Remove Authentication Remove Banking Remove Identity Theft
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Protecting Yourself from Identity Theft

Schneier on Security

Enable two-factor authentication for all important accounts whenever possible. Do your best to disable the "secret questions" and other backup authentication mechanisms companies use when you forget your password­ -- those are invariably insecure. Watch your credit reports and your bank accounts for suspicious activity.

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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. Having a freeze in place does nothing to prevent you from using existing lines of credit you may already have, such as credit cards, mortgage and bank accounts.

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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. So what is identity theft and, how can you protect yourself?

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Expert used ChatGPT-4o to create a replica of his passport in just 5 minutes bypassing KYC

Security Affairs

Musielak warned of the rising threat of mass identity theft, fraudulent credit applications, and fake account creation, which are now more scalable with generative AI. “The only viable path forward is digitally verified identity, like eID wallets mandated by the EU. . ” added the expert. “ @authologic.

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Experts warn of the new sophisticate Crocodilus mobile banking Trojan

Security Affairs

The new Android trojan Crocodilus exploits accessibility features to steal banking and crypto credentials, mainly targeting users in Spain and Turkey. ThreatFabric researchers discovered a new Android trojan called Crocodilus, which exploits accessibility features to steal banking and crypto credentials. ” ThreatFabric concludes.

Banking 67
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GUEST ESSAY: Massive NPD breach tells us its high time to replace SSNs as an authenticator

The Last Watchdog

This drives public awareness of the risks associated with identity theft. As a result, many people rush to protect themselves by subscribing to services that offer credit monitoring, identity theft protection, and fraud alerts. Governments can create a digital identity at birth to replace SSN in its current use.

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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.