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

Prosper Gets Rid Of App Designed To Protect Identities

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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AI/BOTS: Machine Learning Tips Online Fraud Scales
AI/BOTS: Machine Learning Tips Online Fraud Scales
July 25, 2017  |  Artificial Intelligence

Technological advances are pushing the boundaries for what’s possible in a variety of industries. Get the Full Story Complete the form to unlock this article...

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RSA: Biometrics Are The Sweet Spot Between Convenience And Security
RSA: Biometrics Are The Sweet Spot Between Convenience And Security
July 12, 2017  |  Cybersecurity

Teach a man to phish and he’ll launch a phishing attempt every 30 seconds for the rest of his life. So what can businesses do...

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How To Feed The Fraud Fighting Machine
How To Feed The Fraud Fighting Machine
June 22, 2017  |  CEO Series

How do machines learn to learn? In Episode Three of PYMNTS’ machine learning podcast, Socure CEO Sunil Madhu and PYMNTS CEO Karen Webster get technical...

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Millennials Most Likely To Fall For IRS Scam
Millennials Most Likely To Fall For IRS Scam
April 27, 2017  |  Cybersecurity

Yes, phone scams are still a thing. In fact, data indicates that consumers will receive a combined nine billion calls from known scammers this year....

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Cybercriminals Are Buying Tax Info To Cash In On Fraudulent Refunds
Cybercriminals Are Buying Tax Info To Cash In On Fraudulent Refunds
April 07, 2017  |  Fraud Prevention

Tax season is a busy time for cybercriminals, with consumers’ personal data being sold online so thieves can file fraudulent tax returns and cash in...

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EMV Pushes eCommerce Fraud Spike
EMV Pushes eCommerce Fraud Spike
March 30, 2017  |  Cybersecurity

The good news about EMV is that it has drastically dropped the instance for cloned-card fraud that was far more endemic in the mag stripe...

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