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

Report: Identity Theft Indictments Include Conspirators in $400 Million FTX Hack
Report: Identity Theft Indictments Include Conspirators in $400 Million FTX Hack
February 02, 2024  |  Security & Fraud

Three individuals have been indicted for their involvement in an identity theft conspiracy, which reportedly included a $400 million hack of cryptocurrency exchange FTX. Get...

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Attack Vectors 2024: Identity Theft and Digital Banking 
Attack Vectors 2024: Identity Theft and Digital Banking 
January 12, 2024  |  Fraud Prevention

In the payments and financial landscape, staying still often means falling behind.  Get the Full Story Complete the form to unlock this article and enjoy...

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Some Consumers Might Need Rewards and Discounts to Try Biometric Logins
Some Consumers Might Need Rewards and Discounts to Try Biometric Logins
October 11, 2023  |  Biometrics

Biometric authentication, a technology that uses unique physical or behavioral traits for identity verification, has gained popularity in recent years.  Get the Full Story Complete...

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Rise of AI-Powered Deepfake Imposter Scams Threatens Individuals and Banks
Rise of AI-Powered Deepfake Imposter Scams Threatens Individuals and Banks
August 22, 2023  |  Security & Fraud

Deepfake technology, powered by artificial intelligence (AI), is reportedly becoming a favored tool for criminals engaged in imposter scams, posing a significant threat to individuals...

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The Trade-Off With That Free, Unexpected Package You Received — Your Identity
The Trade-Off With That Free, Unexpected Package You Received — Your Identity
August 14, 2023  |  Security & Fraud

Have you received an unexpected package lately? It might be from Amazon, Home Depot, or any other retailer you can think of. While receiving an...

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Synthetic Fraud Rises at ‘Alarming’ Rate as AI Evolves
Synthetic Fraud Rises at ‘Alarming’ Rate as AI Evolves
June 28, 2023  |  Security & Fraud

Can one stolen ID, augmented with artificial intelligence, yield $2 million in pilfered government benefits? Get the Full Story Complete the form to unlock this...

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Plaid Launches Anti-Fraud Network
Plaid Launches Anti-Fraud Network
June 22, 2023  |  Identity theft

Plaid has launched a collaborative network designed to stop “the chain reaction of identity fraud.” Get the Full Story Complete the form to unlock this article...

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President Biden Proposes $1.6B to Fight Pandemic-Related Fraud
President Biden Proposes $1.6B to Fight Pandemic-Related Fraud
March 02, 2023  |  Security & Fraud

The Biden administration wants congressional approval for a $1.6 billion plan tackling COVID-related fraud. Get the Full Story Complete the form to unlock this article...

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Advanced Identity Tools Speed Crypto Account Access and Build Revenue
Advanced Identity Tools Speed Crypto Account Access and Build Revenue
February 10, 2023  |  Digital Identity

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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