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

Supremes Take On ID Fraud, Undocumented Immigrants
Supremes Take On ID Fraud, Undocumented Immigrants
March 18, 2019  |  Legal

The U.S. Supreme Court has agreed to hear arguments over states’ ability to prosecute illegal immigrants for identity theft if they use someone else’s Social Security...

READ MORE >
When Synthetic IDs Are As Good As The Real Thing
When Synthetic IDs Are As Good As The Real Thing
March 01, 2019  |  Fraud Prevention

It’s no secret that digital criminals are becoming more sophisticated. So are the fraud defenses deployed by merchants, payment service providers and financial institutions. But...

READ MORE >
Equifax Chief Hit By Identity Theft Three Times
Equifax Chief Hit By Identity Theft Three Times
February 28, 2019  |  Security & Fraud

Equifax CEO Mark Begor revealed that he has been the victim of identity theft three times in the past 10 years during a privacy hearing...

READ MORE >
Symantec: Formjacking Is Cybercriminals’ Newest Scam
Symantec: Formjacking Is Cybercriminals’ Newest Scam
February 20, 2019  |  Security & Fraud

With cybercriminals not making as much from ransomware and cryptojacking, they have been focusing more on a strategy called “formjacking” to raise cash. That’s according...

READ MORE >
The Inverted Approach To Tackling Fraud
The Inverted Approach To Tackling Fraud
February 20, 2019  |  Today In Data

Banks, financial institutions (FIs) and other firms are grappling with a flood of application fraud and identity theft. In other news, customers see self-service kiosks and online...

READ MORE >
Inverting The Fraud Approach: Fraudsters Can Check In, But Never Leave
Inverting The Fraud Approach: Fraudsters Can Check In, But Never Leave
February 20, 2019  |  Security & Fraud

A single data breach in 2017 exposed 143 million Americans’ credit details and personal information, and incidents that occurred a year later hit companies like...

READ MORE >
Fraud’s New Paradigm: Let Fraudsters In, But Never Let Them Leave
Fraud’s New Paradigm: Let Fraudsters In, But Never Let Them Leave
February 19, 2019  |  Security & Fraud

Fraud is rampant and thriving. With a wealth of stolen credentials to pick from in the wake of several data breaches that comprised the identities...

READ MORE >
FTC Seeks Input On ID Theft Prevention Rules
FTC Seeks Input On ID Theft Prevention Rules
December 04, 2018  |  Regulation

The Federal Trade Commission announced Tuesday (December 4) it is seeking comment on whether the agency should make changes to rules requiring financial institutions and...

READ MORE >
Today In Data: Driving A Digitally Determined World
Today In Data: Driving A Digitally Determined World
October 22, 2018  |  Today In Data

In an average week, the average consumer spends about 24 hours online – exactly 1/7 of their time. They use their phones to order food and to decide...

READ MORE >