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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). Fraud alerts and credit freezes Protect you from identitytheft.
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.
As online payment scams become increasingly prevalent, victims have raised significant concerns about consumerprotection 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.
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.
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.
Health Insurance Portability & Accountability Act (HIPAA) The Health Insurance Portability and Accountability Act (HIPAA) sets standards for protecting sensitive health information, particularly electronic health records (EHRs). The act also covers various forms of cybercrime, including malware distribution and data theft.
Here are seven essential guidelines to help protect yourself from the deceptive tactics of scammers: Utilize IdentityIQ identitytheftprotection services: IdentityIQ provides comprehensive identitytheftprotection services to cover you and your family that can help safeguard your personal information from scammers.
The History of Data Privacy Laws in Maryland Maryland’s PIPA (Personal Information Protection Act) was enacted in May 2022 to ensure that Maryland consumers are reasonably protected as identitytheft establishes itself as a growing threat.
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.
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