article thumbnail

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%

article thumbnail

FTC Recognizes Identity Theft Awareness Week

Identity IQ

FTC Recognizes Identity Theft Awareness Week. The Federal Trade Commission is commemorating Identity Theft Awareness Week with a series of free events focused on raising awareness and educating consumers about the growing risk of identity theft. So what is identity theft and, how can you protect yourself?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Protect My Business from Identity Theft?

Identity IQ

How to Protect My Business from Identity Theft? According to recent reports, identity theft is on the rise. Javelin Strategy reported identity theft resulted in an annual loss of $56 million in a mixed result of different criminal and fraudulent activities last year. Common Types of Business Identity Thefts.

article thumbnail

Identity theft is number one threat for consumers, says report

Malwarebytes

The German Federal Office for Information Security (BSI) has published a report on The State of IT Security in Germany in 2023 , and the number one threat for consumers is… identity theft. Some forms of two-factor authentication (2FA) can be phished just as easily as a password. Watch out for fake vendors. Take your time.

article thumbnail

5 Key Findings From the 2023 FBI Internet Crime Report

The true figure is likely to be even higher, though, as many identity theft and phishing attacks go unreported. The losses companies suffered in 2023 ransomware attacks increased by 74% compared to those of the previous year, according to new data from the Federal Bureau of Investigation (FBI).

article thumbnail

How to Prevent Tax Identity Theft

Identity IQ

How to Prevent Tax Identity Theft IdentityIQ Every year, tax season presents a seasonal opportunity for criminals seeking monetary gain from identity theft. Clearing up issues related to identity theft and fraudulent tax returns can be messy and significantly delay any tax refund you may be owed.

article thumbnail

My child had her data stolen—here’s how to protect your kids from identity theft 

Malwarebytes

She didn’t fill in her details to a phishing site. However, there are things you can do to prevent identity theft happening in general, some even after your kids’ data has been taken in a breach like this. However, this time it wasn’t my own data that was stolen. She didn’t download malware. Yet her data had already been stolen.