30 Mar 2021

US Imprisons BEC Scammer

The US has sent a Plano resident to jail over BEC scams after finding him guilty of conspiracy to commit bank fraud, wire fraud, money laundering, aggravated identity theft, and mail fraud. Babatope Joseph Aderinoye was tried in October 2020, during which more information was exposed about his operations. Court

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03 Mar 2021

Medal of Honor Holders’ Identities Stolen

According to a Secret Service search warrant application, identifies of a third of the living Medal of Honor holders have had their information stolen in a cyberattack. A threat actor was able to steal the personal information of the US Congressional Medal of Honor holders, later using this data to

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27 Nov 2019

As the online shopping season begins, consumers worry about cybercrime

Almost two in three Americans are concerned that their personal data will be compromised in a data breach (65%) and that threat actors will hack into their bank account (62%), a new F-Secure survey shows. While 81% of respondents consider it likely that they will experience cybercrime or identity theft

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03 Sep 2019

Cardholders still dropping the ball when it comes to basic ID theft prevention

A new survey by CompareCards shows that 40% of American cardholders put themselves at risk of identity theft in the past month by providing their full Social Security number in an online form. Despite this, 95% of people said they are at least a little hesitant to submit personal information

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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IRS’ Outdated App Security Leaves Taxpayers at Risk of Identity Theft, Watchdog Says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that many of the IRS’ web applications that people can use to pay taxes or access tax-related services are relying on outdated security controls.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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