Home Posts tagged "identity theft"
Comments Off on 124 Data Breaches Were Announced in the First Two Months of 2018 Following a Record-Setting 2017.
Comments Off on Number of Records Compromised in U.S. Data Breaches Nears All-Time High While Nearly 90 percent Included Victims’ SSNs.
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FTC Chair Nominee and New Federal Reserve Chairman Each Mention Data Breaches as a Critical Concern

As the FTC considers and confirms nominees to fill vacant commission seats, those interviewed speak to the still growing threat of data breaches and say this is a top priority for the government agency. Meanwhile, the House Financial Services Committee asks new Fed Chairman Jerome Powell what approach he will take to secure data, following

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Uber Sat on Data Breach Affecting 57 Million Users for Over 1 Year

Uber, one of the latest companies to suffer a data breach, is suffering backlash not just for the 57 million user accounts compromised following the breach, but the company’s failure to disclose the breach until more than one year after it occurred. The company is now facing scrutiny from Congress and potential legal repercussions. The

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Comments Off on Uber Sat on Data Breach Affecting 57 Million Users for Over 1 Year.
Comments Off on Superior Credit Consumers are Highest Risk Loan Stackers.
Comments Off on FTC Focuses on Synthetic Identities as New Account Fraud Continues to Rise.
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The Holiday Season is Also Fraud Season

It’s no secret that fraudsters increase their activity and fraud attempts during the holiday season when many merchants are at peak volume, but considering other fraud factors ACI Worldwide predicts a more than 40 percent increase in fraud this holiday season.  Meanwhile the FBI warns of fraudulent merchants, mobile apps with malware and work from

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Comments Off on The Holiday Season is Also Fraud Season.
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As SEC Investigates Yahoo Breach, FTC Reiterates Need for Federal Breach Notification Laws

Following a data breach involving over 500 million accounts and a delay in notifying the public or impacted parties, the Securities and Exchange Commission (SEC) started an investigation into the Yahoo data breach at the request of a Senator. Later at a Senate Committee meeting the Federal Trade Commission (FTC) cited the Yahoo breach reiterating

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Comments Off on Black Market Prices for Variety of Login Credentials Show that Fraud Goes Well Beyond the Payment Card.
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Millennials Are Group Most Likely to be Victims of Both Telephone and Online Scams

Multiple studies have recently shown that across all age groups it is Millennials who are most likely to fall victim to scams carried out via telephone or SMS, as well as fall prey online while displaying careless habits. These digital natives are the most comfortable with mobile devices and eCommerce, but also the most trusting

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