Indiana stops $88M in identity theft in 2014
Indiana is successfully putting a stop to identity theft due to new security measures.
Consumer Protection
WebSafety Keeps Kids Safe on the Internet
The WebSafety app empowers parents to keep track of their childrens’ smartphone and tablet usage. It can trigger alerts for vulgar language, flag websites and monitor apps that kids and teens download onto their phones and tablets. Those are just a few of the options available.
NXT-ID claims Wocket™ is useless to thieves
Each time after the dynamic card is used, it is zeroized. Thus, it is merely blank piece of plastic to any ambitious thief.”
Medical Records are New Target for Cybercriminals
Robert Gregg, chief executive of ID Experts, “A financial identity can be worth $5 to $10 if you have all the info. A medical identity can be five to 10 times that amount just because how easy it is to monetize that information once the bad guys get it.”
Bitcoins Vanish and Mt. Gox Goes Dark
Karpeles said that technical issues and “some weakness in the system” opened the way for the fraudulent withdrawals.
U.S. Secret Service Investigating Possible Data Breach at Sears?
Bloomberg News, using an un-indentified source, reported that the U.S. Secret Service was involved in investigating a secret breach at Sears. The U.S. Secret Service is remaining quiet on whether or not it is actually investigating a breach at the retailer.
Stolen Identity Refund Fraud: Who, What and Why
The burden of proof rests on the individual to prove that their identity was actually stolen and that they did not file a return in the first place.
As Target breach grows, retailer embraces security options
Target is now offering free credit monitoring and identity theft protection to customer’s for one-year free. The one-year offer includes a credit report, daily credit monitoring, identity theft resolution, identity theft insurance and ProtectMyID ExtendCARE, personalized assistance from a highly-trained Fraud Resolution Agent after the one-year period expires.
Credit Card Processors Stealing from Business Clients
Now consumers have to worry about the credit card processors stealing the information from businesses. Recently, several proprietors of a credit card processing company have been indicted on several charges in Phoenix, Arizona.
5 Credit Card Safety Tips for Travel during the Holidays
Use these five tips to keep from becoming a victim of credit card fraud during your travels this holiday season.