Sentences with phrase «fake a transaction from»

Thanks to complex cryptography at every step in the process, which can take quite a lot of time to verify (see below), it's more or less impossible to fake a transaction from one person or organization to another.

Not exact matches

I could even make a «fake» transaction to accomplish this — send the money from my digital wallet address to the same address, which would still register as a transaction in the blockchain.

Cyber enemies could use a range of new battlefield tactics to try to cripple financial markets, from destroying the course of banking and trade settlement transactions to using poison pill algorithms to flood markets with bad data and fake trades in order to drive trading volatility and market collapse.

Instead, they used the code from the first transaction to fake a confirmation message, which Buy.com accepted as proof of payment.

Corporate account takeover is a type of fraud where thieves gain access to a business» finances to make unauthorized transactions, including transferring funds from the company, creating and adding new fake employees to payroll, and stealing sensitive customer information that may not be recoverable.