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Government Shutdown Leaves Americans More Vulnerable to Identity Theft, Scams

Adam Levin

citizens are more vulnerable to the effects of identity theft and scams as a result of the ongoing government shutdown. This effectively leaves victims unable to file reports or get documentation of their stolen identities, which is typically a first step for mitigating damage to credit and financial accounts. .

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National Consumer Protection Week: Keeping your personal data safe in a digitally connected world

Webroot

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 Consumer Protection Week (NCPW). Fraud alerts and credit freezes Protect you from identity theft.

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Business ID Theft Soars Amid COVID Closures

Krebs on Security

This story is about the victims of a particularly aggressive business ID theft ring that’s spent years targeting small businesses across the country and is now pivoting toward using that access for pandemic assistance loans and unemployment benefits. For 2020, the company estimates an overall 258 percent spike in the crime.

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Credit Freezes are Free: Let the Ice Age Begin

Krebs on Security

If you’ve been holding out because you’re not particularly worried about ID theft, here’s another reason to reconsider: The credit bureaus profit from selling copies of your file to others, so freezing your file also lets you deny these dinosaurs a valuable revenue stream. But it also includes a silver lining.

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Major Banks Under Fire for Refusing Reimbursements to Victims of Online Payment Scams

Identity IQ

As online payment scams become increasingly prevalent, victims have raised significant concerns about consumer protection and financial security. The increase in online payment scams, particularly those involving Zelle, has led to significant financial losses for consumers. Key Takeaways Major U.S.

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Me on the Equifax Breach

Schneier on Security

Hearing on "Securing Consumers' Credit Data in the Age of Digital Commerce". Subcommittee on Digital Commerce and Consumer Protection. As a result, all 143 million US victims are at greater risk of identity theft, and will remain at risk for years to come. Before the. Committee on Energy and Commerce.

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FTC Warns US Citizens of ‘Instant Cash Payments’ Scammers Impersonating the Agency

Hot for Security

The US Federal Trade Commission (FTC) has released information on scammers impersonating the agency, warning the public that the criminals operate a spoofed website to trick consumers into disclosing financial information, with a tantalizing promise of instant cash.

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