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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. . With 87.5%

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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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Interview With Michael Bruemmer, Vice President of Experian Data Breach Resolution Group and Consumer Protection

SecureBlitz

Want to prevent identity theft? In this interview, we sat down with Michael Bruemmer, Vice President of Experian Data Breach Resolution Group and Consumer Protection, to learn more about cyber threats and how primary internet users can protect themselves.

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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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LifeLock Bug Exposed Millions of Customer Email Addresses

Krebs on Security

Identity theft protection firm LifeLock — a company that’s built a name for itself based on the promise of helping consumers protect their identities online — may have actually exposed customers to additional attacks from ID thieves and phishers.

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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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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.