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

Visa And Mastercard Warn Of 200K Vulnerable Credit Cards From Equifax Leak
Visa And Mastercard Warn Of 200K Vulnerable Credit Cards From Equifax Leak
September 15, 2017  |  Security & Fraud

Visa and Mastercard are warning financial institutions across the country that more than 200,000 credit cards were compromised during the Equifax hack. KrebsOnSecurity broke the...

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Synthetic Identity Theft On The Rise
Synthetic Identity Theft On The Rise
September 14, 2017  |  Security & Fraud

A new type of credit card fraud is emerging, dubbed “synthetic identity theft.” In instances of synthetic identity theft, cybercriminals create new identities to credit...

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Equifax Blames Flaw In Database Software For Breach; Backlash Mounts From Consumers, Lawmakers
Equifax Blames Flaw In Database Software For Breach; Backlash Mounts From Consumers, Lawmakers
September 11, 2017  |  Safety and Security

Equifax, the credit scoring company that suffered a data breach that impacted as many as 143 million Americans, is blaming a vendor software flaw in...

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Making Voice Assistants Allies In Health
Making Voice Assistants Allies In Health
September 01, 2017  |  Voice Activation

Orbita CEO Bill Rogers has a relative with dementia. As dementia patients often do, she repeats a lot of the same questions, and it drives...

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Wells Fargo Accused Of Closing Accounts Customers Needed
Wells Fargo Accused Of Closing Accounts Customers Needed
August 21, 2017  |  Bank Regulation

Wells Fargo, the embattled national bank, disclosed in a Securities and Exchange Commission (SEC) filing that the Consumer Financial Protection Bureau (CFPB), a government regulatory...

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Prosper Gets Rid Of App Designed To Protect Identities
Prosper Gets Rid Of App Designed To Protect Identities
August 01, 2017  |  Fraud Prevention

Prosper Marketplace, the online lender, is reportedly getting rid of its Prosper Daily mobile app, which enabled customers to monitor their personal finances, like credit...

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Gas Station Skimmers Can Send Stolen Data Via SMS
Gas Station Skimmers Can Send Stolen Data Via SMS
July 28, 2017  |  Safety and Security

Police have discovered a new credit card skimmer that connects to the inside of a gas station pump and is able to send stolen data...

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AI/BOTS: Machine Learning Tips Online Fraud Scales
AI/BOTS: Machine Learning Tips Online Fraud Scales
July 25, 2017  |  Artificial Intelligence

Technological advances are pushing the boundaries for what’s possible in a variety of industries. Within the retail industry specifically, artificial intelligence (AI) is moving the...

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RSA: Biometrics Are The Sweet Spot Between Convenience And Security
RSA: Biometrics Are The Sweet Spot Between Convenience And Security
July 12, 2017  |  Security & Fraud

Teach a man to phish and he’ll launch a phishing attempt every 30 seconds for the rest of his life. So what can businesses do...

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