the businesses (merchants) they work with to prevent fraud, financial crimes, and non-compliance with regulatory requirements. KYM processes are integral to identifying high-risk businesses, ensuring compliance with laws and regulations, and mitigating risks associated with financial and reputational harm.

Know Your Vendor (KYV) refers to the process by which organizations assess, validate, and monitor the vendors and suppliers they work with to ensure compliance with regulations, reduce operational risks, and foster ethical and transparent business practices. It is a strategic approach to safeguarding supply chains, protecting brand reputation, and mitigating vulnerabilities that could arise from engaging with unverified or high-risk vendors.

Discover how a layered security approach uses multiple defenses to protect against evolving cyber threats, safeguard your data, and enhance compliance in today’s digital landscape.

Discover how legacy fraud prevention systems work, their limitations, and why upgrading to modern, AI-driven solutions is crucial for protecting your business from today’s sophisticated threats.

Discover how Level of Assurance (LoA) boosts digital security by verifying identities, managing access, and preventing fraud in sectors like banking, e-commerce, and software. Learn more inside!

Discover what a liability shift is, how it impacts merchants and card issuers, and why adopting secure payment technologies like EMV is crucial for reducing fraud and protecting your business.

Discover how data analytics and machine learning help detect and prevent loan application fraud, protecting lenders and applicants from identity theft, income misrepresentation, and document forgery.

Discover what loan default fraud is, how it impacts lenders, real-world examples, key statistics, and practical prevention tips—all in our comprehensive, easy-to-read guide for every financial professional.