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

To Fight Fake IDs And Online Fraud, Know Thy Enemy Better
To Fight Fake IDs And Online Fraud, Know Thy Enemy Better
October 19, 2018  |  Fraud Prevention

To really beat someone, or something, one must respect and understand that person or organization, even if they dislike or loathe them. That’s ancient wisdom...

READ MORE >
Fraudsters Accused In $364M Ponzi Debt Scheme
Fraudsters Accused In $364M Ponzi Debt Scheme
September 20, 2018  |  Legal

Federal prosecutors have charged three men who allegedly ran a $364 million Ponzi scheme. According to Reuters, the men — Kevin Merrill of Maryland, 53,...

READ MORE >
Fake ID Docs Sold On Websites Targeted By Feds
Fake ID Docs Sold On Websites Targeted By Feds
September 19, 2018  |  Fraud Prevention

Discussions about ID theft often involve hackers and cyberattacks gaining access to consumer and payment data. But action from the U.S. Federal Trade Commission (FTC)...

READ MORE >
Experian Rolls Out Scan To Detect Child Identity Theft
Experian Rolls Out Scan To Detect Child Identity Theft
August 27, 2018  |  Security & Fraud

To help parents protect against child identity theft, Experian is rolling out a Child ID scan. The service comes as 1 million children had their...

READ MORE >
Allstate To Acquire Employee ID Protection Co InfoArmor For $525M
Allstate To Acquire Employee ID Protection Co InfoArmor For $525M
August 27, 2018  |  Partnerships / Acquisitions

To help address emerging risks facing consumers, The Allstate Corporation said it has agreed to buy identity protection provider InfoArmor, Inc. The deal, a $525...

READ MORE >
New Facial Recognition Tech Catches Traveler Imposter at U.S. Airport
New Facial Recognition Tech Catches Traveler Imposter at U.S. Airport
August 24, 2018  |  Identity theft

Facial recognition technology helped U.S. border agents catch a traveler posing as a French citizen — and did so on the third day that authorities were...

READ MORE >
Jumio On The Laws Of Big (Scary) Data Breach Numbers
Jumio On The Laws Of Big (Scary) Data Breach Numbers
August 21, 2018  |  Data Drivers

To take a line from the Queen of Soul, Aretha Franklin: Every chain has got a weak link. When it comes to the bond between...

READ MORE >
Businesses Can Have Their Identities Stolen, Too, Experts Warn
Businesses Can Have Their Identities Stolen, Too, Experts Warn
June 14, 2018  |  B2B Payments

Identity theft is an unfortunately reality for more consumers as data breaches continue to rock the market. Research from Auriemma Consulting Group estimates that identity...

READ MORE >
Trulioo GM: The Challenges Of GDPR’s Disappearing Data Act
Trulioo GM: The Challenges Of GDPR’s Disappearing Data Act
May 24, 2018  |  Security & Fraud

As the age of GDPR dawns, consumers have the power to ask that their info be erased. Firms are ready or not, and Trulioo GM...

READ MORE >