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March is a time for leprechauns and four-leaf clovers, and as luck would have it, its also a time to learn how to protect your private data from cybercrime. Each year, the first week of March (March 2-8) is recognized as National ConsumerProtection Week (NCPW).
The law firm recommends individuals to monitor accounts and credit reports for identitytheft or fraud. Customers can also place free fraud alerts on their credit files, requiring businesses to verify identity before extending credit. Victims of identitytheft are eligible for a seven-year extended fraud alert.
Identitytheftprotection firm LifeLock — a company that’s built a name for itself based on the promise of helping consumersprotect their identities online — may have actually exposed customers to additional attacks from ID thieves and phishers.
Computer Fraud & Abuse Act (CFAA) The Computer Fraud and Abuse Act (CFAA) addresses unauthorized access to computer systems and data, criminalizing hacking, identitytheft, and fraud. The act also covers various forms of cybercrime, including malware distribution and data theft.
The one that scares me the most is that with this data and its analysis, adversaries could perpetuate not only cybercrimes, but also physical crimes like looting or kidnapping.”. That type of information can be extremely valuable for things like identitytheft.”.
Identitytheft will evolve: Stolen identities will fuel new fraud schemes, like creating crypto accounts in victims names. Secure digital identities: Broader adoption of services like Clear and ID.me could reduce identitytheft and build trust online.
Hearing on "Securing Consumers' Credit Data in the Age of Digital Commerce". Subcommittee on Digital Commerce and ConsumerProtection. As a result, all 143 million US victims are at greater risk of identitytheft, and will remain at risk for years to come. Before the. Committee on Energy and Commerce.
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