Identity Theft

Identity theft is the deliberate use of someone else's identity, usually as a method to gain a financial advantage or obtain credit and other benefits in the other person's name, and perhaps to the other person's disadvantage or loss.

Source: consumer.ftc.gov

The FTC On Identity Fraud’s Biggest Threat

The FTC On Identity Fraud’s Biggest Threat
The FTC On Identity Fraud’s Biggest Threat
October 30, 2017  |  Cybersecurity

In one of the more unfortunate examples of practice making perfect, fraudsters are getting better at what they do. According to the latest edition of the...

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Visa And Mastercard Warn Of 200K Vulnerable Credit Cards From Equifax Leak
Visa And Mastercard Warn Of 200K Vulnerable Credit Cards From Equifax Leak
September 15, 2017  |  Cybersecurity

Visa and Mastercard are warning financial institutions across the country that more than 200,000 credit cards were compromised during the Equifax hack. Get the Full...

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Synthetic Identity Theft On The Rise
Synthetic Identity Theft On The Rise
September 14, 2017  |  Cybersecurity

A new type of credit card fraud is emerging, dubbed “synthetic identity theft.” In instances of synthetic identity theft, cybercriminals create new identities to credit...

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Equifax Blames Flaw In Database Software For Breach; Backlash Mounts From Consumers, Lawmakers
Equifax Blames Flaw In Database Software For Breach; Backlash Mounts From Consumers, Lawmakers
September 11, 2017  |  Cybersecurity

Equifax, the credit scoring company that suffered a data breach that impacted as many as 143 million Americans, is blaming a vendor software flaw in...

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Making Voice Assistants Allies In Health
Making Voice Assistants Allies In Health
September 01, 2017  |  Voice Activation

Orbita CEO Bill Rogers has a relative with dementia. As dementia patients often do, she repeats a lot of the same questions, and it drives...

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Wells Fargo Accused Of Closing Accounts Customers Needed
Wells Fargo Accused Of Closing Accounts Customers Needed
August 21, 2017  |  Bank Regulation

Wells Fargo, the embattled national bank, disclosed in a Securities and Exchange Commission (SEC) filing that the Consumer Financial Protection Bureau (CFPB), a government regulatory...

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Prosper Gets Rid Of App Designed To Protect Identities
Prosper Gets Rid Of App Designed To Protect Identities
August 01, 2017  |  Fraud Prevention

Prosper Marketplace, the online lender, is reportedly getting rid of its Prosper Daily mobile app, which enabled customers to monitor their personal finances, like credit...

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Gas Station Skimmers Can Send Stolen Data Via SMS
Gas Station Skimmers Can Send Stolen Data Via SMS
July 28, 2017  |  Cybersecurity

Police have discovered a new credit card skimmer that connects to the inside of a gas station pump and is able to send stolen data...

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