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This was Experian’s advice even for people who’d just explained that this method was what identity thieves had used to lock them in out in the first place. In April 2021, KrebsOnSecurity revealed how identity thieves were exploiting lax authentication on Experian’s PIN retrieval page to unfreeze consumer credit files.
authorities arrested a 19-year-old Florida man charged with wire fraud, aggravated identitytheft, and conspiring with others to use SIM-swapping to steal cryptocurrency. The missives asked users to click a link and log in at a phishing page that mimicked their employer’s Okta authentication page. 9, 2024, U.S.
But you probably didn’t know that these fraudsters also can use caller ID spoofing to trick your bank into giving up information about recent transactions on your account — data that can then be abused to make their phone scams more believable and expose you to additional forms of identitytheft.
You’d definitely make it off of Santa’s naughty list if you helped your loved ones take stock of which online accounts could benefit from more robust multi-factor authentication — and perhaps even guiding them away from SMS/text messages for multifactor toward more secure app- or key-based options , where available.
At the end of 2023, malicious hackers figured out that many major companies have uploaded massive amounts of valuable and sensitive customer data to Snowflake servers, all the while protecting those Snowflake accounts with little more than a username and password (no multi-factor authentication required).
Although he didn’t technically have an account with MSF, their authentication system is based on email addresses, so Jim requested that a password reset link be sent to his email address. Jim said numerous calls to Bank of America’s fraud team went nowhere because they refused to discuss an account that was not in his name.
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