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credit fraud


Identity Theft: Myth vs Fact

The call center at the Identity Theft Resource Center is a busy place.

Our small group of Victim Advisors handle calls from all over the United States, dealing with everything from email account takeovers to medical identity theft and everything in between.

That being said, the same misconceptions come up again and again. We thought it would be a great idea to dispel some of these myths surrounding the issue of identity theft and replace them with the facts. Read More

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‘Identity Thief’ Movie Official Trailer: Prepare to Laugh

Funnywoman Melissa McCarthy, hilarious Jason Bateman, and a movie focused on raising awareness of identity theft? Bring on the popcorn!

The Identity Thief comedy, which premieres February 8, will hopefully raise awareness in a comical way. Click below to check out the trailer and prepare to laugh! Read More

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The FDIC Reviews Mobile Payment Systems

In 2011, the technology world was all abuzz with news of a new payment system which could turn your smartphone into a virtual wallet. Google was the first to come forward with their Google Wallet and they partnered with Visa and MasterCard to produce Near Field Communication systems in a limited number of smartphones.

Find out what the FDIC and other experts have to say about this service. Read More

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Online Identity Theft Still a Worry, Despite Study’s Claims That ‘Old-Fashioned’ Fraud Bigger Concern

With all due respect to insurance company Travelers, its latest study on identity theft isn’t entirely accurate.

The results — based on what the company calls a “comprehensive study of 2011 Travelers claim data” — shows that even in the digital era, burglary, stolen wallets, and pilfered identifications account for 73% of all cases.

Is most identity fraud really happening the “old-fashioned way” or not? Read more to separate fact from fiction.

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ID Analytics Study: More Than 10,000 ‘Identity Fraud Rings’ In United States

If you live in the southeast U.S. and/or have a wireless cell plan, this may not be the news you were hoping to read today.

A new study says there are more than 10,000 identity fraud rings in the United States, with some found in Detroit but the highest concentration of fraud mostly in the southeast, specifically Washington D.C.;  Tampa, FL; Greenville, MS, Macon, GA; and Montgomery, AL.

So what will you do today to prevent becoming a victim tomorrow? Read on for more information and tips.

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Actions Against Cybercriminals Heating Up

The web is a dangerous place for the uninformed and unprotected. Make sure you are trained and aware. Did you know that there have been several major crime busts in the war against cybercriminals recently?

Indeed, a new quarterly report from McAfee Labs shows some eye-opening statistics about actions taken recently against cybercriminals, including the following incidents: Read More

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Hacker Gets 8 Years in Prison, U.S. Attorney Warns ‘Hack and Steal At Your Own Peril, Consequence Is Prison Time’

Joshuah Allen Witt, a 35-year-old Seattle man, was sentenced to eight years in federal prison for his part in a three-man WiFi hacking and burglary ring.

His two fellow hackers have already been sentenced to federal prison, so this third and final sentencing concludes the court trials for a series of crimes that took more than $3 million from up to 50 local businesses. Read More

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Pop Quiz: Do You Have to Provide Your Child’s Social Security Number on School Enrollment Forms?

 

This recent editorial cartoon in The New Yorker put a face on how simple it is for hackers to succeed at stealing sensitive information online.

It happens as easily to adults as it does to kids.

Nearly 400,000 kids get their identities stolen each year, according to the Federal Trade Commission.

In fact, federal authorities have warned about people with bad credit buying “credit profile numbers” or CPNs from businesses that use computers to locate and sell Social Security numbers issued to children.

Identity thieves steal kids’ Social Security numbers because their credit is generally untarnished. It’s not until years later — when they apply for a store credit card, a college loan, or a job — that they find out their credit has been destroyed. Read More

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Microsoft Researchers On Passwords and Cybercrime

When it comes to password security, two Microsoft researchers ask whether everything we know about password stealing is wrong.

They offer somewhat provocative thoughts, such as:

“Getting in and getting out with money is a far harder problem than simply causing destruction. If the goal were mayhem and destruction rather than money-making we might be a great deal worse off.”

Read More

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Free WiFi At Disney Hotels, But Less-Than-Magical Online Privacy Issues Remain

When Disney executives polled more than 10,000 hotel guests about which amenities they would most like to see added to all Disney hotels, free WiFi connectivity topped guests’ wishlists.

So crews rewired the resort’s hotels — including the cabins in Disney’s Fort Wilderness campground — and completed the work last month. While it may seem like a magical perk to hotel guests, real privacy dangers lurk in the background. Read More

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