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Change Healthcare Breach Hits 100M Americans

Krebs on Security

Change Healthcare’s breach notification letter offers recipients two years of credit monitoring and identity theft protection services from a company called IDX. The best mechanism for preventing identity thieves from creating new accounts in your name is to freeze your credit file with Equifax , Experian , and TransUnion.

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FTC Recognizes Identity Theft Awareness Week

Identity IQ

FTC Recognizes Identity Theft Awareness Week. The Federal Trade Commission is commemorating Identity Theft Awareness Week with a series of free events focused on raising awareness and educating consumers about the growing risk of identity theft. million fraud reports in 2020. IdentityIQ.

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Half of Americans Experienced Identity Theft During COVID-19 Pandemic, New Study Shows

Hot for Security

A new report uncovers a striking pervasiveness of identity theft perpetrated against U.S. consumers experienced identity theft between 2019 and 2020. the unauthorized use of one’s identity to apply for an account), and 38% experienced account takeover (i.e.,

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8 Common Identity Theft Scams

Identity IQ

Would you believe that incidents of identity fraud increased by more than 40% from 2019 to 2020? Identity Theft: The Stark Reality found financial loss related to identity theft rose by approximately 42% in 2020. Child Identity Theft. Senior Identity Theft.

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35-year long identity theft leads to imprisonment for victim

Malwarebytes

Matthew David Keirans, a 58-year-old former hospital employee has pleaded guilty to assuming another man’s identity since 1988. He was convicted of one count of making a false statement to a National Credit Union Administration insured institution and one count of aggravated identity theft.

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Solving Identity Theft Problems: 5 Actionable Tips

CyberSecurity Insiders

Identity theft (or ID theft) is not a new problem, but in today’s well-connected society it is a problem that grows at an incredible rate. . Put in a few words, ID theft is when someone pretends to be someone else, using their credentials and taking various actions in their name. 3: Two-Factor Authentication (2FA).

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Unemployment Insurance Fraud and Identity Theft: Up Close and Personal

Lenny Zeltser

In June 2020, the Federal Trade Commission (FTC) warned that “imposters are filing claims for unemployment benefits [in the US], using the names and personal information of people who have not filed claims.” In my case, the scammer opened a GoBank account, specifying my former mailing address. I believe in this scheme.