30 May 2019

Many are seeing the damage of cybercrime and identity theft firsthand

The vast majority of people are afraid it’s only a matter of time before they (71%) or their children (73%) will fall victim to identity theft or another cybercrime, a new F-Secure survey found. The majority of respondents (51%) said this had already happened to a family member. One in

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25 Apr 2019

IRS’ Outdated App Security Leaves Taxpayers at Risk of Identity Theft, Watchdog Says

A recent audit by the Treasury Inspector General for Tax Administration (TIGTA) concluded that many of the IRS’ web applications that people can use to pay taxes or access tax-related services are relying on outdated security controls. In order to properly secure taxpayers, the apps should incorporate the National Institute

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09 Apr 2019

‘Digital Doppelganger’ Underground Takes Payment Card Theft to the Next Level

Kaspersky Lab researchers have discovered a massive underground online marketplace where criminals are selling over 60,000 digital doppelgangers, which are stolen, legitimate digital identities that include information like login credentials to online banking systems as well as the digital ‘masks’ or ‘fingerprints’ of victims, i.e. information about their digital behavior

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02 Apr 2019

45% of taxpayers do not securely store tax documents

A new Shred-it report[pdf], shows that many taxpayers or not taking the necessary steps to protect their tax information. 45% of taxpayers do not store their tax documents in a secure manner, instead keeping papers in a box, desk drawer or unlocked cabinet at home or work, while 19% do

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15 Mar 2019

nCipher Security Report Reveals Americans’ Lack of Trust with Personal Data Security

New research by nCipher Security shows that Americans are frustrated with the current state of data security. One in five people (20%) suffer from security fatigue and no longer trust any entity to safeguard their personal information. People are most concerned about falling victim to identity theft (68%), with 18%

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25 Feb 2019

Less than one in 10 Americans take necessary steps to prevent identity theft

A recent study on cybercrime and identity theft in the United States found that even though 37% of US citizens have fallen victim to cybercrime/identity theft at some point, and a wide majority of people (76%) is convinced that becoming a cybercrime/identity theft victim is an inevitability, about half of

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12 Feb 2019

Experian: US Suffers the Most Online Fraud

According to new research by Experian, US consumers and companies are prime targets for online fraud campaigns. Losses related to online fraud have increased over the past year for eight out of ten US firms, while this is true for only a little over half (55%) of businesses in Europe and

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12 Feb 2019

Coalition of State Attorney Generals Urge FTC to Update Identity Theft Rules

In a joint letter(PDF) to the Federal Trade Commission (FTC), 31 US state attorneys general are urging the FTC to “update its current Identity Theft Rules to help banks and creditors keep up with new and ever-changing technology to stop identity thieves in their tracks.” The coalition of state attorneys general believe that

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08 Feb 2019

How Americans Leave their Personal Info Open to Thieves

According to a new survey by CreditCards.com, Americans are greatly concerned about identity theft, yet 9 in 10 people engage in risky data security behavior. A whopping 82% of survey respondents indicated that they reused passwords for different user accounts in the past year, with 22% of them stating that they

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31 Jul 2018

Identity theft protection service accidentally exposes identities

A website bug was responsible for exposing millions of email addresses belonging to customers of LifeLock, an identity protection service acquired by Symantec in 2016 for $2.3 billion.  Source: Identity Theft Protection Service Accidentally Exposes Identities – Nextgov

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