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

A Digital ID Fix For Online Estate Planning
A Digital ID Fix For Online Estate Planning
May 15, 2020  |  Authentication

Estate planning has historically meant knocking on an attorney’s door and filling out paperwork. Laws requiring consumers to have in-person meetings and submit physical ID...

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Using AI And Biometrics To Digitize Estate Planning
Using AI And Biometrics To Digitize Estate Planning
May 14, 2020  |  Authentication

The COVID-19 pandemic has triggered an uptick in digital fraud and identity theft, with 18,235 pandemic-related fraud reports received by the Federal Trade Commission (FTC)...

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Deep Dive: Why New Hacking Technology Has Made Application Fraud More Difficult To Fight
Deep Dive: Why New Hacking Technology Has Made Application Fraud More Difficult To Fight
March 27, 2020  |  Fraud Prevention

The financial industry is particularly vulnerable to digital fraud. Untold trillions of dollars cycle between financial institutions (FIs) and customers around the world every day,...

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Wawa Says Thousands Affected By Data Breach
Wawa Says Thousands Affected By Data Breach
December 20, 2019  |  Security & Fraud

Gas station and convenience store chain Wawa said it discovered a data breach in which thousands of customers’ debit and credit card information was stolen,...

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Deep Dive: Clean And Friendly Fraud Play Dirty
Deep Dive: Clean And Friendly Fraud Play Dirty
December 20, 2019  |  Fraud Prevention

Fraud comes in many forms, and the fight against it never ends. Fraudsters pretending to be someone else generally take one of two approaches: They...

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Protecting The Youngest — And Most Vulnerable — ID Theft Victims
Protecting The Youngest — And Most Vulnerable — ID Theft Victims
October 18, 2019  |  Identity theft

Fraudsters are preying on children, pilfering Social Security numbers and other data to commit identity theft, run up charges and ruin credit. Zac Cohen, general...

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GIACT Report: $3.4B Lost To New Account Fraud In 2018
GIACT Report: $3.4B Lost To New Account Fraud In 2018
July 25, 2019  |  Security & Fraud

A new report from GIACT Systems has revealed that $3.4 billion was lost due to New Account Fraud (NAF) last year. According to the report,...

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iPhone Scam Reveals How Digital Criminals Find Vulnerabilities
iPhone Scam Reveals How Digital Criminals Find Vulnerabilities
June 05, 2019  |  Security & Fraud

Think of the Apple iPhone, and thoughts are likely to turn to matters involving social media, selfies, family photos, mobile commerce and even payments. But...

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Millions Of Health Records Compromised In Quest Hack
Millions Of Health Records Compromised In Quest Hack
June 03, 2019  |  Security & Fraud

Patient records numbering around 11.9 million were compromised and exposed in a data breach of an agency that collects money for Quest Diagnostics and UnitedHealth...

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