Identity Theft

Identity theft is the deliberate use of someone else's identity, usually as a method to gain a financial advantage or obtain credit and other benefits in the other person's name, and perhaps to the other person's disadvantage or loss.

Source: consumer.ftc.gov

Rhode Island Benefits Portal Hit by Ransomware Attack
Rhode Island Benefits Portal Hit by Ransomware Attack
December 15, 2024  |  Cybersecurity

Rhode Island’s public benefits system has reportedly been targeted in a ransomware attack. Hackers breached the online system and have threatened to disclose users’ personal...

READ MORE >
FTC Warns of ‘Massive Jump’ in Online Job Scams
FTC Warns of ‘Massive Jump’ in Online Job Scams
December 12, 2024  |  Security & Fraud

The Federal Trade Commission (FTC) is warning consumers about a “massive jump” in a form of online job scams called “task scams.” The FTC received 20,000...

READ MORE >
FTC Sends $500K to Consumers in Vivint Credit Report Case
FTC Sends $500K to Consumers in Vivint Credit Report Case
December 05, 2024  |  Security & Fraud

The FTC is sending almost $500,000 in payments to consumers it says were harmed by Vivint Smart Homes. According to a Wednesday (Dec. 4) news release, the Federal Trade...

READ MORE >
FinCEN Warns US Banks About AI Deepfake Frauds
FinCEN Warns US Banks About AI Deepfake Frauds
November 13, 2024  |  News

Law enforcement is warning U.S. banks about the danger of AI-powered identity fraud schemes. The Treasury Department’s Financial Crimes Enforcement Network (FinCEN) issued an alert...

READ MORE >
Report: How Financial Scams Are Eroding Consumer Confidence and Financial Health
Report: How Financial Scams Are Eroding Consumer Confidence and Financial Health
October 23, 2024  |  Fraud Prevention

Financial scams have never been more prevalent, but quality data on the number of victims and scale of their losses remains limited. For consumer-facing financial...

READ MORE >
ID.me Seeks $1.8 Valuation As ID Theft Threat Grows
ID.me Seeks $1.8 Valuation As ID Theft Threat Grows
October 09, 2024  |  Authentication

ID.me is reportedly aiming for a $1.8 billion valuation in a share sale. As Bloomberg News reported Tuesday (Oct. 8), sources close to the matter...

READ MORE >
How to Stop Real Estate Fraud? Make Sure the Government-Issued ID Isn’t Fake
How to Stop Real Estate Fraud? Make Sure the Government-Issued ID Isn’t Fake
October 07, 2024  |  Authentication

The line from “The Godfather” rings true in the age of digital fraud and stolen identities: It’s not personal; it’s strictly business. A guiding principle...

READ MORE >
Businesses Race to Meet Federal ‘RealID’ Compliance Deadline
Businesses Race to Meet Federal ‘RealID’ Compliance Deadline
October 04, 2024  |  Identity

In an age where security is paramount and identity fraud is a growing concern, the Real ID Act stands at the forefront of a significant shift...

READ MORE >
Social Security Number Hack May Produce New Fraud Vector
Social Security Number Hack May Produce New Fraud Vector
August 18, 2024  |  Security & Fraud

Earlier this year, hackers stole the data of 2.9 billion people from a broker. Now, that breach threatens to usher in a wave of identity...

READ MORE >